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    201 Las Vegas Blvd Las Vegas, NV 89101

    Sponsored
    For Lease
    $40 SF/Yr

    10,000+ sq ft Restaurant, Rooftop Patio, Prime Location

    Lot size:
    10,103 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional restaurant opportunity is located at 201 S. Las Vegas Blvd., Las Vegas, NV 89101, in a historically significant building constructed in 1975 by renowned architects Walter Zick & Howard Sharp. The property, formerly the Nevada Savings and Loan Association Building, enjoys a prominent corner location at Las Vegas Boulevard and Carson Avenue, just a block south of Fremont Street. Currently undergoing renovations slated for completion in early 2024, this 10,103 square foot space offers a unique blend of history and modern potential. A key feature is the available rooftop restaurant/bar space, complete with a retractable roof, providing stunning views and versatile outdoor dining options. The multiple tenancy structure presents a flexible layout adaptable to various restaurant concepts. This prime location in the heart of Downtown Las Vegas offers unparalleled access to foot traffic and significant tourism. The property is situated in Clark County and presents a rare chance to establish a thriving business within a landmark building undergoing revitalization. This is an exceptional opportunity for a discerning restaurateur seeking a high-profile location with significant historical significance and modern amenities.

    Property Features for 201 Las Vegas Blvd

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    10,103 SF

    Unit(s) available at that property

    Space
    Rooftop Restaurant
    Size
    10,103 SF
    Rate per SF
    $40

    HighLights

    • 10,103 square foot restaurant space at 201 S. Las Vegas Blvd., Las Vegas, NV 89101.
    • Prominent corner location at Las Vegas Blvd. and Carson Ave., one block south of Fremont Street.
    • Renovations complete early 2024.
    • Features a rooftop restaurant/bar with retractable roof and stunning views.
    • Multiple tenancy structure offers flexible layout.
    • Prime Downtown Las Vegas location with high foot traffic and tourism.
    Property Profile Location Intelligence

    Current Use by Public Records

    Abe Froman Productions Video Production Service Caruso Law Offices Law Firm Las Vegas Web ... Website Designer Patroleum Security Service Trustworthy Janitorial Service, ... Janitorial Service

    Suggested Use

    Realty agency Restaurant Spa & Massage Hair Salon Dental Office Nail Salon Building Supply Law Firm Gym & Fitness Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Las Vegas
    County
    Clark
    State
    Nevada
    Longitude
    -115.1411597
    Latitude
    36.1676749

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    FAQs

    What type of property is this?
    Restaurant - 10,000+ sq ft Restaurant, Rooftop Patio, Prime Location
    Where is this restaurant located?
    The property is located at 201 Las Vegas Blvd Las Vegas, NV.
    What is the lease rate?
    The lease rate is $40 SF/Yr.
    What are key features of this property?
    This property features: 10,103 square foot restaurant space at 201 S. Las Vegas Blvd., Las Vegas, NV 89101.; Prominent corner location at Las Vegas Blvd. and Carson Ave., one block south of Fremont Street.; Renovations complete early 2024.
    Request Owner's contact information
    201 Las Vegas Blvd Las Vegas, NV 89101
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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
    201 Las Vegas Blvd Las Vegas, NV 89101
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