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Musicians Union Building 3701 Vegas Dr 1,771 SF Office Building Las Vegas, NV 89108 $520,000 ($293.62/SF)
Investment Highlights
- Residential to Office conversion provides for a multitude of potential uses such as potential office, day care, religious facility uses, and more!
- Own for less than the cost of leasing
- Property includes enclosed outdoor storage with air-conditioning
- Corner lot with excellent visibility
Executive Summary
Own a piece of Las Vegas music history! Former Las Vegas Musicians Union Building, perfect for office, daycare, religious facilities uses, and more. Property includes outdoor storage buildings that have air-conditioning.
North Western Central submarket area. Exceptional access to Rancho, the I-11 freeway, downtown, the resort corridor.
North Western Central submarket area. Exceptional access to Rancho, the I-11 freeway, downtown, the resort corridor.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
1,771 SF
Building Class
C
Year Built
1954
Price
$520,000
Price Per SF
$293.62
Tenancy
Single
Building Height
1 Story
Typical Floor Size
1,771 SF
Building FAR
0.25
Lot Size
0.16 AC
Zoning
P-R
Parking
4 Spaces (2.26 Spaces per 1,000 SF Leased)
Amenities
- 24 Hour Access
- Bus Line
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Arts, Entertainment, and Recreation
- -
- -
- -
The American Federation of Musicians (AFM) is a labor union established in 1896 representing professional instrumentalists in the United States and Canada. Headquartered in New York City, it provides services including contract negotiation, intellectual property protection, and benefits administration for its members. The AFM has a rich history of advocating for fair wages and working conditions for musicians across various sectors including orchestras, recording studios, and live performances. It operates through numerous regional locals that serve specific geographic areas and musical disciplines, making it a significant presence in the North American music industry.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Arts, Entertainment, and Recreation | - | - | - |
1 1
Moderately walkable
60/100
Very drivable
80/100
Some public transit
40/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 139-30-515-001 | Improvements Assessment | $19,083 |
| Land Assessment | $21,464 | Total Assessment | $40,548 |
Property Taxes
Parcel Number
139-30-515-001
Land Assessment
$21,464
Improvements Assessment
$19,083
Total Assessment
$40,548
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