Corner Retail-Office
3816 Pioneer Trail South Lake Tahoe, CA 96150
3816 Pioneer Trail, South Lake Tahoe, CA, 96150
$675,900
For Sale
$675,900
Well-maintained corner commercial complex with multiple office/retail suites and ample on-site parking.
Property Size2,500 SF
Price / SF$270.36
Days on Market881
Property Features for 3816 Pioneer Trail
General Information
- Standard status
- Active
- Size
- 2,500 SF
- Property subtype
- General Commercial
Building Details
- Year Built
- 1964
Listing agency
South Lake Tahoe
(530) 545-2493
Listed by
Berkshire Hathaway Home Services Drysdale Properties
(530) 545-2493
Source
Xome
Added: Feb 22, 2024 Updated: Jul 21 at 10:25PM Checked: Jul 21 at 10:25PM
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 South Lake Tahoe
Investment Insights
Based on property information with market context.
This small corner commercial complex is well maintained throughout, featuring updated paint and flooring, fresh exterior paint, and wrap-around trex decking. The property is configured to support multiple business spaces, with five business suites in place.
Set on a spacious corner parcel with lots of on-site parking, the complex is described by the seller as being in a high-visibility, high-traffic location on Pioneer Trail. It is also positioned just a few blocks from Heavenly Village and within blocks of the Heavenly Ski Resort, Ski Run shops and restaurants, and the Lake Tahoe beaches.
The seller notes it is the first commercial complex on the drive toward Stateline direction on Pioneer Trl. For financing, the seller will consider owner financing and wants to review all offers, with terms described as approximately 50% down.
Set on a spacious corner parcel with lots of on-site parking, the complex is described by the seller as being in a high-visibility, high-traffic location on Pioneer Trail. It is also positioned just a few blocks from Heavenly Village and within blocks of the Heavenly Ski Resort, Ski Run shops and restaurants, and the Lake Tahoe beaches.
The seller notes it is the first commercial complex on the drive toward Stateline direction on Pioneer Trl. For financing, the seller will consider owner financing and wants to review all offers, with terms described as approximately 50% down.
Key Highlights
- Nearly 2,500 SF corner commercial/office/retail complex on Pioneer Trail
- Small complex with 5 business suites in current business configuration
- Well‑maintained with paint and flooring plus fresh exterior paint and wraparound Trex decking
Local Financial Insights For Office B
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 | $66.0k | $26.40 |
| − Vacancy | −$11.2k | −$4.49 |
| EGI | $54.8k | $21.91 |
| − OpEx | −$13.7k | −$5.48 |
| NOI | $41.1k | $16.43 |
2,500 SF · lease $26.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$586.9K
$513.6K – $684.8K
NOI $41,085 @ 7.0% cap · market cap 6.08%
Second Best
Retail
$508.1K
$444.6K – $592.8K
NOI $35,570 @ 7.0% cap · market cap 5.26%
Theoretical Best
Specialty Retail
$893.8K
$782.1K – $1.04M
NOI $62,566 @ 7.0% cap · market cap 9.26%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Green Pellet Stoves
Big Box & Wholesale Store
Tahoe Management
Vacation Rental
Tamarack Rentals
Vacation Rental
Alpine Renewal
Medical Clinic
Amen Real Estate
Real Estate Agency
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Well-maintained corner commercial complex with multiple office/retail suites and ample on-site parking.
Where is this office units located?
The property is located at 3816 Pioneer Trail South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $675,900.
What are key features of this property?
This property features: Nearly 2,500 SF corner commercial/office/retail complex on Pioneer Trail; Small complex with 5 business suites in current business configuration; Well‑maintained with paint and flooring plus fresh exterior paint and wraparound Trex decking
