Property profile

750 E Fremont St Las Vegas, NV 89101

FOR SALE
Bars & Pubs
Property ID
US62-0756338
36,879 SF 0.64 ac lot Built 2015
Entity Owned 18-yr Hold Absentee Owner ~ Est. High Equity
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For Sale
Contact for pricing 36,879 SF
750 E Fremont St, Las Vegas, NV 89101
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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

Current use

Occupant on record · Public records
  • Hotel & Motel Resort
  • Hotel & Motel Resort

Location

750 E Fremont St Las Vegas, NV 89101
Las Vegas metro Census 700 LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA
Google Maps

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

since 2008
2 recorded transactions
2013
Price N/A
2008
$3.9M

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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