201 Las Vegas Blvd Las Vegas, NV 89101
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.