This Office Property is no longer advertised on LoopNet.com.

509 S 7th St
Las Vegas, NV 89101
Downtown Office Bungalo · Office Property For Sale

Property Facts

Property Type
Office
Building Size
1,673 SF
Building Class
C
Year Built
1941
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
1,673 SF
Building FAR
0.19
Lot Size
0.20 AC
Zoning
R1, City of L.V.
Parking
7 Spaces (4.18 Spaces per 1,000 SF Leased)

Amenities

  • 24 Hour Access
  • Signage

About 509 S 7TH ST , LAS VEGAS, NV 89101

FOR ADDITIONAL PHOTOS VISIT THE DEDICATED PROPERTY WEBSITE LINK BELOW This renovated vintage downtown office building offers over 1600 sqft of space, both on and off-street parking and beautiful mature landscaping with plenty of shade. This free-standing building is ideally situated in downtown Las Vegas within close proximity to City Hall, Federal & local court houses and world class dinning. The building was renovated in 2012 and has enjoyed a stable occupancy over the years providing reliable cashflow. Current CAP rate is 6.5% and pure net due to the triple net lease in place. Currently the property is occupied by a single tenant who has 1 year left on their 2 year triple net lease. This offering is perfect for a business owner who is looking to relocate their practice/business within the next year to Las Vegas. With all the positive economic growth, increase in population and new exciting opportunities taking hold in Las Vegas such as legalized recreational marijuana, professional sports and downtown redevelopment plans this office building can fit the needs of many different types of businesses. Located in Lawyers row in Dowtown Las Vegas

Property Taxes

Property Taxes

Parcel Number
139-34-710-041
Land Assessment
$112,820
Improvements Assessment
$17,545
Total Assessment
$130,366
  • Listing ID: 7981187

  • Date on Market: 7/5/2017

  • Last Updated:

  • Address: 509 S 7th St, Las Vegas, NV 89101

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