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Arts Factory- THE HEART OF THE ARTS DISTRICT 101-107 E Charleston Blvd 26,253 SF 100% Leased Retail Building Las Vegas, NV 89104 $13,179,598 CAD ($502.02 CAD/SF)
Investment Highlights
- Biggest Patio in Arts District
- Owner User opportunity
- Center of it all
Executive Summary
The biggest ourdoor patio in the Arts Distict, The Arts Factory sits at the heart of the Las Vegas Arts District and is one of Downtown’s most recognizable and visible properties. The property is surrounded by convenient parking, walkable restaurants and retail, and The English Hotel, the Arts District’s only boutique hotel, managed by Marriott.
The neighborhood continues to grow, with Gemma adding 337 apartments and The Myles adding another 311 units. The property is also located just south of Symphony Park, where more than 1,200 new residences and the new 441-room AC Hotel and Element Hotel now open, and just east of the Las Vegas Medical District.
The Arts Factory already generates strong income, with significant opportunity for a new owner to build on what’s in place. Few properties offer this combination of location,
visibility, character, and long-term upside.
Ask us about potential City of Las Vegas incentives.
The neighborhood continues to grow, with Gemma adding 337 apartments and The Myles adding another 311 units. The property is also located just south of Symphony Park, where more than 1,200 new residences and the new 441-room AC Hotel and Element Hotel now open, and just east of the Las Vegas Medical District.
The Arts Factory already generates strong income, with significant opportunity for a new owner to build on what’s in place. Few properties offer this combination of location,
visibility, character, and long-term upside.
Ask us about potential City of Las Vegas incentives.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
26,253 SF
Building Class
C
Year Built
1947
Price
$13,179,598 CAD
Price Per SF
$502.02 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.94
Lot Size
0.64 AC
Zoning
C-2 with 18B Overlay
Parking
18 Spaces (0.69 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Property Manager on Site
- Restaurant
- Signalized Intersection
- Skylights
- Air Conditioning
- Smoke Detector
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- 17 Moons Art Studio
- -
- -
- -
- -
- 18bin
- Accommodation and Food Services
- -
- -
- -
- Art Square
- Arts, Entertainment, and Recreation
- -
- -
- -
- Arts Factory
- Arts, Entertainment, and Recreation
- -
- -
- -
- Blue Sky Yoga
- Educational Services
- -
- -
- -
- Clark & Richards LLP
- Professional, Scientific, and Technical Services
- -
- -
- -
- Cricket Graphics
- Professional, Scientific, and Technical Services
- -
- -
- -
- Doberman
- Accommodation and Food Services
- -
- -
- -
- Hellpop
- Retailer
- -
- -
- -
- Hiptazmic Studio
- Public Administration
- -
- -
- -
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| 17 Moons Art Studio | - | - | - | - | ||
| 18bin | Accommodation and Food Services | - | - | - | ||
| Art Square | Arts, Entertainment, and Recreation | - | - | - | ||
| Arts Factory | Arts, Entertainment, and Recreation | - | - | - | ||
| Blue Sky Yoga | Educational Services | - | - | - | ||
| Clark & Richards LLP | Professional, Scientific, and Technical Services | - | - | - | ||
| Cricket Graphics | Professional, Scientific, and Technical Services | - | - | - | ||
| Doberman | Accommodation and Food Services | - | - | - | ||
| Hellpop | Retailer | - | - | - | ||
| Hiptazmic Studio | Public Administration | - | - | - |
Moderately walkable
60/100
Exceptionally drivable
100/100
Good public transit
70/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 139-33-801-021 | Improvements Assessment | $338,037 CAD |
| Land Assessment | $391,911 CAD | Total Assessment | $729,948 CAD |
Property Taxes
Parcel Number
139-33-801-021
Land Assessment
$391,911 CAD
Improvements Assessment
$338,037 CAD
Total Assessment
$729,948 CAD
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Arts Factory- THE HEART OF THE ARTS DISTRICT | 101-107 E Charleston Blvd
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