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522 W Washington Ave
Las Vegas, NV 89106
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The ± 10,124 SF U-shaped property has a commercial kitchen, multiple restrooms with showers, and a variety of rooms
- An estimated $1B is being invested in the area, including new housing, infrastructure, and a library.
- The vacant property is located in the Central West submarket (Historical Westside) and would qualify for SBA financing
- The City of Las Vegas is offering multiple incentives/programs.
EXECUTIVE SUMMARY
The vacant property is located in the Central West submarket (Historical Westside) and would qualify for SBA financing.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
10,124 SF
Building Class
C
Year Built
1993
Price
$2,050,000
Price Per SF
$202.49
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.51
Lot Size
0.46 AC
Opportunity Zone
Yes
Zoning
C-V
Parking
16 Spaces (1.58 Spaces per 1,000 SF Leased)
Frontage
153’ on Washington
PROPERTY TAXES
| Parcel Number | 139-27-210-134 | Improvements Assessment | $327,959 |
| Land Assessment | $42,078 | Total Assessment | $370,037 |
PROPERTY TAXES
Parcel Number
139-27-210-134
Land Assessment
$42,078
Improvements Assessment
$327,959
Total Assessment
$370,037
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