1st St. & Garces Land

701 & 715 S. 1st St., Las Vegas, NV 89101

— For Sale —

List Price$3.25MM

Acreage +/- 0.81 AC

Zoning C-M

Property Information

Property Overview

LOGIC Commercial Real Estate is pleased to present the opportunity to purchase a rare +/- 0.81 AC of land on the Southeast Corner of 1st St. and Garces Ave. in downtown Las Vegas. The land is comprised of two adjacent parcels 701 S. 1st St. (0.49 AC) and 715 S. 1st St. (0.32 AC). The property features curb, gutter, sidewalk, electricity, gas, sewer, and water improvements. The property is located in the Office Core prime redevelopment area of downtown Las Vegas. The property has a walk score of 75 (very walkable) and a Transit Score of 71 (excellent transit). The site has approximately 250 SF of frontage along 1st St., and 143 SF along Garces Ave.

Investment Highlights

  • This rare opportunity is located within walking distance of the 61-acre Symphony Park which is home to the Cleveland Clinic Lou Ruvo Center for Brain Health, Smith Center for Performing Arts and the Discovery Children’s Museum.
  • Other nearby destinations include the 5.1MM SF World Market Center, the 175-store Las Vegas Premium Outlets, and the site is just two blocks east of the Clark County Government Center.
  • Within a half-mile of the site are some of Las Vegas’ most anticipated new development projects including the planned 324-unit Auric Symphony Park apartment and retail complex, the new 315,000 SF Downtown Convention Center, and the 777 room Circa Resort & Casino, to name a few.