Prime location at the intersection of Bonneville and Main in the Downtown Civic & Business District and ideally suited for Mixed Use, Industrial, Office and Retail development. Two contiguous parcels totaling 6.5 acres with dedicated access from Main St. and Commerce St. Zoned Industrial District (M) with utilities available.
GREAT OPPORTUNITY TO BUILD A MULTI FAMILY 4 PLEX!!! SOILS REPORT AND ARCHITECTURAL PLANS ARE COMPLETED JUST WAITING ON THE NEW BUYER TO SUBMIT PLANS TO THE CITY OF LAS VEGAS PLANNING DEPARTMENT. ALL UTILITIES ARE CLOSE BY. PURCHASE OF THE LAND AND CONSTRUCTION LOANS ARE READILY AVAILABLE. ARE YOU TIRED OF LOOKING AT MULTI FAMILY TEAR DOWN BUILDING. CURRENTLY THE PLANS ARE 4 UNITS WITH 2 BEDROOM AND 2 BATH UNITS WITH WASHER AND DRYER, BUYER CAN STILL MAKE CHANGES TO THE PLANS. CLOSE TO BUSLINE, SCHOOLS, SHOPPING AND BANKS.
2023 income was $200,000 with $95,000 in expenses. This year will show increased income and decreased expenses due to one time power meter installation charges in 2023. By July income should be at $22,000 a month less $7500 in expenses. Income could be increased by installing solar saving $26000 a year (almost 1/4 of all expenses). 1340 Hassell Ave and 2103 LEXINGTON ST. This is a property that has 17 mobile homes and one duplex (total 19 units). They are all rented by government programs. The 19 checks are paid by the non profits. Call for exact figures as seller does not want that information published. This property has been steadily improved over the last few years.
Seller may carry up tp 25% of the purchase price for 2 years . Great piece of commercial land located at F Street and Owens, in the flourishing historical Westside. The options are endless.