229 Las Vegas Blvd Las Vegas, NV 89101
- Office buildings
- 8,500 SF
- 0.16 lot acres
Current Use by Public Records
- Social Commerce / Coworking Space
- Channel Key / Marketing Agency
- Legal Resource Group / Legal Services
- Beckstead Law Offices / Attorney
Property Details for 229 Las Vegas Blvd
- Year built
- 1959
- Construction
- MASONRY/CONCRETE MASONRY UNITS (CMUS)
- Lot size
- 0.16 lot acres
- Property size
- 8,500 SF
- Property type
- Office buildings
- APN
- 139-34-611-048
- APU
- 13934611048
Description
This exceptional 8,525 square foot, two-story Class B office building, located at 229 Las Vegas Blvd S, Las Vegas, NV 89101, presents a unique investment opportunity. Built in 1959 and extensively renovated in 2019, the property boasts a modern interior with multiple secured offices, support offices, and bullpen areas on both floors. Amenities include four restrooms, two large and two small conference rooms, and two breakrooms. The building is fully furnished and ready for immediate occupancy. Situated on a 0.16-acre lot (APN 139-34-611-048), this property is zoned C-2 and offers excellent growth potential. Its prime downtown location provides easy access to the Federal Courthouse, banks, the US Post Office, and numerous other businesses. The building features a masonry exterior with a white brick frontage. The asking price is $3,195,000, representing a price per square foot of $374.78 and a price per unit of $1,597,500. This is a rare opportunity to acquire a fully furnished, turn-key office building in the heart of Las Vegas.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Las Vegas
- County
- Clark
- State
- Nevada
- Longitude
- -115.142
- Latitude
- 36.167
- CBSA code
- 29820
- CBSA name
- LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA