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- LoopNet Team
177-195 Highway 50
Stateline, NV 89449
Lake Tahoe Retail/Restaurant (6.2 Cap) · Retail Property For Sale
PROPERTY FACTS
Amenities
- Air Conditioning
About 177-195 Highway 50 , Stateline, NV 89449
Charming Mixed-use Commercial Asset situated upon on three lots. The property boasts breathtaking views of South Lake Tahoe is located in a very busy area with traffic counts. Due to the overwhelming amount of tourism brought on by the Lake and local Casino’s, the properties retail space is highly sought after for local brick & mortar businesses. The property retains gaming entitlements and remains under the jurisdiction of NTRPA from it’s previous use. Current tenants are as follows: 3 restaurants, The UPS store and 3 Private Executive Office spaces currently leased by a legal practice law offices. Located at a stop light with ample on site parking and easements for parking on adjacent Douglas County owned property. Located in such a premium location, this asset will surely see strong growth in rents as time goes on.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $658,790 | |
| Land Assessment | $406,000 | Total Assessment | $1,064,790 |
PROPERTY TAXES
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