3678 Lake Tahoe Blvd - Restaurant FOR SALE
South Lake Tahoe, CA 96150 |
$2,750,000 USD
530-525-2304
3678 Lake Tahoe Blvd
South Lake Tahoe, CA 96150
HIGHLIGHTS
- Free-Standing Retail/Restaurant Building: This offers independence and visibility, ideal for attracting customers.
- Verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage.
- Located in an Opportunity Zone: This designation can offer tax incentives for investment, making it an attractive option for potential buyers.
- Excellent Exposure, Identity, and Access: Being situated on Lake Tahoe Boulevard (Highway 50) ensures high traffic and easy access.
- Nearby Ski Run Marina and Marina Shops add to the appeal of this location for residents and visitors.
OVERVIEW
Free-standing restaurant site situated on a 1.15 acre parcel on Lake Tahoe Blvd. The building consists of 10,114 sf with 8,710 +/- sf on the ground floor. 1,404 sf +/- on the second floor. This site offers 90 parking stalls on a paved lot. Property is verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage. The property is situated in three distinct development zones of Tourist Core and Town Center for South Lake Tahoe and a Federally approved Opportunity Zone.
FOR SALE DETAILS
PRICE
$2,750,000 USD
PRICE/SF
$272 USD /SF
CAP RATE
Request Cap Rate
% LEASED
-
TENANCY
Single
SALE TYPE
Investment Or Owner User
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
2
YEAR BUILT
1946
SPRINKLERS
-
PARKING SPACES
90
LAND DETAILS
LAND ACRES
1.15 AC
LAND SF
50,094 SF
ZONING
Tourist Core
APN/PARCEL ID
027-071-030-000
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530-525-2304
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530-525-2304
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