3115 Harrison Ave South Lake Tahoe, CA 96150
Multi-tenant restaurant and retail property near the lake.
Property Features for 3115 Harrison Ave
General Information
- Standard status
- Active
- Size
- 8,100 SF
- Lot size
- 0.35 Acres
- Property subtype
- Restaurant
Building Details
- Year Built
- 2018
Listing office NAI Tahoe Sierra (530) 525-2304
Listing date Feb 26, 2026
Source Naiglobal
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All listing content including descriptions, pricing, images are the copyrighted material of NAI Tahoe Sierra
Investment Insights
Based on property information with market context.
Key Highlights
- Prime location: Just 100 yards from the lake and beach in South Lake Tahoe.
- Turnkey restaurant/bar: Features The Woods restaurant with a full kitchen and a 7‑barrel Smart Brew system.
- Multi‑tenant property: Benefit from rental income with a leased retail space, Three Pines Coffee.
Local Financial Insights For Specialty 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 | $301.3k | $37.20 |
| − Vacancy | −$31.0k | −$3.83 |
| EGI | $270.3k | $33.37 |
| − OpEx | −$67.6k | −$8.34 |
| NOI | $202.7k | $25.03 |
Alternative Uses
Property Analytics
Current Use by Public Records
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