1512-1518 Fremont St - Retail FOR SALE


Las Vegas, NV 89101
$3,000,000 USD
702-350-4179
1512-1518 Fremont St, Las Vegas, NV for Sale
$3,000,000 USD
Retail - FOR SALE
1/7
null | Request Cap Rate

1512-1518 Fremont St
Las Vegas, NV 89101


HIGHLIGHTS

  • Rare, ±14,266 SF Office/Industrial/showroom building in the E. Fremont corridor.
  • 1 Grade loading door; Ample parking
  • Own a piece of Vegas history!
  • Multitude of potential use including retail, office, warehouse, mixed use, or as a development opportunity.
  • The property has tremendous frontage on Fremont Street, with exceptional visibility from the hotel and multifamily uses in the area.
  • 100+ feet of frontage on Fremont Street; ±1.4 Miles from I-11 Freeway

OVERVIEW

Property Description Former Western Theatre on Fremont! Currently in operation as American Printing, one of the longest running printing operations in Las Vegas, benefit from a multitude of potential uses including retail, warehouse, office, showroom, or as a redevelopment opportunity. Tremendous frontage on Fremont Street, with exceptional visibility from the hotel and multifamily uses in the area. During a renovation, a 50¢ theater ticket with the name “Western Theater” was discovered along with a popcorn bag, which proved without a doubt that this was one of the Old Entertainment District Movie Theatres. After closing as the theatre, it housed a Bicycle & Lawn Mower Shop, a Barber Shop and a Furniture Store. In 1967, Jim Kizzire opened his printing company with two employees, occupying 500 square feet of this historic building. In the theatre with a drop of over 4 feet & 4,000 square feet. In 1968 Mr. Kizzire placed 4 feet of fill and concrete in the old theatre and brought in larger printing equipment to fulfill his customer’s needs. Mr. Kizzire remodeled the building in 1993 and today, American Printing employs over 30 full-time workers and occupies the entire building of 20,000 square feet plus a next door parking lot for customers and employees. Area Description Near the corner of E. Fremont and 15th Street. The site is perfect for redevelopment with 100+ feet of frontage on Fremont Street. Within walking distance to Fremont Village and in proximity to the Fremont Redevelopment District.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$210 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1970

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

CROSS STREETS

15th Street

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

T4

APN/PARCEL ID

139-35-314-002

ASK ABOUT THIS PROPERTY

Buck HujabreMDL GroupMore Info
702-350-4179

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Buck HujabreMDL GroupMore Info
702-350-4179

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.