Iconic Las Vegas Cabaret/Nightclub Near Formula One Track For Sale at $5,250,000
KW Commercial, a division of Keller Williams Realty Southwest in Las Vegas, Nevada announces their listing, Club Platinum, located at 311 E. Flamingo, Las Vegas, Nevada 89119.
This iconic nightclub is located in a high-traffic area, footsteps from the world-famous Las Vegas Strip. The property is situated at the southeast corner of E. Flamingo Road and Howard Hughes Parkway. Formula One’s $240 Million land purchase of 39 acres is also nearby. Starting in November 2023, the Las Vegas Grand Prix will weave its way through Las Vegas, including the Strip.
Irreplaceable History – Club Platinum has tremendous community brand recognition with historical performance, established customer base, in-place with net operating income, and additional billboard income.
Irreplaceable Real Estate – Only 3 blocks from Las Vegas Strip, less than 1 mile from Harry Reid International Airport, and surrounded by multiple convention centers. This +-2,100 SF building is situated on .5 acres with private parking. The zoning/planned land use is Limited Resort and Apartment (H-1) and Entertainment Mixed-Use (EM) under the jurisdiction of Clark County in Paradise Township. Expansion opportunities may be available.
Irreplaceable Licenses – This sale represents the opportunity to own legendary real estate with attractive licenses & entitlements. The property is entitled with a trifecta of licenses and entitlements including Adult Entertainment Cabaret License, Liquor & Restricted Gaming (15 machines or less).
KW Commercial is the commercial real estate arm of Keller Williams Realty, the number one real estate company in the United States. Our commercial team consists of the most knowledgeable, results-driven brokers backed by the most innovative and scalable technology the commercial real estate industry has to offer.
Karen Thomas, KW Commercial, a Division of Keller Williams Realty Southwest
6180 Brent Thurman Way #100