3015 E Fremont St, Las Vegas, NV 89104
For Sale
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This exceptional 8,479 square foot, single-tenant property at 3015 E Fremont St, Las Vegas, NV 89104, presents a lucrative investment opportunity. Currently operating as a thriving bar, restaurant, and live entertainment venue, it boasts a fully remodeled interior, including a state-of-the-art kitchen, sleek bar, and impressive entertainment features such as LED dance floors and atmospheric lighting. The property sits on a 2.02-acre lot with ample parking for 180 vehicles. Zoned EM/H-1, it offers diverse possibilities for continued operation as a multi-faceted entertainment destination or repurposing to suit a buyer's vision. The property is 100% occupied, with the current lease expiring October 1, 2024. Key features include renovated restrooms, a liquor license (transferable to the new owner), and a prime location just 2.5 miles from the Fremont Street Experience and 7.8 miles from McCarran International Airport. This stabilized Class B property is offered at $3,400,000 and is suitable for a 1031 exchange. The property's size, amenities, and location make it an ideal investment for owner-users or investors seeking a high-return asset in the vibrant Las Vegas entertainment district. The property includes a private upstairs party area with its own restroom overlooking the main club. The building is approximately 6,000 square feet.
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Imperio Restaurant Bar Nightclub Music Venue
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
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.