808 S 1st St
Las Vegas, NV 89101
Retail Property For Sale

Exceptional Investment Opportunity on Main Street, Downtown Las Vegas
Welcome to a premier commercial real estate opportunity in the heart of Downtown Las Vegas, where revitalization and growth are transforming Main Street into a bustling hub of commerce and culture. This strategically located property offers a unique blend of immediate income potential and future development prospects, making it an ideal investment for savvy buyers looking to capitalize on the city’s dynamic redevelopment. With an existing 1,860-square-foot restaurant building fully leased and approved plans for a 1,701-square-foot bar/lounge, this property is poised to deliver both stability and significant upside in one of the most exciting markets in Las Vegas.
The cornerstone of this offering is the 1,860-square-foot restaurant building, currently occupied by a dedicated tenant who is prepared to sign a new lease upon the closing of the sale. This ensures a seamless transition for the new owner, with immediate rental income from a proven business in a prime location. The restaurant space is well-suited for the vibrant dining scene that Downtown Las Vegas is known for, drawing both locals and tourists to its thriving Main Street corridor. The existing tenant’s commitment to a new lease underscores the property’s appeal and provides a stable foundation for long-term returns.
Adding to the property’s allure are fully approved plans for a second building, a 1,701-square-foot space designed to house a stylish bar/lounge. This proposed development has already attracted significant interest from multiple prospective tenants eager to secure a lease, reflecting the high demand for unique entertainment venues in this rapidly growing area. The planned bar/lounge is perfectly positioned to complement the existing restaurant, creating a synergistic mix of dining and nightlife that will enhance the property’s overall value and draw even more foot traffic to the site. With the groundwork already laid, the new owner can move forward with construction and leasing to unlock additional revenue streams.
Situated on Main Street, this property is at the epicenter of Downtown Las Vegas’s redevelopment boom. The area is undergoing a remarkable transformation, with new businesses, residential projects, and cultural attractions driving unprecedented growth. Main Street’s vibrant energy, eclectic mix of dining and entertainment options, and proximity to iconic landmarks make it a magnet for visitors and residents alike. The property’s prime location ensures high visibility and accessibility, with steady foot and vehicle traffic fueling its commercial potential. As Downtown Las Vegas continues to evolve into a premier destination, this property offers a rare chance to own a piece of its future.
This turnkey investment combines the security of an existing, income-generating tenant with the exciting potential of a pre-approved development project. The combination of a 1,860-square-foot restaurant with a committed tenant and a 1,701-square-foot bar/lounge with eager prospective lessees positions this property as a standout opportunity in a competitive market. Whether you’re an experienced investor seeking a diversified portfolio asset or a visionary entrepreneur looking to shape the next chapter of Downtown Las Vegas, this property delivers unmatched potential. Don’t miss your chance to own a slice of one of the city’s most dynamic and rapidly appreciating districts—schedule a private tour today to explore this exceptional investment!