Map of Property

Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land

For Sale

1116 E. Ogden Avenue, Las Vegas, NV 89101

This Las Vegas property for sale is located at 1116 E. Ogden Avenue. Contact the listing broker for details on the current sale price for Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land. Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land is situated on a lot that is 0.8 acre in size.

Contacts

broker
Dean Jalili

Fortis Commercial Advisors

Property Details

  • Property Type Multi-Family
  • Property Size 173,009 SF
  • Units 131
  • Lot Size 0.8 Acre
  • Additional Rent Contact for pricing
  • Year Renovated 2013
  • Date Updated May 7, 2024
1/3 of a downtown city block located on the NW Corner of Maryland Pkwy and Ogden Ave in the rapidly changing and desirable Fremont East neighborhood. Close to employment centers, entertainment, public transit. Entire block is being redeveloped with construction already started on 2 adjacent projects.Fortis Commercial Advisors is pleased to present the opportunity to acquire an entitled site approved for 131 units over parking and commercial in the highly desirable and rapidly improving Fremont East Neighborhood, Downtown Las Vegas. An ideal covered land play allows a developer to take advantage of the existing apartments and lots generating approximately $200,000 in NOI. *Broker is a principal of Owner
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Highlights

  • +- 170,000 sf mixed use development in the Fremont East Neighborhood, DTLV
  • 1/3 of a downtown city block entitled for 131 units over podium parking and +/- 6,000 sf of commercial
  • Existing improvements include 25 unit apartments, commercial building, house and duplex generating +/- $200,000 NOI
  • Walking distance to Fremont East Entertainment District, Fremont Street Experience, Downtown Las Vegas Hotels & Casinos
  • OPPORTUNITY ZONE IDEAL FOR INVESTMENT, NEAR-TERM REDEVELOPMENT OR COVERED LAND PLAY

Getting around

  • 88/100

    Walk Score ®

  • 61/100

    Transit Score ®

  • 63/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Las Vegas, NV
  • Neighborhood Downtown Las Vegas
  • Zip Code 89101
  • Market Las Vegas

Points of Interest

  • Sahara

    2.13 miles

  • LVCC Central Station

    2.75 miles

  • LVCC West Station

    2.83 miles

  • Boingo/Las Vegas Convention Center

    2.90 miles

  • Rideshare Pickup

    4.24 miles

  • Bellagio Tram Station

    4.69 miles

  • The Crystals Tram Station

    4.75 miles

  • MGM Grand

    4.90 miles

  • Park MGM Tram Station

    4.90 miles

  • Excalibur North

    5.20 miles

  • Tesla Supercharger

    0.38 miles

  • 7-Eleven

    0.46 miles

  • Chevron

    0.90 miles

  • 7-eleven

    0.99 miles

  • Arco

    1.11 miles

  • Costco Gasoline

    1.64 miles

  • ChargePoint

    3.46 miles

  • Tesla Destination Charger

    4.03 miles

  • Linq High Roller Supercharger

    4.03 miles

  • The Llama Lot

    0.17 miles

  • Saint Bridget Catholic Church Overflow Parking

    0.23 miles

  • Cortez Free Parking

    0.33 miles

  • El Cortez Valet Lot

    0.40 miles

  • Zappos.com 7th Street Lot

    0.40 miles

  • Gold Spike Lot

    0.47 miles

  • Zappos Self Parking

    0.53 miles

  • Federal Courthouse Employee Parking

    0.55 miles

  • Fremont Street Experience Parking

    0.55 miles

  • Alicia Motel

    0.08 miles

  • Lucky Motel

    0.09 miles

  • Peter Pan Motel

    0.12 miles

  • The Gables Motel

    0.14 miles

  • Lucky Lady Motel

    0.17 miles

  • Alpine Motel

    0.23 miles

  • Dragon Motel

    0.23 miles

  • Downtowner Motel

    0.29 miles

  • Economy Motel

    0.33 miles

  • City Center Motel

    0.33 miles

  • Fergusons Downtown

    0.11 miles

  • Downtown Container Park

    0.36 miles

  • Laos Market

    0.67 miles

  • Albertsons

    0.80 miles

  • Saks Off 5th

    1.40 miles

  • Las Vegas North Premium Outlets

    1.46 miles

  • Smith's

    1.66 miles

  • El Super

    2.02 miles

  • Loop Da Loop Antiques

    2.12 miles

  • Dollar General Market

    2.15 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Dean Jalili

Fortis Commercial Advisors