preloader

5321 Cameron St, Las Vegas NV 89118

5321 Cameron St, Uncategorized, 89118, Uncategorized

January 30, 2024

Property Description
For Uncategorized $9,500,000

PROPERTY FACTS

Price$9,500,000No. Stories1
Price Per SF$453Year Built/Renovated1998/2021
Sale TypeInvestmentTenancySingle
Property TypeFlex Parking Ratio5.91/1,000 SF
Building ClassBClear Ceiling Height18 FT 6 IN
Lot Size1.20 ACNo. Drive In / Grade-Level Doors5
Rentable Building Area20,980 SFOpportunity ZoneYes 

INVESTMENT HIGHLIGHTS

  • 5321 Cameron Street spans 20,980 SF on 1.2 acres and presents a versatile acquisition opportunity with high-end elements and mixed-use potential. 
  • Live event center with engineered audio-visual and lighting systems and an expandable 24’x16’ concert stage with a 22’ HD TV and 33’ lighted onyx bar.
  • Large warehouse w/ racking and storage, 5 grade-level doors, 90 security cameras w/ 24 terabytes of storage, 500 meg fiber optics, and extensive FF&E.
  • Well-positioned for uses as a warehouse, night club, commercial kitchen, wedding venue, ghost kitchen, brewery, cold storage facility, and much more. 
  • State-of-the-art commercial kitchen w/ 30’ Ansul fire suppression hood for “full coverage,” 3 walk-in coolers, and 2 freezers (2 forklift accessible).

EXECUTIVE SUMMARY

5321 Cameron Street presents a unique and versatile commercial real estate opportunity. Situated on 1.2 acres, the fully customized and immaculately maintained property features a 20,980-square-foot building strategically located in the heart of the rapidly growing Southwest Las Vegas market. Originally built and still operational as a commissary kitchen, food production facility, and large warehouse for local restaurant chains, it has evolved into a premier venue for live entertainment and events. This property possesses a unique blend of valuable licenses, including banquet or theater, catering, live entertainment, outdoor dining/drinking, and a full bar with catering and two portable liquor licenses—rare in Las Vegas and typically granted only to major casinos. Further, the property at 5321 Cameron Street boasts strategic zoning, being zoned for M-1 light manufacturing, which provides flexibility for various industrial and commercial uses.

The facility comprises a professional-grade commercial kitchen, extensive walk-in and forklift-accessible coolers, freezers, office spaces, a large warehouse, and a state-of-the-art event center, and has been meticulously maintained with a newer roof, multiple A/C units, and swamp coolers. Positioned near major transport routes, it offers excellent accessibility. The property is part of a market with a very low vacancy and competitive rents.

The versatile property at 5321 Cameron Street is ideal for a wide range of events, making it a perfect choice for various occasions. In the entertainment category, the space is well-suited for concerts, performances, tailgate and pregame parties, podcasts, video game and live stream events, and more. Sporting events can be hosted with ease, accommodating activities such as boxing, mixed martial arts, wrestling, and e-sports tournaments. The venue is also adaptable for special celebrations, allowing for the transformation of the space for holiday and birthday parties, weddings, receptions, family reunions, anniversaries, and celebrations of life. Elevating philanthropic initiatives, the property can be utilized for charity events and fundraisers. The state-of-the-art industrial kitchen is available for catering events and commissary use. It provides a distinctive environment for company parties, fostering memorable and engaging gatherings. Additionally, the spacious layout and high-tech amenities make it an excellent choice for corporate team building and training sessions. The property is versatile enough to set the stage for film screenings, premieres, and cinematic events. It can also be transformed into a vibrant marketplace for local artisans, vendors, and specialty shops during pop-up markets. Additionally, the space is well-suited for art exhibitions, offering a platform to showcase the work of local artists. All of this is enhanced by the expansive warehouse space, storage, racking systems, and five grade-level doors. Four of the doors give access to the warehouse and one gives access to event space. 

The investment potential is significant, especially in the growing Southwest Las Vegas market, where the unique features and prime location contribute to a growing demand. The operational infrastructure is well-equipped with state-of-the-art facilities, including a 30-foot Ansul fire suppression hood in the kitchen with full coverage, multiple walk-in coolers and freezers, industrial-zoned kitchen for commissary use, offices, breakroom, surveillance room with indoor and outdoor monitoring, warehouse space for personnel and equipment, and an 800-square-foot mezzanine level for storage. The property comes with a five-station POS system and Extensive High-End FF&E (furniture, fixtures, and equipment). The sale includes a wide range of high-quality assets. Furthermore, the property is ready for immediate use by new owners, making it particularly attractive to buyers seeking a fully equipped facility with a warehouse strategically located near iconic Las Vegas entertainment locations.

Contact Derek Rose to learn more about 5321 Cameron Street

    • Type

      Industrial
      Event Center
    • Build

      1998
    • Size

      20,980 Sqft
    • Lot Size

      1.2 AC
    Property Video
    Property Map
    User Login

    Lost your password?
    Cart 0