Turnkey Full-Service Bar &
808 820 826 832 838 W Lake Mead Blvd. Las Vegas, NV 89106
808 820 826 832 838 W Lake Mead Blvd., Las Vegas, NV, 89106
$1,950,000
For Sale
$1,950,000
Renovated restaurant/bar building with commercial kitchen, dining area, and open entertainment space at a major Westside intersection.
Property Size5,589 SF
Price / SF$348.90
Days on Market41
Property Features for 808 820 826 832 838 W Lake Mead Blvd.
General Information
- Standard status
- Active
- Size
- 5,589 SF
- Property subtype
- Other
Building Details
- Year Built
- 1964
Listing agency
SVN | The Equity Group
(702) 369-4811
Listed by
Paul Chaffee, CCIM · License #1000874
Source
Commercialcafe
Added: Jun 12 Updated: Jul 22 at 9:29AM Checked: Jul 22 at 9:29AM
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 SVN | The Equity Group
Investment Insights
Based on property information with market context.
This turnkey hospitality property consists of a 5,589 SF building originally built in 1964 and renovated in 2020. The space is fully improved with a full-service bar, commercial kitchen, dining area, and open entertainment space, designed for ready-to-operate hospitality concepts.
The property is located at the busy intersection of Lake Mead Blvd. and Revere St. on the Las Vegas Westside, surrounded by national retailers. It also provides direct access to the I-15 Freeway. The offering is zoned C-1.
Multiple street addresses are included (808, 820, 826, 832, and 838 W. Lake Mead Blvd.), making this a single, consolidated hospitality investment with an operating-oriented interior configuration.
The property is located at the busy intersection of Lake Mead Blvd. and Revere St. on the Las Vegas Westside, surrounded by national retailers. It also provides direct access to the I-15 Freeway. The offering is zoned C-1.
Multiple street addresses are included (808, 820, 826, 832, and 838 W. Lake Mead Blvd.), making this a single, consolidated hospitality investment with an operating-oriented interior configuration.
Key Highlights
- 5,589 SF restaurant/bar building built in 1964 and renovated in 2020
- Full‑service bar, commercial kitchen, dining area, and open entertainment space
- Zoned C‑1
Local Financial Insights For Specialty 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 | $191.1k | $34.20 |
| − Vacancy | −$10.9k | −$1.95 |
| EGI | $180.2k | $32.25 |
| − OpEx | −$45.1k | −$8.06 |
| NOI | $135.2k | $24.19 |
5,589 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.93M
$1.69M – $2.25M
NOI $135,186 @ 7.0% cap · market cap 6.93%
Second Best
Industrial
$474.3K
$415.0K – $553.4K
NOI $33,201 @ 7.0% cap · market cap 1.70%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
West Side Oasis
Bar & Pub
Seven Seas Restaurant ...
Restaurant
Similar For Sale Nearby
Similar Off Market Nearby
- West Side Oasis — 808 W Lake Mead Blvd, Las Vegas, NV 89106
- Jam Down Hookah Lounge — 1012 W Owens Ave, Las Vegas, NV 89106
FAQs
What type of property is this?
Bar & Pub - Renovated restaurant/bar building with commercial kitchen, dining area, and open entertainment space at a major Westside intersection.
Where is this bar & pub located?
The property is located at 808 820 826 832 838 W Lake Mead Blvd. Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 5,589 SF restaurant/bar building built in 1964 and renovated in 2020; Full‑service bar, commercial kitchen, dining area, and open entertainment space; Zoned C‑1
