2311 Lake Tahoe Blvd - Office FOR SALE


South Lake Tahoe, CA 96150
$1,600,000 USD
530-525-2304
2311 Lake Tahoe Blvd, South Lake Tahoe, CA for Sale
$1,600,000 USD
Office - FOR SALE
1/9
null | Request Cap Rate

2311 Lake Tahoe Blvd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Centrally located in South Lake Tahoe in close proximity to restaurants, shops, and endless recreation
  • The Property represents a unique value-add investment or owner-user opportunity
  • Pro forma net operating income equates to a 7.53% capitalization rate
  • Value add opportunity through gross up lease and/or bringing property up to 100% occupancy.

OVERVIEW

NAI Tahoe Sierra is pleased to offer the fee simple interest in multi-tenant office building in South Lake Tahoe CA. The Property represents a unique value-add investment or owner-user opportunity. The subject property is centrally located in town and lies at the gateway to Tahoe Keys Marina. The subject consists of an office building with 7,168± square feet and a leasable area of 6,021± square feet. The building is of wood frame construction with wood vertical shiplap style exterior and a composition and tile roof. Each floor has men and women’s restrooms. Roof and parking lot have recently been redone and property is in good condition for the Tahoe market.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$223 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Tahoe Plaza

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

1978

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.27 AC

LAND SF

11,761 SF

ZONING

GC

APN/PARCEL ID

023-221-011-000

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.