Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land

1116 E. Ogden Avenue, Las Vegas, NV 89101

  • For Sale Subject To Offer
  • Property Type Multi-Family
  • Property Size 173,009 SF
  • Units 131
  • Lot Size 0.8 Acre
  • Additional Rent Contact for pricing
  • Year Renovated 2013
  • Date Updated May 7, 2024
1/3 of a downtown city block located on the NW Corner of Maryland Pkwy and Ogden Ave in the rapidly changing and desirable Fremont East neighborhood. Close to employment centers, entertainment, public transit. Entire block is being redeveloped with construction already started on 2 adjacent projects.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

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Highlights

  • +- 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

Contacts

broker

Dean Jalili

Fortis Commercial Advisors

Location

Getting Around

  • Walk Score ®

    88/100 Very Walkable
  • Transit Score ®

    61/100 Good Transit
  • Bike Score ®

    63/100 Bikeable
Powered by Walk Score ®
  • City Las Vegas, NV
  • Neighborhood Downtown Las Vegas
  • Zip Code 89101
  • Market Las Vegas

Points of Interest

  • SLS

    2.13 miles

  • LVCC Central Station

    2.75 miles

  • Las Vegas Convention Center

    2.90 miles

  • Mirage

    3.90 miles

  • Caesars Palace/Flamingo

    4.09 miles

  • Rideshare Pickup

    4.24 miles

  • Bally's/Paris Las Vegas

    4.28 miles

  • Bellagio Tram Station

    4.69 miles

  • The Crystals Tram Station

    4.76 miles

  • Park MGM Tram Station

    4.90 miles

  • Tesla Supercharger

    0.38 miles

  • Arco

    0.95 miles

  • Sinclair

    0.99 miles

  • Costco Gasoline

    1.64 miles

  • Chevron

    1.64 miles

  • Western Petroleum

    1.73 miles

  • 76

    1.87 miles

  • Rebel

    1.92 miles

  • ChargePoint

    3.80 miles

  • Linq High Roller Supercharger

    4.03 miles

  • The Llama Lot

    0.17 miles

  • Saint Bridget Catholic Church Overflow Parking

    0.23 miles

  • Cortez Free Parking

    0.33 miles

  • El Cortez Valet Lot

    0.40 miles

  • Zappos.com 7th Street Lot

    0.40 miles

  • El Cid

    0.46 miles

  • Gold Spike Lot

    0.47 miles

  • Zappos Self Parking

    0.53 miles

  • Fremont Street Experience Parking

    0.55 miles

  • 304 E Carson

    0.62 miles

  • Alicia Motel

    0.08 miles

  • Lucky Motel

    0.09 miles

  • Travelers Motel

    0.10 miles

  • Peter Pan Motel

    0.12 miles

  • The Gables Motel

    0.14 miles

  • Alpine Motel

    0.23 miles

  • Dragon Motel

    0.23 miles

  • Downtowner Motel

    0.29 miles

  • Economy Motel

    0.33 miles

  • City Center Motel

    0.33 miles

  • Chow

    0.13 miles

  • Oak and Ivey Bar

    0.35 miles

  • BBQ

    0.36 miles

  • Turmeric

    0.36 miles

  • Bin 702

    0.37 miles

  • eat.

    0.39 miles

  • 7th & Carson

    0.40 miles

  • VegeNation

    0.41 miles

  • La Comida

    0.44 miles

  • Le Thai

    0.45 miles

  • Community College of Southern Nevada Downtown Learning Center

    0.16 miles

  • Saint Joseph Elementary School

    0.36 miles

  • First Good Shepard Lutheran School

    0.40 miles

  • Las Vegas Academy

    0.45 miles

  • Howard E Hollingsworth Elementary School

    0.50 miles

  • First Christian Church Child Development Center

    0.60 miles

  • Halle Hewetson Elementary School

    0.81 miles

  • Carousel Christian Child Development Center

    0.83 miles

  • Crestwood Elementary School

    0.89 miles

  • Biltmore Special School

    0.92 miles

  • La Petite Academy

    5.74 miles

  • KinderCare

    6.70 miles

  • Sekuritie Child Care LLC

    8.09 miles

  • Childtime

    8.54 miles

  • Children's Choice Learning Center

    9.11 miles

Frequently Asked Questions

How much does Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land cost?

The sale price for Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land is available upon request. Contact the listing broker for more information.

What is the total square footage of Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land?

Value-add Downtown Las Vegas Multi-Family with Entitlements and excess land totals 173,009 square feet.

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Contact Listing Broker

broker

Dean Jalili

Fortis Commercial Advisors