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2197 Lake Tahoe Blvd 3,895 SF 100% Leased Retail Building South Lake Tahoe, CA 96150 $3,196,657 CAD ($820.71 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
$3,196,657 CAD
Price Per SF
$820.71 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 | $1,541,405 CAD |
| Land Assessment | $734,002 CAD | Total Assessment | $2,275,407 CAD |
PROPERTY TAXES
Parcel Number
023-211-040-000
Land Assessment
$734,002 CAD
Improvements Assessment
$1,541,405 CAD
Total Assessment
$2,275,407 CAD
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2197 Lake Tahoe Blvd
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