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515 & 521 Stewart Ave

Redevelopment opportunity in rare Downtown Las Vegas location

Listing Contacts

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Active

Asking Price: $3,280,000
Address 

515 Stewart Ave, Las Vegas, NV 89101

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Date Added
Sep 26, 2023
Days on Market
546 days
Time Since Last Update
55 days

Details

Property TypeRetail
SubtypeGas Station
Square Footage4,923
Price/Sq Ft$666.26
Year Built1995
Buildings2
Stories1
ZoningT6 (Urban Core)
Lot Size (acres)0.47
Parking (spaces)15
APN139-34-511-010; 139-34-512-006; 139-34-512-007

Marketing Description

515 & 521 Stewart Avenue Consists of 3 Parcels Totaling ±0.47 Acres With 2 Separate Automotive Buildings.​ The Building Located at 515 Stewart Avenue is ±1,240 Sf and the Multi-tenant Building Located at 521 Stewart Avenue is ±3,683 Sf.​ This Location Offers High Visibility in Downtown Las Vegas and Exposure to Downtown Traffic.​ The T6 (Urban Core) Zoning Classification Allows for the Highest Urban Development And Supports a Wide Range of Regional-center Appropriate Uses Such as Employment, Retail, Services, Civic, Public, Residential or Multifamily Uses.​

For additional information and to access the OM, visit: Dtlvproperties.​com

Investment Highlights

  • ​The Combined Parcels Provide a Developer
  • ​±2.24 Acres
  • ​ Rare Opportunity to Acquire 3 Hard Corners on Las Vegas Boulevard
  • ​ Income Producing to Offset Hold Costs
  • ​ T6 (Urban Core) Zoning Reinforces and Enhances the Downtown Urban Core, Providing a Vibrant, Walkable, Urban Environment Heart of Downtown Redevelopment Opportunity
  • ​ Rare Las Vegas Boulevard Frontage
  • ​ Potential Condo, Multifamily, and/or Retail Uses
  • ​ ±1,000 Ft From the I-95 Freeway on/off Ramp
  • ​ ±1,000 Ft From Fremont Street Experience

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Due Diligence

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Listing Contacts

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