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INVESTMENT HIGHLIGHTS
- Rare, ±14,266 SF Office/Industrial/showroom building in the E. Fremont corridor.
- Own a piece of Vegas history!
- The property has tremendous frontage on Fremont Street, with exceptional visibility from the hotel and multifamily uses in the area.
- 1 Grade loading door; Ample parking
- Multitude of potential use including retail, office, warehouse, mixed use, or as a development opportunity.
- 100+ feet of frontage on Fremont Street; ±1.4 Miles from I-11 Freeway
EXECUTIVE SUMMARY
Property Description
Former Western Theatre on Fremont! Currently in operation as American Printing, one of the longest running printing operations in Las Vegas, benefit from a multitude of potential uses including retail, warehouse, office, showroom, or as a redevelopment opportunity. Tremendous frontage on Fremont Street, with exceptional visibility from the hotel and multifamily uses in the area.
During a renovation, a 50¢ theater ticket with the name “Western Theater” was discovered along with a popcorn bag, which proved without a doubt that this was one of the Old Entertainment District Movie Theatres. After closing as the theatre, it housed a Bicycle & Lawn Mower Shop, a Barber Shop and a Furniture Store.
In 1967, Jim Kizzire opened his printing company with two employees, occupying 500 square feet of this historic building. In the theatre with a drop of over 4 feet & 4,000 square feet. In 1968 Mr. Kizzire placed 4 feet of fill and concrete in the old theatre and brought in larger printing equipment to fulfill his customer’s needs. Mr. Kizzire remodeled the building in 1993 and today, American Printing employs over 30 full-time workers and occupies the entire building of 20,000 square feet plus a next door parking lot for customers and employees.
Area Description
Near the corner of E. Fremont and 15th Street. The site is perfect for redevelopment with 100+ feet of frontage on Fremont Street. Within walking distance to Fremont Village and in proximity to the Fremont Redevelopment District.
Former Western Theatre on Fremont! Currently in operation as American Printing, one of the longest running printing operations in Las Vegas, benefit from a multitude of potential uses including retail, warehouse, office, showroom, or as a redevelopment opportunity. Tremendous frontage on Fremont Street, with exceptional visibility from the hotel and multifamily uses in the area.
During a renovation, a 50¢ theater ticket with the name “Western Theater” was discovered along with a popcorn bag, which proved without a doubt that this was one of the Old Entertainment District Movie Theatres. After closing as the theatre, it housed a Bicycle & Lawn Mower Shop, a Barber Shop and a Furniture Store.
In 1967, Jim Kizzire opened his printing company with two employees, occupying 500 square feet of this historic building. In the theatre with a drop of over 4 feet & 4,000 square feet. In 1968 Mr. Kizzire placed 4 feet of fill and concrete in the old theatre and brought in larger printing equipment to fulfill his customer’s needs. Mr. Kizzire remodeled the building in 1993 and today, American Printing employs over 30 full-time workers and occupies the entire building of 20,000 square feet plus a next door parking lot for customers and employees.
Area Description
Near the corner of E. Fremont and 15th Street. The site is perfect for redevelopment with 100+ feet of frontage on Fremont Street. Within walking distance to Fremont Village and in proximity to the Fremont Redevelopment District.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
14,266 SF
Building Class
C
Year Built
1970
Price
$2,200,000
Price Per SF
$154.21
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.63
Lot Size
0.52 AC
Opportunity Zone
Yes
Zoning
T4
Frontage
144’ on Fremont St
Walk Score®
Very Walkable (81)
Bike Score®
Very Bikeable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 139-35-314-002 | Improvements Assessment | $124,234 |
| Land Assessment | $79,586 | Total Assessment | $203,820 |
PROPERTY TAXES
Parcel Number
139-35-314-002
Land Assessment
$79,586
Improvements Assessment
$124,234
Total Assessment
$203,820
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1512-1518 Fremont St
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