240 Wyoming Ave, Las Vegas, NV 89102

7,840 SF | 34% Leased | Industrial Building | Las Vegas, NV 89102 | $2,600,000 ($332/SF) | 6.57% Cap Rate

Asking Price $2,600,000

Sale Condition
Lease Option
Property Type
Industrial
Price / Square Foot
$332

Listing Contacts

Lane Holmes

Property Overview

Due to the overpass making freeway access easy now, this property has the potential to be redeveloped as a high rise condo project. Seller would accept offers subject to the buyer obtainng the necessary use permits and zoning for almost any use.
Presently it has 4 indoor shops and one area enclosed and under roof. One of the indoor shops has 995 SF and 3 have 800 SF. The under roof shop is approximately 4445 SF with high a high ceiling. The entire parcel is under roof.
The area is in an up and coming neighborhood with a large multi floor condo project within a few hundred feet. Across the street there is a planned distillery and bar.
Thanks to the newly installed rail road over pass in front of the property the traffic count has taken off and freeway access is seconds away.
The adjacent, .52 acre, property to the North is also owned by the seller.
Call Lane Holmes at 702-592-9400 for more info

Property Details

Class
C
Year Built
1963
Stories
1
Property Subtype
Distribution, Vehicle Related
Lot Size (sq. ft)
7,841 SF

Highlights

  • Near new projects. Easy freeway access due to new overpass. Large rentable "out door" paved area that could easily be made into indooor.

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