Mixed Use Site 3355 Procyon St 25,460 SF Retail Building Las Vegas, NV 89102 $21,629,781 CAD ($849.56 CAD/SF)

Excellent property for entertainment, retail, high rise residential or hotel/casino. Prime in-fill parcel with recent sales comps of land in the immediate area at $2,900,000/ac. This shows the building cost at $156/sq. ft. for the 25,000 sq. foot structure. Located at the SWC of Desert Inn Road and Procyon Street with traffic counts of 53,000/day and just 1.2 miles west of the iconic "Las Vegas Strip". The subject property is strategically located between "Area 15" with the "Universal Studios Experiences" project and 1 block to the South is "China Town" on Spring Mnt. Rd. It sits on a 4.07 acre lot with 289 parking spaces and 318 feet of frontage on Desert Inn Road and 505 feet of frontage on Procyon Street. There is existing liquor and entertainment use licenses and was open as a (Night Club). The building spans approximately 25,460 square feet with an additional 4,000 sq. ft. of storage including an electrical generation system. The property is equipped with interior and exterior cameras along with iron fencing on the exterior property lines. There are separate rooms including a full kitchen. The property is zoned as EM (Entertainment Mixed Use) and is also part of the "Opportunity Zone", offering potential tax benefits and liberal zoning uses.