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    616 Carson Ave Las Vegas, NV 89101

    For Lease
    $48 SF/Yr

    Prime Downtown Las Vegas location. 2,000 SF available.

    Lot size:
    8,586 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional retail opportunity presents a 2,000 square foot in-line space within a vibrant multi-tenant building situated in Las Vegas's Fremont East Entertainment District. The property, located at 616 E. Carson Ave., at the corner of E. Carson Ave. and S. 7th St., boasts high visibility along a major thoroughfare. The building itself totals 8,586 square feet and sits on a 0.25-acre lot. Constructed in 1955, this single-story building offers a unique chance to establish a business in a thriving entertainment hub. The property's T6-UC zoning allows for a variety of uses, making it suitable for a range of retail concepts. Its proximity to the I-15 freeway provides easy access to the Las Vegas Strip and Harry Reid International Airport, ensuring excellent accessibility for both employees and customers. The surrounding area is characterized by a lively mix of entertainment venues, hotels, casinos, bars, and restaurants, creating a dynamic and attractive environment for businesses. The available space is ideal for a restaurant or similar establishment seeking a high-traffic location within a bustling district. The property's APN is 139-34-611-024.

    Property Features for 616 Carson Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    8,586 SF
    Total Rate
    34344

    Building Details

    Year Built
    1955
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Available Space 2
    Size
    2,000 SF
    Rate per SF
    $48

    HighLights

    • 2,000 SF in‑line retail space available in Fremont East Entertainment District, high visibility on E. Carson Ave.
    • Rare 0.25‑acre multi‑tenant retail building in Downtown Las Vegas.
    • High‑visibility retail space in the vibrant Fremont East Entertainment District.
    • Excellent freeway access via I‑15, close to the Las Vegas Strip and Harry Reid International Airport.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    A Cut Above the Rest Barber Shop 7th & Carson American Restaurant

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Food Market Clothing Store Grocery Store Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.13953372009
    Latitude
    36.167252695509

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    FAQs

    What type of property is this?
    Retail property - Prime Downtown Las Vegas location. 2,000 SF available.
    Where is this retail property located?
    The property is located at 616 Carson Ave Las Vegas, NV.
    What is the lease rate?
    The lease rate is $48 SF/Yr.
    What are key features of this property?
    This property features: 2,000 SF in-line retail space available in Fremont East Entertainment District, high visibility on E. Carson Ave.; Rare 0.25-acre multi-tenant retail building in Downtown Las Vegas.; High-visibility retail space in the vibrant Fremont East Entertainment District.
    Request Owner's contact information
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    Las Vegas, NV 89101
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    616 Carson Ave Las Vegas, NV 89101
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