The Collective

Property description:
The Collective – A Prime Opportunity in Downtown Las Vegas
 

The Collective is a landmark address on the prestigious Las Vegas Boulevard, offering up to ±5,236 SF of commercial space across two floors within the 9,004 SF, two-building project. Located at 511 Las Vegas Blvd, this ±5,236 SF portion comprises both the ±2,618 SF ground floor and a ±2,618 SF second floor, which can be leased together or separately.

The ground-floor suite—previously home to a popular coffee shop—is fully built out and primed for a new café, cocktail lounge, restaurant, retail storefront, fitness venue, or collaborative office. Outfitted with a grease trap and former coffee bar infrastructure, the space offers flexibility for a variety of hospitality-driven or creative concepts looking to activate a high-profile frontage.

The second floor adds additional versatility, offering space well-suited for office or creative users. Tenants may lease either floor independently or take advantage of the opportunity to secure the entire ±5,236 SF building for a flagship Downtown presence.

The Collective adjoins the Ever After Wedding Chapel at 515 Las Vegas Blvd, with the buildings sharing a zero lot line connection. This layout creates the potential for synergy between uses, especially for operators looking to align with special events, guest traffic, or adjacent retail opportunities. The second-floor space also presents additional synergy potential if leased in conjunction with the ground floor.

Situated steps from the Civic & Business Center and surrounded by the cultural pulse of Downtown Las Vegas, The Collective delivers visibility, flexibility, and the rare opportunity to lease along the “Ocean Front” of the city—Las Vegas Boulevard.

Property details:
PRICE $2.50 /ft² + $0.50 /ft² NNN
PROPERTY SIZE (GLA) ±9,004 SF
PROPERTY TYPE Mixed Use - Office over Retail
SUBMARKET Downtown Las Vegas
ZONING C-2, Las Vegas
YEAR BUILT / Renovated 1956 / 2024
LOT SIZE ±7.75 AC
KEY TENANTS Ever After Wedding Chapel, Wine Bar
VACANCY Upstairs Offices - 2,618 ft²
Site & Floor Plans:
Facebook
X

Would you like more information about this property?

Let us know!
related listings:

Trailer Terrace

221 N Maryland Pkwy
Las Vegas, NV 89101

drone photo of a trailer park
  • $1,300,000.00 5.50% CAP RATE

Trailer Terrace

221 N Maryland Pkwy

drone photo of a trailer park
  • $1,300,000.00 5.50% CAP RATE

Trailer Terrace

221 N Maryland Pkwy

drone photo of a trailer park
  • $1,300,000.00 5.50% CAP RATE
Scroll to Top