For Sale
$500,000

1214 D StLas Vegas, NV 89106

High-Yield Retail Property, 4,353 SF

Overview

Added:
Dec 11, 2024
Days on market:
118
This exceptional investment opportunity presents a 4,353-square-foot retail storefront located at 1214 D St, Las Vegas, NV 89106. The property, built in 1953 and renovated in 2015, sits on a 0.16-acre lot (APN 139-27-111-081) and boasts a single-story, concrete block construction. Currently, the building is 100% occupied by a restaurant, Annie's Kitchen, under a lease agreement executed August 1, 2022, for the entire 4,353 square feet. This tenant has occupied a portion of the building since 2008, initially leasing approximately 1,000 square feet. The asking price is $500,000, translating to $109 per square foot. Benefiting from its strategic location at the southeast corner of D Street and Monroe Avenue, this property is zoned R-4 and falls within an Opportunity Zone, presenting significant potential for investors. The property features one building with a permitted R-4 zoning designation.

Highlights

  • Exceptional 4,353 SF retail storefront in Las Vegas, NV.
  • 100% occupied by restaurant tenant under lease through August 1, 2024.
  • Asking price: $500,000 ($109/SF).
  • Located on a 0.16-acre lot at the high-traffic corner of D St & Monroe Ave.
  • R-4 zoned and situated in an Opportunity Zone.

Property Details for 1214 D St

Property type
Retail properties, Retail space
Square Feet
4,353 SF
Year Built/Renovated
1953/2015
Buildings
1
Stories
1
Lot Size (sq. ft)
6,970 SF

Location Insight

City
Las Vegas
County
Clark
State
Nevada
Latitude
36.1846779
Longitude
-115.1468932
1214 D St, Las Vegas, Nevada

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1214 D St
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