Property summary
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.
Property profile
VerifiedCap rate & NOI
Current use
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Coworking & Hybrid Office
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Advertising Agency Marketing & Advertising
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Law Firm
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Law Firm
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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