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2197 Lake Tahoe Blvd 3,895 SF 100% Leased Retail Building South Lake Tahoe, CA 96150 $3,130,957 CAD ($803.84 CAD/SF)
Investment Highlights
- Versatile usage in a prime location
Executive Summary
We are pleased to present an exceptional investment opportunity: a retail building featuring five residential apartments, 2 commercial retail space, and a commercial space that is perfect for a coffee shop/ sandwich shop or small restaurant. There are also existing plans to build a 4 unit apartment house on the property. This unique property is strategically designed to cater to both commercial and residential needs, offering versatile usage in a prime location.
Property Facts
Sale Type
Investment
Property Type
Retail
Building Size
3,895 SF
Building Class
C
Year Built/Renovated
1942/2024
Price
$3,130,957 CAD
Price Per SF
$803.84 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Slab To Slab
9’
Building FAR
0.18
Lot Size
0.50 AC
Zoning
GC1 - General Commercial and residential.
Parking
26 Spaces (6.68 Spaces per 1,000 SF Leased)
Frontage
96’ on Lake Tahoe Blvd
Amenities
- Signage
Bike Score®
Very Bikeable (71)
Nearby Major Retailers
Property Taxes
| Parcel Number | 023-211-040-000 | Improvements Assessment | $1,493,589 CAD |
| Land Assessment | $711,233 CAD | Total Assessment | $2,204,823 CAD |
Property Taxes
Parcel Number
023-211-040-000
Land Assessment
$711,233 CAD
Improvements Assessment
$1,493,589 CAD
Total Assessment
$2,204,823 CAD
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2197 Lake Tahoe Blvd
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