404 Maryland Pkwy Las Vegas, NV 89101

Property Details for 404 Maryland Pkwy

Year built

1953

Lot size

0.55 lot acres

Property size

2,828 SF

Property type

Commercial real estate

APN

139-34-811-042, 139-34-811-043, 139-34-811-044

Description

This exceptional investment opportunity presents a 2,828 square foot office building situated on three contiguous parcels totaling 0.55 acres in the heart of Downtown Las Vegas. Built in 1953, the property boasts abundant parking and is ideally located on the corner of Lewis Avenue and Maryland Parkway, offering excellent visibility and convenient access to major freeways (I-15 and US-95). The R-4 zoning permits apartment residential development, making this a prime site for future multi-family construction. The existing office building provides immediate income potential, while the land's zoning and location offer significant long-term development upside. This property is minutes from the Las Vegas Medical District, Fremont East Entertainment District, and major cultural attractions, ensuring high visibility and proximity to a thriving urban environment. The property's APN is 139-34-811-042, 139-34-811-043, and 139-34-811-044. The asking price is $1,250,000, with an occupancy date of September 4, 2024. This is a rare chance to acquire a strategically positioned asset in a rapidly developing area of Las Vegas.