Value Add Retail Investment

For Sale

1200 Stewart Ave, Las Vegas, NV 89101

This Las Vegas property for sale is located at 1200 Stewart Ave. The current listed sale price for Value Add Retail Investment is $1,099,000. Value Add Retail Investment is situated on a lot that is 0.15 acre in size.

Contacts

broker

Adam Paul Macaluso

Simply Vegas Apartment Building Asset Specialist

Property Details

  • Property Type Retail - Street Retail
  • Property Size 5,618 SF
  • Units 7
  • Lot Size 0.15 Acre
  • Additional Rent Contact for pricing
  • Property Tenancy Multi-Tenant
  • Year Built 1957
  • Date Updated Aug 23, 2024
1200 Stewart sits on on the corner of Stewart Ave and Maryland parkway in the heart of Downtown Las Vegas. Major redevelopment efforts are underway surrounding the subject property complimenting the investment opportunity. Public transits, major transportation arteries, dinning and entertainment are within close proximity to the subject property.Looking for a true “Value Add” retail investment opportunity? Look no further than 1200 Stewart Ave. Located in the heart of downtown Las Vegas this single story retail center is surrounded by active underway development both private and public. Just 1 mile away from the world famous Fremont street, 1200 Stewart Ave sits at the intersection of Maryland and Stewart Ave. Total square footage under roof is 5,600 sqft which can accommodate up to 7 tenant spaces that are all pre-plumbed for 1 bathroom. Massive city of Las Vegas investments are approved and underway to revamp Stewart Ave to include new landscaping, update street lighting, widening of sidewalks, and efforts to improve the flow of traffic for vehicles and bike lanes. The subject property is approximately 300 feet from the newly opened Share Downtown apartments on 11th street and the Bent Inn Boutique Motel. The icing on the cake for this unique Value Add retail investment opportunity is the fact that the subject property sits within both a City Redevelopment Zone as well as a certified Opportunity Zone offering massive tax saving advantages as well as fast track permitting. For more information or to discuss scheduling a site visit please contact Joshua Lafond with Simply Vegas Commercial.

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Highlights

  • - Prime location in Central area for maximum exposure
  • - High foot traffic for increased customer flow
  • - Versatile layout to accommodate diverse retail concepts
  • - Established presence in the community for immediate customer base
  • - Vintage charm and character for unique branding opportunities
  • - Zoned T4-MS for flexible use and expansion potential
  • - Excellent visibility for storefronts to attract attention

Getting around

  • 84/100

    Walk Score ®

  • 59/100

    Transit Score ®

  • 64/100

    Bike Score ®

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Location

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

Points of Interest

  • SLS

    2.20 miles

  • LVCC Central Station

    2.82 miles

  • Las Vegas Convention Center

    2.97 miles

  • Mirage

    3.98 miles

  • Caesars Palace/Flamingo

    4.16 miles

  • Rideshare Pickup

    4.31 miles

  • Bally's/Paris Las Vegas

    4.35 miles

  • Bellagio Tram Station

    4.77 miles

  • The Crystals Tram Station

    4.83 miles

  • Rideshare Pickup

    4.90 miles

  • Tesla Supercharger

    0.45 miles

  • Arco

    0.94 miles

  • Sinclair

    0.95 miles

  • Arco

    1.18 miles

  • Arco

    1.63 miles

  • Costco Gasoline

    1.69 miles

  • Chevron

    1.70 miles

  • Western Petroleum

    1.75 miles

  • Chevron

    1.81 miles

  • 76

    1.94 miles

  • Saint Bridget Catholic Church Overflow Parking

    0.18 miles

  • The Llama Lot

    0.23 miles

  • Cortez Free Parking

    0.36 miles

  • Zappos.com 7th Street Lot

    0.42 miles

  • El Cortez Valet Lot

    0.43 miles

  • Gold Spike Lot

    0.50 miles

  • El Cid

    0.53 miles

  • Zappos Self Parking

    0.55 miles

  • Fremont Street Experience Parking

    0.60 miles

  • Mob Museum Self Parking

    0.66 miles

  • Chow

    0.20 miles

  • Oak and Ivey Bar

    0.41 miles

  • Turmeric

    0.41 miles

  • BBQ

    0.42 miles

  • Bin 702

    0.43 miles

  • eat.

    0.45 miles

  • 7th & Carson

    0.46 miles

  • VegeNation

    0.47 miles

  • La Comida

    0.49 miles

  • Wild

    0.49 miles

  • Fergusons Downtown

    0.18 miles

  • Laos Market

    0.65 miles

  • Albertsons

    0.82 miles

  • Las Vegas North Premium Outlets

    1.53 miles

  • Smith's

    1.72 miles

  • Loop Da Loop Antiques

    2.17 miles

  • Dollar General Market

    2.20 miles

  • Smith's

    2.46 miles

  • El Super

    2.82 miles

  • Cardenas Market

    2.91 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

Adam Paul Macaluso

Simply Vegas Apartment Building Asset Specialist