101-107 E Charleston Blvd - Storefront FOR SALE


Las Vegas, NV 89104- Arts District
$9,485,000 USD
702-460-5851
101-107 E Charleston Blvd, Las Vegas, NV for Sale
$9,485,000 USD
Storefront - FOR SALE
1/12
null | Request Cap Rate

101-107 E Charleston Blvd
Las Vegas, NV 89104
Arts District


HIGHLIGHTS

  • Biggest Patio in Arts District
  • Center of it all
  • Owner User opportunity

OVERVIEW

The biggest ourdoor patio in the Arts Distict, The Arts Factory sits at the heart of the Las Vegas Arts District and is one of Downtown’s most recognizable and visible properties. The property is surrounded by convenient parking, walkable restaurants and retail, and The English Hotel, the Arts District’s only boutique hotel, managed by Marriott. The neighborhood continues to grow, with Gemma adding 337 apartments and The Myles adding another 311 units. The property is also located just south of Symphony Park, where more than 1,200 new residences and the new 441-room AC Hotel and Element Hotel now open, and just east of the Las Vegas Medical District. The Arts Factory already generates strong income, with significant opportunity for a new owner to build on what’s in place. Few properties offer this combination of location, visibility, character, and long-term upside. Ask us about potential City of Las Vegas incentives.

FOR SALE DETAILS

PRICE

$9,485,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Arts Factory- THE HEART OF THE ARTS DISTRICT

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Bar, Restaurant, Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1947

SPRINKLERS

-

PARKING SPACES

18

LAND DETAILS

LAND ACRES

0.64 AC

LAND SF

27,878 SF

ZONING

C-2 with 18B Overlay

APN/PARCEL ID

139-33-801-021

ASK ABOUT THIS PROPERTY

John TippinsNorthCap MultifamilyMore Info
702-460-5851

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John TippinsNorthCap MultifamilyMore Info
702-460-5851

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.