960 Emerald Bay Rd - Freestanding FOR SALE


South Lake Tahoe, CA 96150
$3,025,000 USD
530-525-2304
960 Emerald Bay Rd, South Lake Tahoe, CA for Sale
$3,025,000 USD
Freestanding - FOR SALE
1/7
null | 5.18% Cap Rate

960 Emerald Bay Rd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Pet Supermarket anchored retail/office building
  • 8,896 SF building including seven (7) units
  • Situated at the busy intersection of the "Y" area in South Lake Tahoe considered the gateway to town
  • Zoned TC for versatile retail use
  • Prime location in South Lake Tahoe area
  • Excellent visibility and access for retail businesses

OVERVIEW

NAI Tahoe Sierra is pleased to announce the leased investment offering of 960 Emerald Bay Road South Lake Tahoe, CA. The subject property is +/-8,896 SF building, comprised of 7 units, and is anchored by Pet Supermarket. The second floor is comprised of six (6) individual small office units which are in demand in the South Lake Tahoe market. The property was built in 1964 and zoned TC, this property offers a versatile space suitable for a range of retail ventures. The prime location of being located at the busy intersection of the "Y" in the South Lake Tahoe area further enhances the property's appeal, promising excellent visibility and access for retail and office businesses. This property presents an attractive prospect for investors seeking a solid commercial asset with the potential for long-term growth and success in the Tahoe commercial market.

FOR SALE DETAILS

PRICE

$3,025,000 USD

PRICE/SF

$428 USD /SF

CAP RATE

5.18%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.82 AC

LAND SF

35,719 SF

ZONING

TC

APN/PARCEL ID

023-522-012-000

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.