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Investment Highlights
- Immediate access to I-15 and US-95, providing convenient connectivity throughout the Las Vegas Valley
- More than 12,000 employees, 6,000 hotel rooms, and 1,300 high-rise residential units within the immediate area
- Large patio area (2,000 SF)
- Street parking along Main Street and Commerce Street, with ingress and egress from both streets
- 12 on-site parking spaces for added convenience and accessibility
- Located within approximately 300 yards of the City of Las Vegas Civic Plaza, featuring two Class A mixed-use buildings totaling approximately 248,305
Executive Summary
Incredible intersection of Main and Commerce! This retail opportunity sits right where downtown Las Vegas comes together, steps from City Hall, the Fremont Street Experience, and Symphony Park, home to the Smith Center, the Discovery Children's Museum, and the Cleveland Clinic Lou Ruvo Center for Brain Health . It's positioned inside the 18b Arts District, now recognized as one of the fastest growing arts districts in the country, a walkable, creative neighborhood that national press has called downtown's antidote to the glitz of the Strip . Gemma, The Myles, Bria, and Capella have all recently opened as well, adding hundreds of new luxury units.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,127 SF
Building Class
B
Year Built
1988
Price
$3,500,000
Price Per SF
$491.09
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.47
Lot Size
0.35 AC
Zoning
C-M - Commercial Manufacturing. Zoning allows for a broad range of uses.
Parking
12 Spaces (1.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Pylon Sign
- Signage
- Monument Signage
Fairly walkable
50/100
Very drivable
80/100
Good public transit
60/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-34-310-005 | Improvements Assessment | $88,432 |
| Land Assessment | $213,444 | Total Assessment | $301,876 |
Property Taxes
Parcel Number
139-34-310-005
Land Assessment
$213,444
Improvements Assessment
$88,432
Total Assessment
$301,876
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