For Sale
$398,000

1212 Eastern AveLas Vegas, NV 89104

7,405 SF Vacant Commercial Building

Overview

Added:
Dec 11, 2024
Days on market:
116
This 7,405 square foot mixed-use property, located at 1212 S Eastern Ave, Las Vegas, NV 89104, presents a compelling value-add opportunity. Built in 1951, this single-story, 1-unit building sits on a 0.17-acre lot and is zoned for commercial use. Currently vacant, the property offers 1,312 square feet of net rentable space, ideal for a variety of professional uses including medical offices, salons, spas, or legal/financial services. Its prime location on Eastern Avenue ensures high visibility and easy access to major highways and public transportation. The property includes on-site parking. While requiring some updates, this building offers significant potential for increased value and rental income through renovations. The property is offered fee simple with a Clark County APN of 162-02-517-020. The asking price is $398,000. The property is currently vacant, with an occupancy date of October 1, 2024. This is a unique chance to acquire a versatile commercial property in a thriving Las Vegas location. The building's flexible layout allows for customization to suit diverse business needs, making it an attractive investment for those seeking to capitalize on the growing demand for commercial space in this area.

Highlights

  • High-visibility location on heavily trafficked S. Eastern Ave. in Las Vegas, offering excellent access to major highways.
  • Flexible floor plan suitable for various commercial uses, including medical, professional, and beauty services.
  • Significant value-add potential through renovations and upgrades to increase property value and rental income.
  • Ample on-site parking.
  • Situated in a rapidly growing Las Vegas area with increasing demand for commercial space.
  • Attractively priced for investors seeking entry into the Las Vegas market.

Property Details for 1212 Eastern Ave

Property type
Specialty properties, Retail properties
Square Feet
7,405 SF
Class
C
Year Built
1951
Buildings
1
Stories
1
Lot Size (sq. ft)
7,405 SF
Units
1

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1554961
Longitude
-115.1190973
1212 Eastern Ave, Las Vegas, Nevada

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1212 Eastern Ave
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