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1700 Las Vegas Blvd 29,039 SF 100% Leased Retail Building Las Vegas, NV 89104 $9,000,000 ($309.93/SF)
Investment Highlights
- Las Vegas Blvd. Frontage
- Zoning allows for very broad array of uses
- Large Lot (1.48 acres)
- Located on Signalized Double Corner
- Great Visibility
- Interior has Bowstring Truss Ceiling
Executive Summary
Prime Location on Las Vegas Blvd. and priced to sell. 29,039 SF vacant building on 1.48 acres. Building has clean phase 1 report, clean asbestos report, boundary and topographical survey and ALTA Survey.
1700 S Las Vegas Blvd, an oversized 1.48-acre development site with 29,039 SF Vacant Building with 230 linear front feet along Las Vegas Blvd at a fully-signalized intersection, stands at the crossroads between The Strip/Convention Corridor and the Downtown Las Vegas Resort Corridor (aka Fremont St). Nearby Interstate 15 provides rapid access to the site from interchanges at Charleston Blvd to the north and Sahara Ave to the south. This location places 1700 S Las Vegas Blvd a short walk/ride from The Strip, Convention Center, and Downtown, while granting valley-wide rapid access for local residents.
Sale includes, if desired, a fully designed (near permit-ready) plan set (architectural, structural, civil, mechanical, electrical) for a 45,000+SF adaptive re-use project at the site. These plans are suitable for event/entertainment venue (including programmable outdoor space), F&B and retail uses.
1700 S Las Vegas Blvd, an oversized 1.48-acre development site with 29,039 SF Vacant Building with 230 linear front feet along Las Vegas Blvd at a fully-signalized intersection, stands at the crossroads between The Strip/Convention Corridor and the Downtown Las Vegas Resort Corridor (aka Fremont St). Nearby Interstate 15 provides rapid access to the site from interchanges at Charleston Blvd to the north and Sahara Ave to the south. This location places 1700 S Las Vegas Blvd a short walk/ride from The Strip, Convention Center, and Downtown, while granting valley-wide rapid access for local residents.
Sale includes, if desired, a fully designed (near permit-ready) plan set (architectural, structural, civil, mechanical, electrical) for a 45,000+SF adaptive re-use project at the site. These plans are suitable for event/entertainment venue (including programmable outdoor space), F&B and retail uses.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
29,039 SF
Building Class
B
Year Built/Renovated
1955/2022
Price
$9,000,000
Price Per SF
$309.93
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Loading Docks
1 Exterior
Building FAR
0.45
Lot Size
1.48 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial.
Expansive zoning options will allow for high-rise multifamily, hotel, retail, office, F&B, entertainment venue
Parking
60 Spaces (2.07 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Mezzanine
- Pylon Sign
- Signage
- Signalized Intersection
- Monument Signage
Moderately walkable
70/100
Exceptionally drivable
100/100
Good public transit
70/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 162-03-302-009 | Improvements Assessment | $341,449 |
| Land Assessment | $1,433,501 | Total Assessment | $1,774,950 |
Property Taxes
Parcel Number
162-03-302-009
Land Assessment
$1,433,501
Improvements Assessment
$341,449
Total Assessment
$1,774,950
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1700 Las Vegas Blvd