556 Eastern Ave Las Vegas, NV 89101
This exceptional restaurant opportunity in Las Vegas' Spring Valley submarket presents a unique chance to acquire an established business. Located at 556 N Eastern Ave, this property boasts a total building size of 2,600 square feet, with 1,486 square feet currently available for lease. The building is zoned C and sits within the Las Vegas submarket cluster. The restaurant itself has a rich history, having operated successfully for over 30 years, building a loyal customer base with its authentic Mexican cuisine. This is a turnkey operation, eliminating the significant costs associated with building out a new restaurant. The asking price of $180,000 represents a substantial value proposition, considering the established clientele and operational history. The property is ideally suited for a continuation of the existing successful business model or for a savvy entrepreneur looking to capitalize on a proven concept in a high-traffic location. This is a rare opportunity to acquire a profitable, established restaurant in a prime Las Vegas location. The property is ready for immediate operation, offering a significant return on investment. Serious inquiries only.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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.