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Tahoe Boat Shop and Business 1630 Shop St

6,500 SF Retail Building South Lake Tahoe, CA 96150 $3,250,000 ($500/SF)

Executive Summary

Existing business with real estate - Thirty plus years of marine business history in South Lake Tahoe; operating in this location since 2009 when the owner designed this state of the art property from the ground up to meet specific needs for a marine repair shop with many applicable features including a 4,000 sq. ft. warehouse with 800 sq. ft. of office, a 2,500 sq. ft. veranda closed on two sides within a fenced yard; situated on a +/-half acre parcel. Property includes a water recycling system, ceiling beams for electric hoists in building and veranda, and a solar box to be solar ready. The property exceeds TRPA standards with all BMP's installed. The warehouse has floor drains which go to underground water/oil separating tanks. Also, a complete fire suppression system with sprinklers throughout the building. All ADA requirements are met.
This full-service marine business has a large client base which includes approximately seventy (70) storage customers. Annual tourism to South Lake Tahoe swells over 3 million visitors a year.
Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.
Property Highlights
? State of the Art Facility - Marine Repair and Storage (Built in 2008) and business operating for thirty plus years.
? Full-service marine business has a large client base which includes approximately seventy (70) storage customers.
? Property includes 4,000 sf warehouse including 800 sq. ft. office and an additional 2,500 sq. ft. veranda closed on two sides.
? Four large bay doors for easy access to the warehouse
? Property is situated on a +/-1/2 acre parcel w/ fenced yard.
? Water reclamation system - in compliance with TRPA standards.
? High ceiling beams with electric hoists, and sliding pulley system for easy boat storage movement.
? Office area has a kitchenette, ADA bathroom with a washer and dryer, customer counter, parts room and storage space.
? Room for a second story above the office space.
? Annual tourism to South Lake Tahoe swells over 3 million visitors a year with a large second home population.
? Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
6,500 SF
Building Class
B
Year Built
2008
Price
$3,250,000
Price Per SF
$500
Tenancy
Single
Building Height
1 Story
Slab To Slab
10’
Building FAR
0.33
Lot Size
0.46 AC
Zoning
GCI
Parking
10 Spaces (1.54 Spaces per 1,000 SF Leased)
Frontage
81 FT on Shop St

Nearby Major Retailers

Peet's Coffee
Starbucks
Raley's
Beach Hut Deli
Smart & Final
El Dorado Savings Bank
South Tahoe Cross Fit
Jazzercise

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
032-313-023-000
Land Assessment
$133,965
Improvements Assessment
$569,890
Total Assessment
$703,855
  • Listing ID: 29921668

  • Date on Market: 10/30/2023

  • Last Updated:

  • Address: 1630 Shop St, South Lake Tahoe, CA 96150

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