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Property profile & analytics
OFF-MARKET
Commercial real estate

556 Eastern Ave Las Vegas, NV 89101

2,600 SF
Entity Owned 5-yr Hold
Property ID
US62-1068902
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Commercial real estate
Total area 2,600 SF
UPID US62-1068902
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Vigo Bank Credit Union
  • Sushiro Restaurant
  • Opticas Veinte Veinte (20/20) Physician
  • Kids Outlet Clothing & Fashion Store
  • UPS Authorized Shipping Outlet Courier Service Postal Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Bonanza Eastern Owner LLC · 5 yrs held
Bonanza Eastern Owner LLC
since 2021
2 recorded transactions
2021
$16.1M
2020
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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