— For Sale —

Offering Price $3,035,000

Price Per Door (Number of Doors: 39) $77,821

Price Per Square Foot $144 PSF

Total Square Footage ± 21,086 SF

Property Information

The Investment Services Group of LOGIC Commercial Real Estate has been exclusively retained to offer a current non-operating ± 21,086 SF, 3-Story Hospitality Building which includes 39 hotel rooms, an attached restaurant, and large game room/entertainment area. The 39 hotel rooms include a mix of 2 to 4 bunk beds, double queens, and single kings. The Property boasts a range of amenities, including a swimming pool, lounge area, equipment-ready kitchen, theater room, coin operated laundry, and a secure parking lot. Positioned on ±0.46 acres at the corner of Fremont Street (± 9,650 CPD) and S. 14th St., the Property is strategically located within walking distance from the heart of Downtown Las Vegas dining and entertainment. The Property is also located within an Opportunity Zone which offers potential tax benefits for investors.

With its current vacancy, this offering presents a unique opportunity for an investor to revitalize and reposition the Property to meet contemporary market demands in one of Las Vegas’ most dynamic submarkets.

Contact

Brokerage

Cathy Jones,
CPA, SIOR, CCIM

Executive Vice President
Las Vegas
License BS.0056010
C 702.595.8765
More Info
Brokerage

Blaze Katz

Associate
Las Vegas
License S.0195070
C 702.690.0407
More Info
Brokerage

Paul Miachika

Executive Vice President
Las Vegas
License S.0184612
C 602.814.0661
More Info
Brokerage

Karim Chatoor, CCIM

Senior Associate
Las Vegas
License BS.0146002
C 248.525.1423
More Info