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823 S Las Vegas Blvd
Las Vegas, NV 89101
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Felixible Execution Paths
  • Capital Efficiency Relative to New Construction
  • Downtown Las Vegas Location Advantage
  • Irreplaceable Las Vegas Boulevard Frontage & Visibility
  • Lease-Up & Owner-User Optionality
  • Institutional Adjacency & Long-Term Stability

EXECUTIVE SUMMARY

Colliers, as exclusive advisor, is pleased to present the opportunity to acquire the fee simple interest in 823 S. Las Vegas Boulevard (the "Property"), a ±29,295 square foot, four-story office building prominently located on the Las Vegas Strip within Downtown Las Vegas' historic cultural core.
The Property is partially occupied, providing in-place income and near-term leasing upside while preserving flexibility for full-floor leasing or phased owner-user occupancy. The building's configuration supports a range of strategies, including single- or multi-tenant occupancy, owner-user acquisition, or long-term investment, appealing to investors, owner-users, and 1031 exchange buyers.
Situated on ±0.31 acres, with an additional ±0.16 acres of paved parking, the Property occupies a highly visible southeast corner at Las Vegas Boulevard and Hoover Avenue, offering direct Strip frontage, strong branding potential, and easily identifiable parking. The surrounding Downtown environment features high density, walkability, transit access, and strong pedestrian and vehicular activity.
The Property benefits from proximity to government offices, court facilities, the Downtown Medical District, the Arts District, and Symphony Park, aligning it with Downtown Las Vegas' civic, professional, medical, and cultural ecosystem. Coupled with the economic challenges of delivering new office construction in the Downtown core, the Property's existing infrastructure, visibility, and parking position it as a cost-efficient alternative to ground-up development with durable long-term demand drivers.
For out-of state investors and owner-users seeking exposure to the Las Vegas market, the Property represents a well-positioned entry opportunity combining current income, leasing and owner-user flexibility, and long-term demand supported by Downtown revitalization and Strip adjacency.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
29,295 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2007
Price
$11,515,420 CAD
Price Per SF
$393.08 CAD
Percent Leased
63%
Tenancy
Multiple
Building Height
4 Stories
Typical Floor Size
7,324 SF
Slab To Slab
12’
Building FAR
1.43
Lot Size
0.47 AC
Zoning
C-2 - General Commercial, Las Vegas
Parking
74 Spaces (2.53 Spaces per 1,000 SF Leased)

AMENITIES

  • Bus Line
  • Security System
  • High Ceilings
  • Partitioned Offices
  • Plug & Play
  • Drop Ceiling
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
139-34-401-012
Land Assessment
$468,531 CAD
Improvements Assessment
$2,531,049 CAD
Total Assessment
$2,999,580 CAD
  • Listing ID: 38856768

  • Date on Market: 2025-12-22

  • Last Updated:

  • Address: 823 S Las Vegas Blvd, Las Vegas, NV 89101

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