3678 Lake Tahoe Blvd
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3678 Lake Tahoe Blvd
10,114 SF Retail Building South Lake Tahoe, CA 96150 $2,995,000 ($296/SF)
Investment Highlights
- Free-Standing Retail/Restaurant Building: This offers independence and visibility, ideal for attracting customers.
- Located in an Opportunity Zone: This designation can offer tax incentives for investment, making it an attractive option for potential buyers.
- Nearby Ski Run Marina and Marina Shops add to the appeal of this location for residents and visitors.
- Verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage.
- Excellent Exposure, Identity, and Access: Being situated on Lake Tahoe Boulevard (Highway 50) ensures high traffic and easy access.
Executive Summary
Free-standing restaurant site situated on a 1.15 acre parcel on Lake Tahoe Blvd. The building consists of 10,114 sf with 8,710 +/- sf on the ground floor. 1,404 sf +/- on the second floor. This site offers 90 parking stalls on a paved lot. Property is verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage. The property is situated in three distinct development zones of Tourist Core and Town Center for South Lake Tahoe and a Federally approved Opportunity Zone.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
10,114 SF
Building Class
C
Year Built
1946
Price
$2,995,000
Price Per SF
$296
Tenancy
Single
Building Height
2 Stories
Building FAR
0.20
Land Acres
1.15 AC
Opportunity Zone
Yes
Zoning
Tourist Core - Located in an Opportunity Zone: This designation can offer tax incentives for investment, making it an attractive option for potential buyers.
Parking
90 Spaces (8.9 Spaces per 1,000 SF Leased)
Amenities
- Restaurant
- Signage
Walk Score ®
Very Walkable (76)
Bike Score ®
Very Bikeable (87)
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 027-071-030-000 | Improvements Assessment | $1,100,000 |
| Land Assessment | $1,500,000 | Total Assessment | $2,600,000 |
PROPERTY TAXES
Parcel Number
027-071-030-000
Land Assessment
$1,500,000
Improvements Assessment
$1,100,000
Total Assessment
$2,600,000
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3678 Lake Tahoe Blvd
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