Zoned C-2 Retail
953 E Sahara Ave Las Vegas, NV 89109
For Sale
Contact for pricing
Renovated 3,000+ SF single-unit retail building with C-2 zoning and 100% occupancy.
Property Size3,000 SF
Price / SF$416.67
Days on Market332
Property Features for 953 E Sahara Ave
General Information
Standard status
Active
Size
3,000 SF
Property subtype
RETAIL
Listing Agency:
Coldwell Banker Commercial | Premier Realty
(702) 829-5042
Listed By:
Lance Hamrick · License #S.71654
Source:
Moodyscre
Added: Sep 2, 2025
Changed: Jul 26
Last Checked: Jul 29 at 12:58PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Commercial | Premier Realty
Investment Insights
Based on property information with market context.
This 3,000+ SF retail storefront property is improved as a single unit within a building originally built in 1968 and renovated in 2021. The asset is currently fully occupied at 100%, offering turnkey continuity for a buyer seeking an income-producing retail structure.
The property is located in the Las Vegas market area at 953 E Sahara Ave, Las Vegas, NV 89109, and is zoned C-2. This zoning classification supports retail use within the C-2 framework.
The offering consists of one unit in the building, providing a straightforward ownership structure and operations for tenants or owner-users aligned with retail zoning requirements.
The property is located in the Las Vegas market area at 953 E Sahara Ave, Las Vegas, NV 89109, and is zoned C-2. This zoning classification supports retail use within the C-2 framework.
The offering consists of one unit in the building, providing a straightforward ownership structure and operations for tenants or owner-users aligned with retail zoning requirements.
Key Highlights
- 3,000+/- SF single‑unit retail building
- Built in 1968 and renovated in 2021
- Zoned C‑2
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $102.6k | $34.20 |
| − Vacancy | −$5.8k | −$1.95 |
| EGI | $96.8k | $32.25 |
| − OpEx | −$29.0k | −$9.68 |
| NOI | $67.7k | $22.58 |
3,000 SF · lease $34.20/SF/yr · vacancy 5.70% · expense 30.00%
Alternative Uses
Best Use
Retail
$967.5K
$846.6K – $1.13M
NOI $67,726 @ 7.0% cap · market cap 5.42%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$1.04M
$907.1K – $1.21M
NOI $72,564 @ 7.0% cap · market cap 5.81%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Similar Off Market Nearby
- RME Floral Creative — 1140 Almond Tree Ln UNIT 305, Las Vegas, NV 89104
- The flower house LV — 549 E Sahara Ave #104, Las Vegas, NV 89104
- Blooming Memory — Winchester, NV 89109
- Paola Flowers — 549 e sahara ave #104, las vegas, nv 89104
- Bloomers Florist — 440 E Sahara Ave B, Las Vegas, NV 89104
Frequently Asked Questions
What type of property is this?
Storefront property - Renovated 3,000+ SF single-unit retail building with C-2 zoning and 100% occupancy.
Where is this storefront property located?
The property is located at 953 E Sahara Ave Las Vegas, NV.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: 3,000+/- SF single‑unit retail building; Built in 1968 and renovated in 2021; Zoned C‑2
