812 Stewart Ave, Las Vegas, NV 89101

This is an opportunity to acquire approximately 0.36 acres zoned T5 Main Street (T5-MS) in Historic Downtown Las Vegas. The zoning allows flexibility for design and construction. The development is comprised of two contiguous parcels: 812 Stewart Avenue & 307 N. 9th Street, located at the northwest corner of 9th Street and Stewart Avenue. The site is easily accessible by two major freeways, U.S. 95 and I-15, along with S. Las Vegas Boulevard. The T5–Main Street zoning supports a high level of pedestrian activity and allows for a mix of uses, including residential, retail, office, and entertainment. The zoning allows for mid-rise buildings, which can range from three to five stories. Parking requirements are typically reduced compared to other areas to promote walking, cycling, and public transportation. The property is ideally located in Downtown Las Vegas, just north of the Fremont East Entertainment District. Demand for vacant parcels has been spurred by the revitalization and new projects in the Downtown area. These include Symphony Park, the Medical District, renovations and new casino developments, and the success of several high-rise mixed-use residential developments. The ACE Downtown Connector Project, partially operational, will allow a transit link between downtown Las Vegas and the resort corridor and is scheduled to be completed in early 2025.