Olsen Plaza
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Olsen Plaza
3 Properties Offered at $2,950,000 in Henderson, NV
Investment Highlights
- Zoning: Mixed-use, offering flexibility for redevelopment or owner-user opportunities.
- Proximity: Situated at the Gateway of Water Street, steps from Lake Mead Pkwy, and minutes from US 95 and the 215 Beltway.
- Redevelopment Opportunity: Prime location with exceptional potential for redevelopment in a vibrant, growing area.
- Property Size: Approximately 7,521 SF across two buildings on three parcels totaling 0.58 acres.
- Property Features: Two multi-tenant retail buildings with month-to-month leases, providing below-market rents.
Executive Summary
Hiltz Commercial Group proudly presents Olsen Plaza, located at 3-7-11 S. Water St., a prime Value-Add retail center on the southeast corner of Water Street and Victory Rd. Zoned for mixed use, this property offers significant potential for redevelopment or an owner-user looking to establish a presence in a vibrant area.
Situated at the Gateway of Water Street in Downtown Henderson, Olsen Plaza enjoys a premier location just steps from Lake Mead Pkwy and minutes from US 95 and the 215 Beltway. The property features two multi-tenant retail buildings with month-to-month leases, providing below-market rents and adjacent parking.
Olsen Plaza is an outstanding opportunity to acquire a mixed-use retail center in the heart of Downtown Henderson. Owner-users can tailor the space to meet their needs while generating income from the remaining units. Investors will recognize the exceptional redevelopment potential at this unparalleled location.
Situated at the Gateway of Water Street in Downtown Henderson, Olsen Plaza enjoys a premier location just steps from Lake Mead Pkwy and minutes from US 95 and the 215 Beltway. The property features two multi-tenant retail buildings with month-to-month leases, providing below-market rents and adjacent parking.
Olsen Plaza is an outstanding opportunity to acquire a mixed-use retail center in the heart of Downtown Henderson. Owner-users can tailor the space to meet their needs while generating income from the remaining units. Investors will recognize the exceptional redevelopment potential at this unparalleled location.
Property Facts
| Price | $2,950,000 | Number of Properties | 3 |
| Price / SF | $445.75 / SF | Individually For Sale | 0 |
| Sale Conditions | Redevelopment Project | Total Building Size | 6,618 SF |
| Sale Type | Investment or Owner User | Total Land Area | 0.58 AC |
| Status | Active |
| Price | $2,950,000 |
| Price / SF | $445.75 / SF |
| Sale Conditions | Redevelopment Project |
| Sale Type | Investment or Owner User |
| Status | Active |
| Number of Properties | 3 |
| Individually For Sale | 0 |
| Total Building Size | 6,618 SF |
| Total Land Area | 0.58 AC |
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
|
Olsen Plaza
7 S Water St, Henderson, NV 89015 |
Retail | 3,542 SF | 1981 | - |
| 11 S Water St, Henderson, NV 89015 | Retail | 3,076 SF | 1981 | - |
| 3 S Water St, Henderson, NV 89015 | Land | 0.14 AC | - | - |
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