823 S Las Vegas Blvd 29,295 SF 63% Leased 4-Star Office Building Las Vegas, NV 89101 $11,515,420 CAD ($393.08 CAD/SF)

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.