Log In/Sign Up
Your email has been sent.
Creative Office - Owner/User 3847 S Eastern Ave 4,231 SF 25% Leased Office Building Las Vegas, NV 89169 $1,030,228 CAD ($243.50 CAD/SF) 6.90% Cap Rate
INVESTMENT HIGHLIGHTS
- Very Creative Space can be used as a Live/Use Opportunity
- Has a Very Large Office Space consisting of 34'x18' with a Seperate Entrance
- Private Back Area Oasis with Heated Pool/Jacuzzi and Rock Waterfall, Beachy Sitting Area with Firepit, Covered Patio for Hot Summer Days
EXECUTIVE SUMMARY
Property use to be Zoned R-1 and the previous owner changed the Zoning to C-P. Can be senior adult living, singles swingers club, nursing home facility.
Owner is currently using the property as Live/Use.
All offices are currently being used as bedrooms.
Property is 2 levels and has 7 office spaces consisting of 4 down and 3 up with 2 bathrooms 1 up and 1 down. It has a full size Kitchen/Breakroom, double-sided wood-burning Fireplace, a Private large back area that has a Heated Swimming Pool and Jacuzzi with a Rock Waterfall. Separate Sitting Area consists of a beachy feel with Sand and a Firepit. Covered Patio for those hot summer days.
Owner is currently using the property as Live/Use.
All offices are currently being used as bedrooms.
Property is 2 levels and has 7 office spaces consisting of 4 down and 3 up with 2 bathrooms 1 up and 1 down. It has a full size Kitchen/Breakroom, double-sided wood-burning Fireplace, a Private large back area that has a Heated Swimming Pool and Jacuzzi with a Rock Waterfall. Separate Sitting Area consists of a beachy feel with Sand and a Firepit. Covered Patio for those hot summer days.
FINANCIAL SUMMARY (ACTUAL - 2024) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$63,632
|
$15.04
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$63,632
|
$15.04
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2024)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $63,632 |
| Annual Per SF | $15.04 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $63,632 |
| Annual Per SF | $15.04 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Building Size
4,231 SF
Building Class
C
Year Built
1964
Price
$1,030,228 CAD
Price Per SF
$243.50 CAD
Cap Rate
6.90%
NOI
$71,086 CAD
Percent Leased
25%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
4,231 SF
Building FAR
0.49
Lot Size
0.20 AC
Zoning
C-P - Property used to be Zoned R-1 and the previous owner changed the Zoning to C-P.
Parking
8 Spaces (1.89 Spaces per 1,000 SF Leased)
AMENITIES
- Bus Line
1 1
1 of 26
VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
PHOTOS
STREET VIEW
STREET
MAP
1 of 1
Presented by
Creative Office - Owner/User | 3847 S Eastern Ave
Already a member? Log In
Hmm, there seems to have been an error sending your message. Please try again.
Thanks! Your message was sent.