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1023 Emerald Bay Road South Lake Tahoe, CA 96150

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For Sale
$1,600,000

Multi-tenant retail center with long-term tenants and income growth.

Type:PRICE REDUCED: Multi-Tenant Retail
Property size:
4,812 SF
Added:
Nov 21, 2025
Days on Market:
133
Last Refresh:
Apr 1 at 10:58 pm

Property Features for 1023 Emerald Bay Road

General Information

Standard status
Active
Size
4,812 SF
Property subtype
PRICE REDUCED: Multi-Tenant Retail

Building Details

Year Built
1974

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Listing Contact
Scott Fair
Scott Fair

Listing agent Scott Fair License #CalDRE #01761504

Listing office NAI Tahoe Sierra

Listing date Nov 21, 2025

Source Naiglobal

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of NAI Tahoe Sierra


Overview

South Lake Tahoe Retail Center

This 4,812 square-foot multi-tenant retail center is located at the "Y" intersection in South Lake Tahoe. Constructed in 1974, the four-unit building offers high visibility and is anchored by established tenants, including Subway, with a McDonald’s adjacent to the property. The property is positioned across from the expanding Sugar Pine Village, a development featuring 248 residential units. The center is fully leased with long-term tenants in place, each benefiting from 3% annual rent increases. A brand-new roof was completed in September of 2024. This property offers investors income generation and long-term protection for their investment. South Lake Tahoe is experiencing a revival, with old motels transforming into trendy lodgings, a growing craft brewery scene, new restaurants on the rise, and hundreds of luxury condos set to hit the market. The location at South Lake Tahoe’s busy "Y" intersection is ideal, and the limited new development in the area ensures long-term investment security. Seller financing may be available.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Lady Luck Skate ... (Bike/Boat/Book/etc) Store

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Dental Office Spa & Massage Center Big Box & Wholesale Store Hair Salon Auto Repair Shop Pharmacy

Zoning and permitted uses should be independently verified with local authorities.

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  • Coinstar Kiosk | Bitcoin ATM Raley's, 1040 Emerald Bay Rd, South Lake Tahoe, CA 96150
  • Alpine Center 1950 Lake Tahoe Blvd, South Lake Tahoe, CA 96150

Location Insight

  • Map
  • Local Demand
City
South Lake Tahoe
County
El Dorado
State
California
Longitude
-120.003
Latitude
38.9118

FAQs

What type of property is this?
Shopping center - Multi-tenant retail center with long-term tenants and income growth.
Where is this shopping center located?
The property is located at 1023 Emerald Bay Road South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Prime location at the high‑traffic 'Y' intersection in South Lake Tahoe, adjacent to McDonald's and anchored by Subway.; Fully leased with long‑term tenants, providing stable and consistent income.; Located across from the rapidly expanding Sugar Pine Village (248 residential units), promising increased foot traffic and business.
More about this property
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