325 S 3rd St - Office FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$2,600,000 USD
310-488-1789
325 S 3rd St, Las Vegas, NV for Sale
$2,600,000 USD
Office - FOR SALE
1/4
null | Request Cap Rate

NEW


325 S 3rd St
Las Vegas, NV 89101
Downtown Las Vegas


OVERVIEW

EXECUTIVE SUMMARY Centennial Advisers presents The Barrister Building, an exceptional value-add acquisition opportunity located in the heart of Las Vegas’ most prestigious legal corridor. This 6,800 SF mixed-use property at 325 S. 3rd Street is 100% vacant, offering unmatched f|exibility for owner-users and investors alike. The two-story structure features 4,600 SF of leasable space across 13 f|exible suites, providing the perfect opportunity for law {rms or professionals seeking a presence in Las Vegas’ thriving legal hub. The property’s prime location, directly across from the Las Vegas Justice Court and within walking distance of the Regional Justice Center, Clark County Government Center, and other major government buildings, offers unparalleled convenience for law firms and legal professionals. The building’s corner exposure on S. 3rd Street and Lewis Avenue ensures exceptional brand visibility and high foot traffic from attorneys, clients, and court personnel daily. The property is offered at $2,600,000, with a price per SF of $371. This presents an excellent opportunity to acquire an asset in a district with limited office supply, supported by a government employment base and strong demand from legal professionals. The proforma income potential exceeds $150,000 annually at market rents, significantly higher than the previous rent roll of $100,260. This vacant condition allows for immediate customization without tenant negotiations or buyouts, making it ideal for owner-users looking to design their ideal legal office or investors seeking to reposition the property to market rates. The Barrister Building provides complete f|exibility to reconfigure space, create signature office environments, and capitalize on its strategic location in the Downtown Las Vegas redevelopment district.

FOR SALE DETAILS

PRICE

$2,600,000 USD

PRICE/SF

$361 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Barrister Building

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

C

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.16 AC

LAND SF

6,970 SF

ZONING

C-2, Las Vegas

APN/PARCEL ID

139-34-210-073

ASK ABOUT THIS PROPERTY

Tom WatkinsCentennial AdvisersMore Info
310-488-1789

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Tom WatkinsCentennial AdvisersMore Info
310-488-1789

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