1630 Shop St - Freestanding FOR SALE


South Lake Tahoe, CA 96150
$3,250,000 USD
530-525-2304
1630 Shop St, South Lake Tahoe, CA for Sale
$3,250,000 USD
Freestanding - FOR SALE
1/8
null | Request Cap Rate

1630 Shop St
South Lake Tahoe, CA 96150


OVERVIEW

Existing business with real estate - Thirty plus years of marine business history in South Lake Tahoe; operating in this location since 2009 when the owner designed this state of the art property from the ground up to meet specific needs for a marine repair shop with many applicable features including a 4,000 sq. ft. warehouse with 800 sq. ft. of office, a 2,500 sq. ft. veranda closed on two sides within a fenced yard; situated on a +/-half acre parcel. Property includes a water recycling system, ceiling beams for electric hoists in building and veranda, and a solar box to be solar ready. The property exceeds TRPA standards with all BMP's installed. The warehouse has floor drains which go to underground water/oil separating tanks. Also, a complete fire suppression system with sprinklers throughout the building. All ADA requirements are met. This full-service marine business has a large client base which includes approximately seventy (70) storage customers. Annual tourism to South Lake Tahoe swells over 3 million visitors a year. Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips. Property Highlights ? State of the Art Facility - Marine Repair and Storage (Built in 2008) and business operating for thirty plus years. ? Full-service marine business has a large client base which includes approximately seventy (70) storage customers. ? Property includes 4,000 sf warehouse including 800 sq. ft. office and an additional 2,500 sq. ft. veranda closed on two sides. ? Four large bay doors for easy access to the warehouse ? Property is situated on a +/-1/2 acre parcel w/ fenced yard. ? Water reclamation system - in compliance with TRPA standards. ? High ceiling beams with electric hoists, and sliding pulley system for easy boat storage movement. ? Office area has a kitchenette, ADA bathroom with a washer and dryer, customer counter, parts room and storage space. ? Room for a second story above the office space. ? Annual tourism to South Lake Tahoe swells over 3 million visitors a year with a large second home population. ? Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.

FOR SALE DETAILS

PRICE

$3,250,000 USD

PRICE/SF

$500 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Tahoe Boat Shop and Business

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.46 AC

LAND SF

19,994 SF

ZONING

GCI

APN/PARCEL ID

032-313-023-000

ASK ABOUT THIS PROPERTY

Scott FairNAI Tahoe SierraMore Info
530-525-2304

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Scott FairNAI Tahoe SierraMore Info
530-525-2304

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.