1023 Emerald Bay Road South Lake Tahoe, CA 96150

Building Details

Year Built

1974

Listing office NAI Tahoe Sierra s***@naitahoesierra.com Show Phone

Listing date Nov 21, 2025

Source Naiglobal

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Investment Insights

Based on property information with market context.

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.

Key Highlights

• 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.

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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.