2855 Fremont St - Hospitality FOR SALE


Las Vegas, NV 89104
$3,500,000 USD
702-630-1061
2855 Fremont St, Las Vegas, NV for Sale
$3,500,000 USD
Hospitality - FOR SALE
1/95
null | Request Cap Rate

2855 Fremont St
Las Vegas, NV 89104


HIGHLIGHTS

  • High-traffic area with excellent visibility
  • Close to major transportation routes

OVERVIEW

Unlock a prime redevelopment opportunity on historic Fremont Street! Situated directly across from the vibrant Showboat development, 2855 E Fremont Street offers a rare chance to invest in one of Las Vegas's most iconic corridors. This property is ideally positioned for investors looking to capitalize on the ongoing revitalization of Fremont Street, a hub of culture, entertainment, and innovation. With significant frontage and easy access, this site is perfect for the ongoing need for affordable housing development. The property’s proximity to major transportation routes and its location in a high-traffic, high-visibility area make it an attractive option for developers seeking to create a lasting impact in Las Vegas. OWNER WILL CARRY WITH 40% DOWN, CALL FOR DETAILS!!! Don’t miss the opportunity to be part of Fremont Street’s next chapter. Whether envisioning a boutique motel, affordable housing apartments, or medical rehab center, 2855 E Fremont Street offers the canvas to bring your development dreams to life.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$339 USD /SF

# OF ROOMS

22

PRICE/ROOM

$159,091 {currency}

CAP RATE

Request Cap Rate

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Crown Motel

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1998

PARKING SPACES

27

LAND DETAILS

LAND ACRES

0.37 AC

LAND SF

16,117 SF

ZONING

H-2

APN/PARCEL ID

162-01-202-009

ASK ABOUT THIS PROPERTY

Mannie MakhathiniERA Brokers ConsolidatedMore Info
702-630-1061

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Mannie MakhathiniERA Brokers ConsolidatedMore Info
702-630-1061

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