228 S 4th St Las Vegas, NV 89101

Located in the heart of Downtown Las Vegas, the property at 228 South 4th Street is a three-story professional office building with approximately 13,852 square feet of space. The building is currently 70% occupied, with a concentration of law firms. The second floor has been recently renovated and features upgraded finishes. The property offers optionality for a future owner, as the seller is an existing tenant and has expressed that the length of their lease term can be amended or terminated. A business owner has the opportunity to occupy the existing vacant suite or the seller’s suite and benefit from the additional income generated from the existing tenancy. An investor can also enjoy the benefits of owning this asset as an income-producing investment. There is also an opportunity for a developer to reposition and redevelop the parcel, capitalizing on the proximity to the Fremont Street Experience. Ownership previously designed plans for a 23-story, approximately 405,500 square foot boutique hotel. The architectural appeal of this building is its classic 1960’s design. The grounds are in excellent condition with attractive interior finishes and balconies on the second floor. The second floor’s access to outdoor balconies provides natural ambient lighting.