222 S Bruce Street, Las Vegas, NV 89101, Las Vegas, 89101 - 3 bed, 2 bath
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Las Vegas, NV 89101
This unique Professional Office Zoned Asset represents a Strong Value Opportunity with a List Price of $600,000—positioned well below the $642,485 Fair Market Value by 6%. This valuation gap provides $42,485 in Instant Equity for buyers prepared to address the Condition Rating of 5. Featuring a rare 10-bedroom configuration and PR Zoning, the property offers immense ROI potential through commercial conversion or intensive residential rehabilitation. Located near downtown, it is a prime acquisition for Fix-and-Flip Investors or Commercial Developers.
Comparables within 1 miles sold in recently
| Address | Sold Price | Beds | Baths | Sq Ft | $/Sqft | Distance |
|---|---|---|---|---|---|---|
★ 222 S Bruce Street Subject | $600,000* List Price | 3 | 2 | 1,890 | $340 | - |
A 630 S 9th Street Sold | $440,000 | 3 | 1 | 1,139 | $386 | 0.9 mi |
B 2125 Elm Avenue Active | $499,000 List Price | 5 | 4 | 1,719 | $290 | 0.7 mi |
* Subject property listed price vs sold prices of comps.
Property is extensive renovation needed.
Built in 1952 and sold strictly 'As-Is,' this property requires substantial rehabilitation and modernization. The aging infrastructure likely necessitates a complete overhaul of electrical, plumbing, and HVAC systems to meet current codes, and the exterior shows significant deferred maintenance including cracked pavement and outdated security features.
The property features PR (Professional Office) zoning, providing exceptional versatility for conversion into a business space, medical office, or a high-yield investment property.
With a unique 10-bedroom configuration mentioned, this property offers substantial space for large-scale residential use or multi-office configurations rarely found in this area.
Situated near downtown Las Vegas and just 0.28 miles from the local elementary school, the location offers high visibility and accessibility for both clients and residents.
The property is being sold strictly in as-is condition, which likely necessitates a significant additional capital investment for repairs and modernization.
Built in 1952, the structure may require extensive updates to electrical, plumbing, and HVAC systems to meet modern commercial building codes and efficiency standards.
Unique 10-bedroom property with a PR (Professional Office) zoning, offering excellent potential for office use, conversion, or investment. Bring your vision and transform this versatile space. SOLD AS-IS!!
No exterior & parking available.
Grades PK-5 • 0.3 mi
Grades 6-8 • 1.2 mi
Grades 9-12 • 1.5 mi
No sensitive facilities data found.
| Feature | Subject | Average Home | Neighborhood Ranking (50 Listings) |
|---|---|---|---|
| Beds | 3.0 | 3.0 | 50% |
| Baths | 2.0 | 2.0 | 50% |
| Square foot | 1,890 | 1,248 | 82% |
| Lot Size | 6,970 | 6,098 | 80% |
| Price | $600.0K | $295.0K | 98% |
| Price per sq ft | $317 | $204 | 85% |
| Built year | 1952 | 1959 | 33% |
| HOA | $0 | $0 | 50% |
| Days on market | 77 | 1117 | 2% |
Feb 4, 2026
$600,000
Initial Listing