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2311 Lake Tahoe Blvd South Lake Tahoe, CA 96150

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For Sale
$1,600,000

Multi-tenant office building in South Lake Tahoe, California.

Building Details

Year built
1978

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Listing Contact
Scott Fair
Scott Fair
Source: Naiglobal

Listing Agent: Scott Fair

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

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Overview

South Lake Tahoe Office Building

This multi-tenant office building is located in South Lake Tahoe, California. The property is centrally located and lies at the gateway to Tahoe Keys Marina. It comprises 11 unique suites. The property represents a value-add investment or owner-user opportunity. The South Shore of Lake Tahoe is home to approximately 36,359 residents and offers year-round recreation and leisure, employment, entrepreneurial ventures, health and wellness facilities and educational institutions. The area features four distinct seasons, 10,000-foot peaks and the crystal blue waters of the largest alpine lake in North America. The property is in close proximity to restaurants, shops, and endless recreation. Pro forma net operating income equates to a 7.53% capitalization rate. Value add opportunity exists through gross up lease and/or bringing property up to 100% occupancy.
Location Intelligence

Current Use by Public Records

Meyers Physical Therapy Medical Clinic Law Offices of Robert ... Law Firm Abelow Stephen P ... Physician Kaufman Raoul Marriage Or Relationship Counselor Catherine Aisner, Ph.D Physician

Suggested Use

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

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

Location Insight

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  • Local Demand
City
South Lake Tahoe
County
El Dorado
State
California
Longitude
-119.994678
Latitude
38.920412

FAQs

What type of property is this?
Office building - Multi-tenant office building in South Lake Tahoe, California.
Where is this office building located?
The property is located at 2311 Lake Tahoe Blvd 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: - Value-add investment or owner-user opportunity.; - Centrally located in South Lake Tahoe, near amenities and recreation.; - Pro forma 7.53% capitalization rate.
More about this property
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