1630 Shop Street South Lake Tahoe, CA 96150
State-of-the-art marine repair and storage facility with established business.
Property Features for 1630 Shop Street
General Information
- Standard status
- Active
- Size
- 6,500 SF
- Property subtype
- Industrial
Building Details
- Year Built
- 2008
Listing office NAI Tahoe Sierra (530) 525-2304
Listing date Nov 21, 2025
Source Naiglobal
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Investment Insights
Based on property information with market context.
Key Highlights
- Established marine business with 30+ years of history and existing client base of approximately 70 storage customers.
- State‑of‑the‑art facility (built in 2008) designed specifically for marine repair and storage.
- Prime location near Tahoe Keys Neighborhood, a large marina community with numerous homes with boat slips, and benefiting from 3 million annual tourists.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $140.4k | $21.60 |
| − Vacancy | −$8.3k | −$1.27 |
| EGI | $132.1k | $20.33 |
| − OpEx | −$39.6k | −$6.10 |
| NOI | $92.5k | $14.23 |
Alternative Uses
Property Analytics
Current Use by Public Records
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Similar Off Market Nearby
- StorQuest Express Self Service Storage — 1060 Industrial Ave, South Lake Tahoe, CA 96150
- Marine Performance — 1630 Shop St, South Lake Tahoe, CA 96150
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- Self-Storage at U-Haul — 1105 Emerald Bay Rd, South Lake Tahoe, CA 96150