Downtown Office Building with
For Sale
Contact for pricing
317 S 6th St, Las Vegas, NV 89101
A two-story workplace offers private offices, collaborative areas, dedicated support rooms, and outdoor spaces with Strip and mountain views.
Property Size10,824 SF
Price / SF$207.87
Days on Market11
Property Features for 317 S 6th St
General Information
Standard status
Active
Size
10,824 SF
Total Parking Spaces
21
Property subtype
OFFICE
Site & Location
Neighborhood
Las Vegas Boulevard Overlay District
Highway Access
Yes
Additional Details
Opportunity Zone
Yes
Property Use
Office
Building Details
Buildings
1
Stories
2
Building Size
10,824 SF
Construction
brick
Listing Agency:
Lindsey Butler Real Estate
(702) 823-3600
Listed By:
Lindsey Butler · License #175279.LLC
(702) 883-4393
Source:
Moodyscre
Added: Oct 15
Changed: Oct 24
Last Checked: Oct 24 at 2:34PM
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 Lindsey Butler Real Estate
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Investment Insights
Based on property information with market context.
This vacant, two-story office building contains approximately 10,824 square feet. Its layout includes a reception area, 9 private offices, 2 conference or training rooms, open bullpen workspaces, 2 kitchens, IT and copy rooms, and 3 restrooms. Additional features include a separate shower, a washer and dryer closet, four skylights, three stairwells, and a small goods lift. Six balcony access points open to outdoor areas with views of the Las Vegas Strip and mountains.
Parking totals 21 dedicated spaces: a 7-space garage with separate entry and exit points, 6 covered spaces at the rear, and 8 uncovered spaces at the front. Two EV chargers and street parking are also available. The property is in Downtown Las Vegas, near the federal courthouse, government offices, restaurants, entertainment, and the Fremont Street district, with access to I-15 and US-95.
Parking totals 21 dedicated spaces: a 7-space garage with separate entry and exit points, 6 covered spaces at the rear, and 8 uncovered spaces at the front. Two EV chargers and street parking are also available. The property is in Downtown Las Vegas, near the federal courthouse, government offices, restaurants, entertainment, and the Fremont Street district, with access to I-15 and US-95.
Key Highlights
- Approximately 10,824 SF across two stories
- Office plan includes 9 private offices, 2 conference/training rooms, and open bullpen workspaces
- 21 dedicated parking spaces, plus street parking and 2 EV chargers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$166,581
Cap Rate
7.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,331,620
$3.3M
Cap Rate 7%
$2,379,729
$2.4M
Cap Rate 9%
$1,850,900
$1.9M
Market Conditions
NOI Build-Up for 10,824 SF
Gross rent
$259.8K $24.00/SF
− Vacancy
−$37.7K −$3.48/SF
EGI
$222.1K $20.52/SF
− OpEx
−$55.5K −$5.13/SF
NOI
$166.6K $15.39/SF
Area
Las Vegas, NV
Vacancy
14.50%
Lease Rate
$24.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,331,620
Cap Rate 7%
$2,379,729
Cap Rate 9%
$1,850,900
Alternative Uses
Best Use
Office B
$2.38M
$2.08M – $2.78M
NOI $166,581 @ 7.0% cap · market cap 7.40%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$3.74M
$3.27M – $4.36M
NOI $261,810 @ 7.0% cap · market cap 11.64%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,496
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Office in Las Vegas, NV
Frequently Asked Questions
What type of property is this?
Office building - A two-story workplace offers private offices, collaborative areas, dedicated support rooms, and outdoor spaces with Strip and mountain views.
Where is this office building located?
The property is located at 317 S 6th St Las Vegas, NV.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: Approximately 10,824 SF across two stories; Office plan includes 9 private offices, 2 conference/training rooms, and open bullpen workspaces; 21 dedicated parking spaces, plus street parking and 2 EV chargers
