Multi-Suite Storefront
For Sale
$695,900
3816 Pioneer Trail, South Lake Tahoe, CA 96150
Well-maintained commercial complex with five business suites, on-site parking, fresh exterior paint, and wraparound Trex decking.
Property Size2,480 SF
Price / SF$280.60
Days on Market865
Property Features for 3816 Pioneer Trail
General Information
Standard status
Active
Size
2,480 SF
Property subtype
Commercial/Industrial
Site & Location
Corner Location
Yes
Road Access
Yes
Building Details
Year Built
1964
Tenancy
Multi
Listing Agency:
Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe
(530) 545-2493
Listed By:
Deb K. Howard · License #00799233
(530) 545-2493
Source:
Exitrealty
Added: Mar 21, 2024
Changed: Jul 31
Last Checked: Aug 1 at 11:01AM
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 Berkshire Hathaway Home Services Drysdale Properties - South Lake Tahoe
Investment Insights
Based on property information with market context.
This 2,480-square-foot storefront property is configured as a small commercial complex with five business suites. The building was constructed in 1964 and has been maintained with updated paint and flooring, fresh exterior paint, and wraparound Trex decking. On-site parking is provided on the spacious corner parcel, with access directly from Pioneer Trail.
The property is located in South Lake Tahoe on Pioneer Trail, a few blocks from Heavenly Village, Stateline, NV, Heavenly Ski Resort, Ski Run shops and restaurants, and Lake Tahoe beaches. Its location provides access to the surrounding resort, retail, dining, and recreation destinations. The existing multi-suite configuration supports continued occupancy by multiple business users or a range of storefront and office operations.
The property is located in South Lake Tahoe on Pioneer Trail, a few blocks from Heavenly Village, Stateline, NV, Heavenly Ski Resort, Ski Run shops and restaurants, and Lake Tahoe beaches. Its location provides access to the surrounding resort, retail, dining, and recreation destinations. The existing multi-suite configuration supports continued occupancy by multiple business users or a range of storefront and office operations.
Key Highlights
- 2,480‑square‑foot commercial complex
- Five business suites currently configured within the property
- Spacious corner parcel with on‑site parking
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 | $65.5k | $26.40 |
| − Vacancy | −$11.1k | −$4.49 |
| EGI | $54.3k | $21.91 |
| − OpEx | −$13.6k | −$5.48 |
| NOI | $40.8k | $16.43 |
2,480 SF · lease $26.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$582.2K
$509.5K – $679.3K
NOI $40,756 @ 7.0% cap · market cap 5.86%
Second Best
Retail
$504.1K
$441.1K – $588.1K
NOI $35,285 @ 7.0% cap · market cap 5.07%
Theoretical Best
Specialty Retail
$886.6K
$775.8K – $1.03M
NOI $62,065 @ 7.0% cap · market cap 8.92%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
27
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 96150, CA
29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Market
Vacancy Rate% for Office in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Storefront property - Well-maintained commercial complex with five business suites, on-site parking, fresh exterior paint, and wraparound Trex decking.
Where is this storefront property 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 $695,900.
What are key features of this property?
This property features: 2,480‑square‑foot commercial complex; Five business suites currently configured within the property; Spacious corner parcel with on‑site parking
