812 Stewart Ave 0.32 Acres of Commercial Land Offered at $1,179,290 CAD in Las Vegas, NV 89101

±0.36 Acres Located in Downtown Las Vegas
Colliers is pleased to present an exceptional opportunity to acquire a ±0.36 acre zoned T5 Main Street (T5-MS) in the Historic Downtown Las Vegas which allows for great flexibility for design and construction. The development is comprised of two contiguous parcels: 812 Stewart Avenue & 307 N. 9th Street, which is located at the NW corner of 9th Street and Stewart Avenue. The site can be easily accessed by two major Freeways, (U.S. 95 & I-15) along with S. Las Vegas Boulevard.
Zoning
The T5–Main Street zoning is intended for areas that support a high level of pedestrian activity and allows for a mix of uses, including residential, retail, office, and entertainment. The zoning allows for mid-rise buildings, which can range from three to five stories, and typically parking requirements are reduced compared to other areas to promote walking, cycling, and public transportation.
Location
The property is ideally located in Downtown Las Vegas and just North of the Fremont East Entertainment District. Recently, demand for vacant parcels have been spurred from the revitalization and new projects in the Downtown area. These include but not limited to: Symphony Park, Medical District, Renovations and new casino developments, and the success of several high-rise mixed use residential developments.
The ACE Downtown Connector Project is partially operational, will allow a transit link
between downtown Las Vegas and the resort corridor. This is scheduled to be completed
in early 2025.