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1401 S Eastern Ave 1,657 SF Office Building Las Vegas, NV 89104 $400,000 ($241.40/SF)
Investment Highlights
- Centrally Located
- Owner User
- Street Visibility
- Off Street Parking
Executive Summary
Located within the Eastern Avenue corridor. The site currently operates as a Freemason social club.
The building features a flexible interior layout with a main gathering area right off the entrance and supporting rooms that can accommodate offices, or meeting spaces. The configuration allows for alternative uses such as tax office, community center or counseling offices.
Located just minutes from Downtown Las Vegas and surrounded by established residential neighborhoods, the property benefits from excellent visibility, convenient access, and proximity to major thoroughfares including Eastern Avenue, Charleston Boulevard, and Interstate 515. On-site parking and street frontage further enhance usability for public-facing operations.
This offering is ideal for owner-users seeking a centrally located facility. The current tenant is on a month to month lease at $1,320/m.
The building features a flexible interior layout with a main gathering area right off the entrance and supporting rooms that can accommodate offices, or meeting spaces. The configuration allows for alternative uses such as tax office, community center or counseling offices.
Located just minutes from Downtown Las Vegas and surrounded by established residential neighborhoods, the property benefits from excellent visibility, convenient access, and proximity to major thoroughfares including Eastern Avenue, Charleston Boulevard, and Interstate 515. On-site parking and street frontage further enhance usability for public-facing operations.
This offering is ideal for owner-users seeking a centrally located facility. The current tenant is on a month to month lease at $1,320/m.
Taxes & Operating Expenses (Actual - 2026) |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
$1,953,603
|
$1,179.00
|
| Operating Expenses |
$3,314,000
|
$2,000.00
|
| Total Expenses |
$5,267,603
|
$3,179.00
|
Taxes & Operating Expenses (Actual - 2026)
| Taxes | |
|---|---|
| Annual | $1,953,603 |
| Annual Per SF | $1,179.00 |
| Operating Expenses | |
|---|---|
| Annual | $3,314,000 |
| Annual Per SF | $2,000.00 |
| Total Expenses | |
|---|---|
| Annual | $5,267,603 |
| Annual Per SF | $3,179.00 |
Property Facts
Sale Type
Owner User
Property Type
Office
Building Size
1,657 SF
Building Class
C
Year Built/Renovated
1953/2020
Price
$400,000
Price Per SF
$241.40
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,657 SF
Building FAR
0.35
Lot Size
0.11 AC
Zoning
P-R
Parking
8 Spaces (4.83 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
1 1
Moderately walkable
70/100
Exceptionally drivable
90/100
Some public transit
50/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 162-01-210-036 | Total Assessment | $37,231 |
| Land Assessment | $15,095 | Annual Taxes | $1,953,603 ($1,179.00/SF) |
| Improvements Assessment | $22,136 | Tax Year | 2026 |
Property Taxes
Parcel Number
162-01-210-036
Land Assessment
$15,095
Improvements Assessment
$22,136
Total Assessment
$37,231
Annual Taxes
$1,953,603 ($1,179.00/SF)
Tax Year
2026
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1401 S Eastern Ave
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