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Tahoe Plaza 2311 Lake Tahoe Blvd

7,168 SF 86% Leased Office Building South Lake Tahoe, CA 96150 $1,600,000 ($223/SF)

Investment Highlights

  • Centrally located in South Lake Tahoe in close proximity to restaurants, shops, and endless recreation
  • Pro forma net operating income equates to a 7.53% capitalization rate
  • The Property represents a unique value-add investment or owner-user opportunity
  • Value add opportunity through gross up lease and/or bringing property up to 100% occupancy.

Executive Summary

NAI Tahoe Sierra is pleased to offer the fee simple interest in multi-tenant office building in South Lake Tahoe CA. The Property represents a unique value-add investment or owner-user opportunity. The subject property is centrally located in town and lies at the gateway to Tahoe Keys Marina.
The subject consists of an office building with 7,168± square feet and a leasable area of 6,021± square feet. The building is of wood frame construction with wood vertical shiplap style exterior and a composition and tile roof. Each floor has men and women’s restrooms. Roof and parking lot have recently been redone and property is in good condition for the Tahoe market.

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
7,168 SF
Building Class
B
Year Built
1978
Price
$1,600,000
Price Per SF
$223
Percent Leased
86%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
7,168 SF
Building FAR
0.61
Land Acres
0.27 AC
Zoning
GC - Centrally located in South Lake Tahoe in close proximity to restaurants, shops, and endless recreation.
Parking
50 Spaces (6.98 Spaces per 1,000 SF Leased)

MAJOR TENANTS Click Here to Access

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease End
  • 5 (23,24,25 Up)
  • -
  • 99,999 SF
  • -
  • -
  • Community College
  • -
  • 99,999 SF
  • -
  • -
  • Dr. Abelow/Elite
  • -
  • 99,999 SF
  • -
  • -
  • EN2 Resources
  • -
  • 99,999 SF
  • -
  • -
  • Jessica Monaloy
  • -
  • 99,999 SF
  • $9.99
  • -
  • P. Amsden
  • -
  • 99,999 SF
  • -
  • -
  • R Jeppson
  • -
  • 99,999 SF
  • -
  • -
  • Soli Acupuncture
  • -
  • 99,999 SF
  • -
  • -
  • Z Loan & Investment Inc
  • Finance and Insurance
  • 99,999 SF
  • -
  • -
Tenant Industry SF OCCUPIED RENT/SF Lease End
5 (23,24,25 Up) - 99,999 SF - -
Community College - 99,999 SF - -
Dr. Abelow/Elite - 99,999 SF - -
EN2 Resources - 99,999 SF - -
Jessica Monaloy - 99,999 SF $9.99 -
P. Amsden - 99,999 SF - -
R Jeppson - 99,999 SF - -
Soli Acupuncture - 99,999 SF - -
Z Loan & Investment Inc Finance and Insurance 99,999 SF - -

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Fl-Ste 4
  • 424 SF
  • Office
  • -
  • Now
  • 2nd Fl-Ste 7
  • 580 SF
  • Office
  • -
  • Now

NAI Tahoe Sierra is excited to present a unique leasing opportunity for a +/- 7168 sq. ft. multi-tenant office building in South Lake Tahoe, CA. Centrally situated, it is prominently positioned at the gateway to Tahoe Keys Marina. Hwy 50 frontage with excellent street visibility and signage.

Space Size Space Use Condition Available
1st Fl-Ste 4 424 SF Office - Now
2nd Fl-Ste 7 580 SF Office - Now

1st Fl-Ste 4

Size
424 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 7

Size
580 SF
Space Use
Office
Condition
-
Available
Now

2nd Fl-Ste 7

Size 580 SF
Space Use Office
Condition -
Available Now

NAI Tahoe Sierra is excited to present a unique leasing opportunity for a +/- 7168 sq. ft. multi-tenant office building in South Lake Tahoe, CA. Centrally situated, it is prominently positioned at the gateway to Tahoe Keys Marina. Hwy 50 frontage with excellent street visibility and signage.

Bike Score ®
Very Bikeable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
023-221-011-000
Land Assessment
$115,500
Improvements Assessment
$859,500
Total Assessment
$975,000
  • Listing ID: 32770613

  • Date on Market: 8/12/2024

  • Last Updated:

  • Address: 2311 Lake Tahoe Blvd, South Lake Tahoe, CA 96150

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