Prime Retail Building Near
1700 South Main Street Las Vegas, NV 89104
1700 South Main Street, Las Vegas, NV, 89104
$7,999,999
For Sale
$7,999,999
Retail building near the Las Vegas Strip and Arts District.
Property Size11,500 SF
Price / SF$695.65
Days on Market242
Property Features for 1700 South Main Street
General Information
- Standard status
- Active
- Size
- 11,500 SF
- Property subtype
- Retail
Building Details
- Year Built
- 1964
Listing agency
(518) 859-9337
Listed by
Nolan Julseth-White, CCIM · License #NV #BS.0146060.LLC
(518) 859-9337
Source
Svn
Added: Nov 21, 2025 Updated: Jul 6 at 9:01AM Checked: Jul 21 at 6:22AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Nolan Julseth-White, CCIM
Investment Insights
Based on property information with market context.
Located in Las Vegas, near the Las Vegas Strip, the property at 1700 S Main Street features an approximately 11,500 square foot retail building on a 0.97-acre lot. Situated only 400 feet from the Strip and at the entrance to the Las Vegas Arts District, the property offers visibility. It is located in Downtown Las Vegas, near the Arts District and Brewery Row. The property is surrounded by tourist and local community traffic. The property is highly secure, featuring a fenced lot, an approximately 350 square foot vault, and roll-up security doors. Pylon signage is available. The property is located in an Opportunity Zone and the Area 1 Redevelopment Zone for the City of Las Vegas.
Key Highlights
- Prime location just 400 feet from the Las Vegas Strip.
- Located at the entrance to the Las Vegas Arts District & Brewery Row.
- Situated on a 0.97‑acre lot with a ±11,500 SF retail building.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $393.3k | $34.20 |
| − Vacancy | −$22.4k | −$1.95 |
| EGI | $370.9k | $32.25 |
| − OpEx | −$111.3k | −$9.68 |
| NOI | $259.6k | $22.58 |
11,500 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$3.71M
$3.25M – $4.33M
NOI $259,617 @ 7.0% cap · market cap 3.25%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.97M
$3.48M – $4.64M
NOI $278,161 @ 7.0% cap · market cap 3.48%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Paramont Vending of Nevada
Big Box & Wholesale Store
Nevada Insurance Services
Insurance Agency
Passport In 24 Hours
Photography Service
SuperPawn
Discount Store
MEXICO PLATES OR GRINGO ...
Insurance Agency
Similar For Sale Nearby
Similar Off Market Nearby
- The flower house LV — 549 E Sahara Ave #104, Las Vegas, NV 89104
- Blooming Memory — Winchester, NV 89109
- Paola Flowers — 549 e sahara ave #104, las vegas, nv 89104
- Flowers and Gift Boxes — 2405 S Industrial Rd, Las Vegas, NV 89102
- Flora Couture — 2404 Western Ave Ste. A, Las Vegas, NV 89102
FAQs
What type of property is this?
Storefront property - Retail building near the Las Vegas Strip and Arts District.
Where is this storefront property located?
The property is located at 1700 South Main Street Las Vegas, NV.
What is the asking price?
The asking price for this property is $7,999,999.
What are key features of this property?
This property features: Prime location just 400 feet from the Las Vegas Strip.; Located at the entrance to the Las Vegas Arts District & Brewery Row.; Situated on a 0.97‑acre lot with a ±11,500 SF retail building.
