1590 E Flamingo Rd - Restaurant FOR SALE


Las Vegas, NV 89119- Paradise Palms
$2,500,000 USD
702-340-9490
1590 E Flamingo Rd, Las Vegas, NV for Sale
$2,500,000 USD
Restaurant - FOR SALE
1/11
null | Request Cap Rate

NEW


1590 E Flamingo Rd
Las Vegas, NV 89119
Paradise Palms


HIGHLIGHTS

  • Owner-User or Investor Opportunity: Fee simple freestanding tavern/restaurant; fully vacant and ready for renovation or occupancy.
  • Value-Add Potential: Full kitchen, bar, dining areas, and patio; ideal for gaming tavern, sports bar, or restaurant concepts.
  • Restricted Gaming Eligible: Previously operated with 15-machine restricted license—rare and highly sought after.
  • Prime Central Location: Strong visibility off Flamingo Rd. with ±41,500 CPD; near UNLV and the Strip.
  • Strong Demographics: ±438K population and ±$76K average income within 5 miles.
  • Ample Parking: ±0.55 acres with 32+ spaces and cross-parking.

OVERVIEW

The Vincent Advisory Group of LOGIC Commercial Real Estate is pleased to present the opportunity to acquire a former restaurant and tavern property at 1590 E. Flamingo Rd in Las Vegas, Nevada. The ± 4,791 SF freestanding building sits on ± 0.55 acres and features a full commercial kitchen, dining room, bar, and a covered patio. The property has been well maintained with recent capital improvements to the roof, parking lot, and HVAC systems. The previous business recently operated with a restricted gaming license for 15 machines, creating a rare value-add opportunity for a tavern operator or investor. Positioned in a densely populated infill area with over ± 438,737 residents within a five-mile radius, the site offers prime visibility along Flamingo Rd. with traffic counts of ± 41,500 CPD. Its central Las Vegas Valley location near the Resort Corridor within the university retail district places it within close proximity to UNLV, the Las Vegas Strip, and Thomas & Mack Center. We invite you to learn more about this exciting opportunity!

FOR SALE DETAILS

PRICE

$2,500,000 USD

PRICE/SF

$522 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Vacant Freestanding Tavern

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Bar, Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1968

SPRINKLERS

-

PARKING SPACES

14

LAND DETAILS

LAND ACRES

0.55 AC

LAND SF

23,958 SF

ZONING

Commercial General (CG)

APN/PARCEL ID

162-14-411-008

ASK ABOUT THIS PROPERTY

Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

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Gino VincentLogic Commercial Real EstateMore Info
702-340-9490

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