3015 Fremont StLas Vegas, NV 89104

Property Details for 3015 Fremont St

Year built

1962

Construction

MASONRY/CONCRETE MASONRY UNITS (CMUS)

Lot size

2.02 AC

Property size (Sq ft)

6,180 SF

Property type

Specialty properties

APN

162-01-601-037

APU

16201601037

Description

This exceptional 8,479 square foot, single-tenant property at 3015 E Fremont St, Las Vegas, NV 89104, presents a lucrative investment opportunity. Currently operating as a thriving bar, restaurant, and live entertainment venue, it boasts a fully remodeled interior, including a state-of-the-art kitchen, sleek bar, and impressive entertainment features such as LED dance floors and atmospheric lighting. The property sits on a 2.02-acre lot with ample parking for 180 vehicles. Zoned EM/H-1, it offers diverse possibilities for continued operation as a multi-faceted entertainment destination or repurposing to suit a buyer's vision. The property is 100% occupied, with the current lease expiring October 1, 2024. Key features include renovated restrooms, a liquor license (transferable to the new owner), and a prime location just 2.5 miles from the Fremont Street Experience and 7.8 miles from McCarran International Airport. This stabilized Class B property is offered at $3,400,000 and is suitable for a 1031 exchange. The property's size, amenities, and location make it an ideal investment for owner-users or investors seeking a high-return asset in the vibrant Las Vegas entertainment district. The property includes a private upstairs party area with its own restroom overlooking the main club. The building is approximately 6,000 square feet.

• Alternative Use

  Use

  Valuation

  Residential

  $1,669,176

  Hospitality

  $1,528,957

  Educational

  $1,272,074

  Medical

  $1,315,823

  Retail

  $1,978,782

Location Insight

City

Las Vegas

County

Clark

State

Nevada

Latitude

36.1534

Longitude

-115.109

CBSA code

29820

CBSA name

LAS VEGAS-PARADISE, NV METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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