919 E Bonneville Ave - Loft/Creative Space FOR SALE


Las Vegas, NV 89101- Downtown Las Vegas
$1,250,000 USD
702-660-7770
919 E Bonneville Ave, Las Vegas, NV for Sale
$1,250,000 USD
Loft/Creative Space - FOR SALE
1/27
null | Request Cap Rate

919 E Bonneville Ave
Las Vegas, NV 89101
Downtown Las Vegas


HIGHLIGHTS

  • Council-Approved R-4 Zoning: Legally supports high-density multi-family development up to 50 dwelling units per acre
  • Approved 5-Foot Front Setback Waiver: City Council approved reducing the front yard setback from 10 feet to 5 feet. Expands your structural footprint
  • Corner Lot Visibility: Premium positioning at E Bonneville Ave and S 10th St maximizes street presence
  • 22-Unit Maximum Zoning Capacity: Approved R-4 parameters allow for maximum high-density urban infill up to 50 doors per acre
  • Phased Build Flexibility: Two existing structures allow for a multi-stage construction rollout
  • Walkable Urban Location: Features an exceptional Walk Score of 80 within the historic Downtown Las Vegas Founders and Fremont East District

OVERVIEW

ENTITLEMENT RISK ELIMINATED. Skip 6 months of planning commission, public hearings, and political uncertainty. This premium Downtown Las Vegas corner parcel was officially rezoned by City Council to R-4 High-Density Residential. The approval includes a crucial front-yard setback waiver down to 5 feet, expanding your building envelope depth and maximizing your buildable footprint from Day 1. Located on the high-visibility corner of E Bonneville Ave and S 10th St, this parcel is situated directly in the path of progress within the Downtown Las Vegas Revitalization corridor. It is walking distance to major RTC transit lines, the Fremont East Entertainment District, Federal Courthouses, and local downtown employment hubs. The rezoning to R-4 (High Density Residential) provides by right development opportunities for high demand uses including multifamily residential, townhouses, duplexes, single family attached and detached homes, senior citizen apartments, hospice, individual care family homes (child & adult), home occupations, and more. Buyer and buyer's broker to verify all.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$236 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

DEVELOPER OPPORTUNITY | SHOVEL-READY SITE

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1949

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

R-4

APN/PARCEL ID

139-34-810-093

ASK ABOUT THIS PROPERTY

Ricardo E JassoMega Broker LLCMore Info
702-660-7770

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Ricardo E JassoMega Broker LLCMore Info
702-660-7770

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