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1623-1625 Fremont St 8,400 SF 100% Leased Retail Building Las Vegas, NV 89101 $899,999 ($107.14/SF)
Investment Highlights
- Rare Fremont Street Opportunity – Ground-floor development canvas in Downtown Las Vegas's primary revitalization corridor 8,400 SF Two-Story Building
- Downtown Momentum – Most significant wave of private investment in decades; accelerating demand for retail and service amenities
- Dual Zoning (C-2/T-4) – Broad permitted uses: retail, restaurant, F&B, office, creative space, mixed-use, entertainment, hospitality
- Owner-User or Investment Play – Flexibility for single-tenant, multi-tenant, or repositioned concept
- Street Frontage + Rear Parking – Fremont St visibility with owner/employee parking behind
Executive Summary
Situated on Fremont Street—one of Las Vegas's most storied commercial arterials and primary driver of Downtown's ongoing revitalization—1623-1625 Fremont Street is a blank-canvas opportunity offering immediate development-ready conditions for an owner-user, creative operator, or institutional investor.
Key Highlights:
8,400 SF two-story commercial building + adjacent rear parcel (0.47 acres total)
Dual Zoning: C-2 Commercial & T-4 Transect overlay accommodate broad range of end uses
Vacant & Gutted: Ready for owner-user, food & beverage, office, or mixed-use redevelopment
Two Commercial Walk-In Freezers remain on-site
Street Frontage on Fremont St + Owner/Employee parking in rear
Historic Building: Built 1952, two stories
Permitted Uses: Retail, Restaurant, Food & Beverage, Office, Creative Space, Mixed-Use Redevelopment, Entertainment, Hospitality
Market Position:
Downtown Las Vegas is experiencing its most significant wave of private investment in decades. This property sits squarely at the center of that momentum—near multiple nine-figure developments, adjacent to the 18B Arts District, and on a corridor experiencing accelerating demand for retail and service amenities.
Key Highlights:
8,400 SF two-story commercial building + adjacent rear parcel (0.47 acres total)
Dual Zoning: C-2 Commercial & T-4 Transect overlay accommodate broad range of end uses
Vacant & Gutted: Ready for owner-user, food & beverage, office, or mixed-use redevelopment
Two Commercial Walk-In Freezers remain on-site
Street Frontage on Fremont St + Owner/Employee parking in rear
Historic Building: Built 1952, two stories
Permitted Uses: Retail, Restaurant, Food & Beverage, Office, Creative Space, Mixed-Use Redevelopment, Entertainment, Hospitality
Market Position:
Downtown Las Vegas is experiencing its most significant wave of private investment in decades. This property sits squarely at the center of that momentum—near multiple nine-figure developments, adjacent to the 18B Arts District, and on a corridor experiencing accelerating demand for retail and service amenities.
Property Facts
Sale Type
Investment
Sale Conditions
Property Type
Retail
Property Subtype
Building Size
8,400 SF
Building Class
C
Year Built
1952
Price
$899,999
Price Per SF
$107.14
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.62
Lot Size
0.31 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
18 Spaces (2.38 Spaces per 1,000 SF Leased)
Frontage
52’ on Fremont St
Amenities
- Bus Line
- Fenced Lot
- Signage
- Air Conditioning
Moderately walkable
60/100
Exceptionally drivable
100/100
Some public transit
50/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-35-301-008 | Improvements Assessment | $82,999 |
| Land Assessment | $64,107 | Total Assessment | $147,107 |
Property Taxes
Parcel Number
139-35-301-008
Land Assessment
$64,107
Improvements Assessment
$82,999
Total Assessment
$147,107
Contacts
-
Joshua Lafond -
Michael Vesely -
Cassidy Cotten -
Platinum Real Estate Professionals
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