320 3rd St Las Vegas, NV 89101-6002
- Office buildings
- 4,000 SF
- 0.17 lot acres
Dec 20, 2024
Current Use by Public Records
- Vegas Wedding Chapel / Wedding Venue / Wedding Dress Rental Service
- Downtown Artistic Floral / Florist
Property Details for 320 3rd St
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.17 lot acres
- Property size
- 4,000 SF
- Property type
- Office buildings
- APN
- 139-34-210-060
- APU
- 13934210060
Description
This exceptional 4,200 square-foot storefront, located at 320 S. 3rd St. in Las Vegas, NV, presents a compelling owner-user opportunity. Situated on a 0.17-acre lot with secured parking, this single-story building, constructed in 1959, benefits from a CG (Commercial General) zoning designation. Its prime location, just three blocks from the Fremont Street Experience, ensures high visibility and foot traffic within a densely populated area – approximately 531,062 residents live within a 5-mile radius. The property's central location offers easy access to Las Vegas' vibrant downtown entertainment district, making it ideal for a variety of retail uses. The property's APN is 139-34-210-060. This is a vacant building, offering a blank canvas for a new business or an investor seeking to capitalize on the area's growth potential. The asking price is $1,260,000. The property's location within an Opportunity Zone provides potential tax advantages for investors. Nevada's status as an income tax-free state further enhances its investment appeal. This is a rare chance to acquire a well-positioned retail property in the heart of Downtown Las Vegas.
Value Estimations
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CAP approach
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Comparable approach
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Alternative Use
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Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.145
- Latitude
- 36.1673
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA