1512 East Fremont St Las Vegas, NV 89101
This exceptional 14,266-square-foot retail shopping center, located at 1512 E Fremont St, Las Vegas, NV 89101, presents a unique investment opportunity. Built in 1970, this single-story, 1-unit building sits on a 0.52-acre lot (APN 13935314002) and boasts over 100 feet of prime Fremont Street frontage, offering unparalleled visibility. Previously a theater and later a printing business, the property is zoned T4 and offers a multitude of potential uses, including retail, warehouse, office, showroom, or redevelopment. The building features one grade-level loading door and ample parking. Its location is highly desirable, within walking distance of Fremont Village and the Fremont Redevelopment District, and approximately 11.4 miles from the I-11 Freeway. This property represents a chance to own a piece of Las Vegas history with significant redevelopment potential in a vibrant and growing area. The asking price is $3,000,000. The property's rich history includes periods as a theater, bicycle shop, barber shop, and furniture store, before becoming the long-standing home of American Printing. The building underwent renovations in 1993.
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American Printing Marketing & Advertising Printing Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Risks
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