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Three-Story Professional Office Building
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228 south 4th street, Las Vegas, NV 89101

A downtown office asset with 96% occupancy, law firm tenancy, and on-site parking.

Property SizeContact for details
Days on Market144

Property Features for 228 south 4th street

General Information

Standard status Active
Property subtype Office
Listing Agency: Cushman & Wakefield - Las Vegas, Nevada
Listed By: Marlene Fujita · License #S.0054013
Source: Crexi
Added: Apr 10 Changed: Aug 29 Last Checked: Aug 29 at 4:59PM

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 Cushman & Wakefield - Las Vegas, Nevada

Investment Insights

Based on property information with market context.

The three-story professional office building at 228 South 4th Street contains 13,852 square feet and dates to the 1960s. It is 96% occupied by law firm tenants, including Hofland & Tomsheck, Sullivan Hill, Dennie Law Offices, and The Law Offices of Benjamin Nadig, CHTD. Second-floor balconies add natural ambient light, while the property’s grounds and interior are maintained in attractive condition.

The property sits in downtown Las Vegas, one block west of Las Vegas Boulevard and two blocks south of Fremont Street. Its location places the building near the court systems, hotels, casinos, and dining options. On-site parking includes 39 spaces, providing a 2.82:1,000 SF ratio. Previously prepared plans for a 23-story, 405,500-square-foot boutique hotel are available to the purchaser.

Key Highlights

  • 13,852‑square‑foot, three‑story professional office building dating to the 1960s
  • 96% occupied by law firm tenants, including four identified legal practices
  • 39 on‑site parking spaces at a 2.82:1,000 SF ratio

Property Analytics

Current Use

The Law Offices of Benjamin ... Law Firm Hofland & Tomsheck Law Firm Hofland Bradley J Law Firm Dennie Law Offices Law Firm Cramer Law Firm Law Firm

Suggested Use

Top Pick Veterinary Clinic HVAC Service Building Supply Dental Office (Bike/Boat/Book/etc) Store Nursing Home

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

5,022
Businesses Nearby

Demographics for 89101, NV

42,465
Population
18,258
Households
2.3
Avg Household Size
35
Median Age
11%
College-Educated
66%
High-School Grad
5.4 sq mi
ZIP Area
7,864
Density / Sq Mi
$38,653
Median Household Income
$29,471
Median Earnings
$1,008
Median Rent
$258,100
Median Home Value

Market

Vacancy Rate% for Office in Las Vegas, NV

13.3% 2019
13% 2020
11.7% 2021
13.3% 2022
13.8% 2023
14.1% 2024
13% 2025
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Frequently Asked Questions

What type of property is this?
Office building - A downtown office asset with 96% occupancy, law firm tenancy, and on-site parking.
Where is this office building located?
The property is located at 228 south 4th street Las Vegas, NV.
What are key features of this property?
This property features: 13,852‑square‑foot, three‑story professional office building dating to the 1960s; 96% occupied by law firm tenants, including four identified legal practices; 39 on‑site parking spaces at a 2.82:1,000 SF ratio
(702) 796-7900 Call to check price and availability
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