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Investment Highlights

  • Turnkey Restaurant Building on US Highway 50 — Gateway to the Tahoe Basin
  • MAP-1 Zoning — Broadest Commercial Entitlement in Meyers
  • $482,820 in 2025 Gross Revenue — NOI Growing Year Over Year
  • Bike Trail Frontage — Positioned for Brewery, Taproom, or Recreation Hub

Executive Summary

Class A commercial building on US Highway 50 at the gateway to South Lake Tahoe, California, positioned on the busiest corridor into the Tahoe Basin. Built in 2013, 3,652 square feet across two stories on a 10,019 square foot lot with approximately 70 feet of Highway 50 frontage, 11 on-site parking spaces, and an internally illuminated freestanding monument sign.
The parcel sits in the Meyers Community Center district (MAP-1) under the 2018 Meyers Area Plan, one of the most flexible commercial zones in the Tahoe Basin. Permitted uses by right include eating and drinking establishments, food and beverage sales, retail, professional offices, personal services, bed and breakfast, amusement and recreation services, and small-scale food production. Hotels, motels, and additional employee housing are available by conditional use permit. The Area Plan explicitly supports tourist-serving, recreation-oriented businesses that reinforce Meyers mountain culture and the walkable community vision.
The building operates as a full-service restaurant. The kitchen is built out to production brewery, taproom, or destination restaurant standards: multiple deck pizza ovens, a 9 ft x 9 ft walk-in refrigerator, an 8-tap beer keg walk-in cooler, commercial-grade appliances, and multiple workstations. The dining area features a gas log fireplace, full bar, counter seating, custom booths, and a office space. Upstairs is a second-floor living quarters (currently used as an office), allowed by right as employee housing for commercial buildings over 1,000 square feet of commercial floor area. Outside is a fenced front yard with firepit and on-site parking.
The location is uniquely positioned for a destination concept. Meyers is the primary South Shore entry point from the Bay Area, Sacramento, and Central Valley. The Pat Lowe Memorial Bike Trail runs along US 50 past the property, connecting Meyers to South Lake Tahoe and the planned South Tahoe Greenway Multi-Use Trail corridor. Within minutes of the building: Tahoe Paradise Golf Course, Upper Truckee River access, Washoe Meadows State Park, Echo Summit, Heavenly Mountain Resort, Kirkwood Mountain Resort, and the El Dorado National Forest trail system.
Inventory, all fixtures, the Bob Dog Pizza trademark and logo, and the illuminated monument sign convey with the sale. Permits and plans available on request. Whether the next chapter is a production brewery and taproom, a destination restaurant, a recreation-oriented retail hub, or a continuing owner-operator concept, 3160 US Highway 50 offers turnkey commercial infrastructure, broad entitlements, and a Highway 50 address in Meyers, California at the gateway to South Lake Tahoe.

Data Room Click Here to Access

Financial Summary (Actual - 2025) Click Here to Access

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income - -
Other Income - -
Vacancy Loss - -
Effective Gross Income - -
Net Operating Income $99,999 $9.99

Financial Summary (Actual - 2025) Click Here to Access

Gross Rental Income (CAD)
Annual -
Annual Per SF -
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual -
Annual Per SF -
Net Operating Income (CAD)
Annual $99,999
Annual Per SF $9.99

Property Facts

Sale Type
Investment or Owner User
Sale Conditions
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,652 SF
Building Class
B
Year Built
2013
Price
$3,351,208 CAD
Price Per SF
$917.64 CAD
Cap Rate
6.89%
NOI
$230,735 CAD
Tenancy
Single
Building Height
2 Stories
Building FAR
0.29
Lot Size
0.29 AC
Zoning
Commercial MAP-1 - MAP-1 is the most permissive commercial zone in the Meyers Area Plan, designed to serve as the economic and social core of the Meyers community.
Frontage
70’ on US Highway 50

Amenities

  • Fireplace
  • Restaurant
  • Signage
  • Accent Lighting
  • Monument Signage
  • Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Moderately bikeable
60/100

Nearby Major Retailers

Cross Fit
Holiday Market, Inc.
Storagepro

Property Taxes

Property Taxes

Parcel Number
034-323-010-000
Land Assessment
$233,642 CAD
Improvements Assessment
$1,192,186 CAD
Total Assessment
$1,425,828 CAD
  • Listing ID: 40321194

  • Date on Market: 2026-04-28

  • Last Updated:

  • Address: 3160 Highway 50, South Lake Tahoe, CA 96150

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