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Vacant Freestanding Tavern 1590 E Flamingo Rd 4,791 SF Retail Building Las Vegas, NV 89119 $2,500,000 ($521.81/SF)
Investment Highlights
- Owner-User or Investor Opportunity: Fee simple freestanding tavern/restaurant; fully vacant and ready for renovation or occupancy.
- Restricted Gaming Eligible: Previously operated with 15-machine restricted license—rare and highly sought after.
- Strong Demographics: ±438K population and ±$76K average income within 5 miles.
- Value-Add Potential: Full kitchen, bar, dining areas, and patio; ideal for gaming tavern, sports bar, or restaurant concepts.
- Prime Central Location: Strong visibility off Flamingo Rd. with ±41,500 CPD; near UNLV and the Strip.
- Ample Parking: ±0.55 acres with 32+ spaces and cross-parking.
Executive Summary
The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a former restaurant and tavern property at 1590 E. Flamingo Rd in Las Vegas, Nevada. The ± 4,791 SF freestanding building sits on ± 0.55 acres and features a full commercial kitchen, dining room, bar, and a covered patio. The property has been well maintained with recent capital improvements to the roof, parking lot, and HVAC systems. The previous business recently operated with a restricted gaming license for 15 machines, creating a rare value-add opportunity for a tavern operator or investor.
Positioned in a densely populated infill area with over ± 438,737 residents within a five-mile radius, the site offers prime visibility along Flamingo Rd. with traffic counts of ± 41,500 CPD. Its central Las Vegas Valley location near the Resort Corridor within the university retail district places it within close proximity to UNLV, the Las Vegas Strip, and Thomas & Mack Center.
We invite you to learn more about this exciting opportunity!
Positioned in a densely populated infill area with over ± 438,737 residents within a five-mile radius, the site offers prime visibility along Flamingo Rd. with traffic counts of ± 41,500 CPD. Its central Las Vegas Valley location near the Resort Corridor within the university retail district places it within close proximity to UNLV, the Las Vegas Strip, and Thomas & Mack Center.
We invite you to learn more about this exciting opportunity!
Taxes & Operating Expenses (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Taxes |
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| Operating Expenses |
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| Total Expenses |
$99,999
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$9.99
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Taxes & Operating Expenses (Actual - 2025) Click Here to Access
| Taxes | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Operating Expenses | |
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| Annual | - |
| Annual Per SF | - |
| Total Expenses | |
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| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
4,791 SF
Building Class
B
Year Built/Renovated
1968/2016
Price
$2,500,000
Price Per SF
$521.81
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.55 AC
Zoning
Commercial General (CG) - General Commercial
Parking
14 Spaces (2.92 Spaces per 1,000 SF Leased)
Frontage
67’ on Flamingo Rd
Amenities
- Bus Line
- Pylon Sign
- Signage
Walk Score®
Very Walkable (81)
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-14-411-008 | Improvements Assessment | $87,853 |
| Land Assessment | $96,431 | Total Assessment | $184,284 |
Property Taxes
Parcel Number
162-14-411-008
Land Assessment
$96,431
Improvements Assessment
$87,853
Total Assessment
$184,284
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Vacant Freestanding Tavern | 1590 E Flamingo Rd
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