501 & 509 S 6th Street / 651 E Clark — Downtown Office Portfolio

We offer a three-building office portfolio at 501 and 509 S 6th Street and 651 E Clark Avenue for $1,600,000. The approximately 0.47-acre corner property brings together about 4,542 square feet of one-story improvements in Downtown Las Vegas. We are marketing the buildings together as one acquisition, with existing income and a vacant component for a buyer to evaluate.

The buildings have distinct sizes and occupancy. At 501 S 6th Street, approximately 1,628 square feet is occupied. The building at 509 S 6th Street provides approximately 2,194 vacant square feet. A third, approximately 720-square-foot building at 651 E Clark Avenue is occupied. The occupied buildings remain part of the investment sale; only the vacant building is presented for potential owner use. Existing leases include sale-related cancellation provisions requiring 60 days’ notice, subject to review of the executed agreements.

Our offering occupies the southeast corner of Clark Avenue and 6th Street. Professional Office and Parking (P-R) zoning establishes the starting point for a buyer’s review of continued office use or a different development concept. Any redevelopment remains subject to applicable approvals, site requirements and feasibility. We do not represent a future project as already entitled.

The downtown setting places the property near government offices, the Federal Justice Center and Clark County Justice Center. Interstate 15 and other regional connections serve the area, while restaurants, services and cultural destinations contribute to the surrounding business district. At approximately $352.27 per building square foot, this combined offering gives buyers a defined footprint and a clear building-by-building occupancy picture. Contact Michael Greene, Luke Ramous and Hayim Mizrachi for a property review.