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Property profile & analytics
OFF-MARKET Estimated value $1,340,000
Bars & Pubs

750 Fremont St Las Vegas, NV 89101-5616

36,879 SF 0.64 ac lot Built 2015
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
Property ID
US62-0756338
Property summary
AI-generated overview

This exceptional three-story, 40,000-square-foot event venue is situated on Fremont Street in historic Downtown Las Vegas, directly across from Container Park. Boasting nine unique and flexible event spaces, this Class A property is perfect for groups of all sizes, accommodating up to 2,000+ guests. The building, constructed in 2015, features a stunning rooftop lounge and bar offering breathtaking views of the city and mountains. A full-service kitchen and state-of-the-art audio/visual capabilities, including premium audio, video production, and lighting, are included. A large built-in stage with plug-and-play technology enhances its versatility. The property sits on a 0.64-acre lot and is currently vacant, with an occupancy date of July 31, 2024. The asking price is $23,000,000 ($575 per square foot). This owner-user investment opportunity presents a unique chance to acquire a premier event space in a prime Las Vegas location. The property is zoned T5-MS and features elegant design elements of iron, wood, and stone, creating an unparalleled setting for memorable events. The building consists of one structure with three stories and is currently vacant. APN: 139-346-01-009.

Property profile
Verified
Property type Bars & Pubs
Use group NIGHTCLUB (COCKTAIL LOUNGE)
Year built 2015
Construction STEEL FRAME
Total area 36,879 SF
Lot 0.64 ac (27,878 SF)
APN 139-34-601-009
UPID US62-0756338
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
  • The Venue Las Vegas Hotel & Motel Resort
  • AndyKernComedyShow Hotel & Motel Resort
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$825k
CAP Approach CAP
by Request
Comparable Approach Comparable
$1.85M
Blend (final) Blend
$1.34M
Owner & transaction history
Valley Of Sun Las Vegas LLC · 18 yrs held
Valley Of Sun Las Vegas LLC
since 2008
2 recorded transactions
2013
Price N/A
2008
$3.9M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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