Share This Listing

Message

949 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the brokers for more information about this property

Investment Highlights

  • Two Buildings, One Site, Shared Parking
  • Flexible CG Zoning and “Office Conversion” Potential
  • Owner-user or investor opportunity | Stabilized Income From 20 Below Smoke and Vape

Executive Summary

This for sale by owners offering presents a unique opportunity to acquire a two-building commercial site with shared parking and a built in “income plus upside” structure. The front building at 2730 S Maryland Parkway is currently leased to 20 Below Smoke and Vape, providing immediate cash flow from day one. The rear building at 1235 Laguna Avenue will be delivered vacant at closing, allowing a buyer to create additional value through lease up or immediate owner user occupancy.
The most compelling strategy is for an owner user to operate their business in the rear building while collecting income from the front smoke shop tenant. This structure can significantly reduce a buyer’s effective occupancy cost and creates a blended investment profile that appeals to both operators and investors.
For an investor, the plan is equally clear: maintain the existing smoke shop lease and add a second income stream by leasing the rear building to a compatible user. The rear structure has historically operated as a commercial use and is zoned CG, supporting a broad range of office and service-oriented tenant profiles subject to buyer due diligence.
In summary, this is a relatively low basis, two building commercial property with in place income and a clean value add path through rear building occupancy or lease up. The asset offers flexibility, yield enhancement potential, and multiple exit strategies once stabilized.

Property Facts

Price $1,350,000
Price / SF $465.52 / SF
Sale Condition 1031 Exchange
Sale Type Investment
Status Active
Number of Properties 2
Individually For Sale 0
Total Building Size 2,900 SF
Total Land Area 0.35 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
2730 S Maryland Pky, Las Vegas, NV 89109 Retail 1,650 SF 2016 -
1235 Laguna Ave, Las Vegas, NV 89169 Retail 1,250 SF 1963 -
Show More > < Show Less
  • Listing ID: 40481922

  • Date on Market: 5/11/2026

  • Last Updated:

  • Address: Maryland Parkway ST Portfolio, Las Vegas, NV

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}