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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1613-1619 Fremont St Las Vegas, NV 89101

5,260 SF 0.58 ac lot Built 1943
Property ID
Property summary
AI-generated overview

This exceptional 5,260 square foot storefront retail property, located at 1613-1619 E Fremont St in Las Vegas, Nevada, presents a lucrative investment opportunity. Built in 1943 and extensively renovated in 2020, the single-story building sits on a 0.58-acre lot and boasts a strong net operating income (NOI) of $60,000 annually. The property is zoned T4-Z and comprises five individual units, currently generating approximately $5,000 in monthly income. Four of the five tenants are on month-to-month leases, offering flexibility for future development. The asking price is $1,699,999, translating to a price per square foot of $323.19. Its prime location on Fremont Street ensures high visibility and significant foot traffic, making it an ideal investment for discerning buyers seeking a strong return on investment in a vibrant and dynamic urban setting. This property offers a unique blend of established income and significant upside potential. The building's recent renovation ensures modern amenities and functionality, while its historical context adds to its unique character. This is a rare opportunity to acquire a well-performing retail property in a highly sought-after Las Vegas location.

Property profile
Verified
Property type Retail properties & Spaces
Year built 1943
Total area 5,260 SF
Lot 0.58 ac (25,265 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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