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2 Apartments, 3 Retail Spaces & 4 RV Sites 2218 Lake Tahoe Blvd 4,980 SF Retail Building South Lake Tahoe, CA 96150 $2,131,365 CAD ($427.98 CAD/SF) 7.98% Cap Rate
Executive Summary
Ideal for investors seeking a value-add or stable income asset in one of South Lake Tahoe's most desirable tourism-driven markets. Strong upside through lease optimization, renovation, or repositioning. Buyer to verify all unit count, square footage, permits, zoning, RV space legality, and allowable uses with the City/County. Property information based on available public/property records. It includes 2218 & 2214 Lake Tahoe and 1008 2nd Street.
Financial Summary (Pro Forma - 2026) |
Annual (CAD) | Annual Per SF (CAD) |
|---|---|---|
| Gross Rental Income |
$218,252
|
$39.68
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$218,252
|
$39.68
|
| Taxes |
$24,467
|
$4.45
|
| Operating Expenses |
$23,608
|
$4.29
|
| Total Expenses |
$48,075
|
$8.74
|
| Net Operating Income |
$170,177
|
$30.94
|
Financial Summary (Pro Forma - 2026)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $218,252 |
| Annual Per SF | $39.68 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $218,252 |
| Annual Per SF | $39.68 |
| Taxes (CAD) | |
|---|---|
| Annual | $24,467 |
| Annual Per SF | $4.45 |
| Operating Expenses (CAD) | |
|---|---|
| Annual | $23,608 |
| Annual Per SF | $4.29 |
| Total Expenses (CAD) | |
|---|---|
| Annual | $48,075 |
| Annual Per SF | $8.74 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | $170,177 |
| Annual Per SF | $30.94 |
Property Facts
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Approximately 1,650 SF of flexible commercial space available for lease on highly visible Lake Tahoe Boulevard in South Lake Tahoe. Suitable for retail, office, professional services, showroom, or specialty commercial uses. The space offers excellent street exposure, convenient access, ample nearby parking, and strong traffic counts along one of South Lake Tahoe's primary commercial corridors. Located near shopping, restaurants, lodging, and major tourist destinations, the property benefits from year-round local and visitor traffic. Ideal opportunity for businesses seeking a prominent location in the heart of South Lake Tahoe.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 1,650 SF | Retail | - | Now |
1st Floor
| Size |
| 1,650 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size | 1,650 SF |
| Space Use | Retail |
| Position | - |
| Available | Now |
Approximately 1,650 SF of flexible commercial space available for lease on highly visible Lake Tahoe Boulevard in South Lake Tahoe. Suitable for retail, office, professional services, showroom, or specialty commercial uses. The space offers excellent street exposure, convenient access, ample nearby parking, and strong traffic counts along one of South Lake Tahoe's primary commercial corridors. Located near shopping, restaurants, lodging, and major tourist destinations, the property benefits from year-round local and visitor traffic. Ideal opportunity for businesses seeking a prominent location in the heart of South Lake Tahoe.
Nearby Major Retailers
Property Taxes
| Parcel Number | 023-241-011-000 | Total Assessment | $2,193,966 CAD (2025) |
| Land Assessment | $686,085 CAD (2025) | Annual Taxes | $24,467 CAD ($4.91 CAD/SF) |
| Improvements Assessment | $1,507,881 CAD (2025) | Tax Year | 2026 |
Property Taxes
Presented by
2 Apartments, 3 Retail Spaces & 4 RV Sites | 2218 Lake Tahoe Blvd
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