Address: 1116 East Ogden Avenue, Las Vegas, Nevada, US
Created date: May 7, 2024
Date last updated: May 19, 2024
- +- 170,000 sf mixed use development in the Fremont East Neighborhood, DTLV
- 1/3 of a downtown city block entitled for 131 units over podium parking and +/- 6,000 sf of commercial
- Existing improvements include 25 unit apartments, commercial building, house and duplex generating +/- $200,000 NOI
- Walking distance to Fremont East Entertainment District, Fremont Street Experience, Downtown Las Vegas Hotels & Casinos
- OPPORTUNITY ZONE IDEAL FOR INVESTMENT, NEAR-TERM REDEVELOPMENT OR COVERED LAND PLAY
Property Description
Fortis Commercial Advisors is pleased to present the opportunity to acquire an entitled site approved for 131 units over parking and commercial in the highly desirable and rapidly improving Fremont East Neighborhood, Downtown Las Vegas. An ideal covered land play allows a developer to take advantage of the existing apartments and lots generating approximately $200,000 in NOI.
*Broker is a principal of Owner