First, I love Water St. It feels like a different world, small town and for lack of a better word... adorable. I truly think that with a bit of effort, it can have that must come to feeling like I'm having about Downtown Vegas.
Second, I think that Lovelady is helping that effort. The craft beer here is good. There is a vast selection with a lot of different varieties to choose from.
The atmosphere is great. You can sit inside and have a conversation or play a few games. But there is also an outdoor patio with a good amount of seating and a nice view of the mountains.
They don't serve food but be on the look-out for a food truck parked out front.