Industrial Building with Yard,
2087 and 2089 James Ave South Lake Tahoe, CA 96150
For Sale
$640,000
Industrial/office building with yard on 11,325 sq. ft. parcel.
Property Size2,950 SF
Price / SF$216.95
Days on Market250
Property Features for 2087 and 2089 James Ave
General Information
Standard status
Active
Size
2,950 SF
Property subtype
Industrial/Office
Building Details
Year Built
1969
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Nov 21, 2025
Changed: Jul 6
Last Checked: Jul 29 at 5:43AM
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 NAI Tahoe Sierra
Investment Insights
Based on property information with market context.
Located in South Lake Tahoe, this property features an industrial building with a yard, office space, and loading dock. The building offers approximately 2,950 square feet of space, including roughly 1,500 square feet of warehouse area with a 10-foot clear height. The current configuration includes four private offices, a reception area, a bullpen or receiving area, and a restroom. The yard provides approximately 6,098 square feet of outdoor space. Situated on a total parcel of approximately 11,325 square feet, the property includes a loading dock, kitchenette, and warehouse/receiving area. The current configuration is approximately 50% warehouse. South Lake Tahoe is experiencing a revival, with transformations in lodging, a growing brewery scene, and new restaurants. The area attracts business owners and workers interested in an active lifestyle centered around the Sierra Nevada mountains and Lake Tahoe.
Key Highlights
- Rare industrial/office building with yard and loading dock in South Lake Tahoe.
- +/-2,950 sq. ft. building with +/-6,098 sq. ft. yard on a +/-11,325 sq. ft. parcel.
- Includes a loading dock for efficient material handling.
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 | $77.9k | $26.40 |
| − Vacancy | −$13.2k | −$4.49 |
| EGI | $64.6k | $21.91 |
| − OpEx | −$16.2k | −$5.48 |
| NOI | $48.5k | $16.43 |
2,950 SF · lease $26.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$692.6K
$606.0K – $808.0K
NOI $48,480 @ 7.0% cap · market cap 7.58%
Second Best
Warehouse
$452.7K
$396.1K – $528.2K
NOI $31,690 @ 7.0% cap · market cap 4.95%
Theoretical Best
Specialty Retail
$1.05M
$922.9K – $1.23M
NOI $73,828 @ 7.0% cap · market cap 11.54%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- Hugo's Dry Dock II Mini Storage — 809 James Ave, South Lake Tahoe, CA 96150
- Hugo's Dry Dock — 795 James Ave, South Lake Tahoe, CA 96150
- Arco's Self Storage - South Lake Tahoe — 835 James Ave, South Lake Tahoe, CA 96150
- Struve Automotive — 927 Eloise Ave, South Lake Tahoe, CA 96150
- Self-Storage at U-Haul — 1105 Emerald Bay Rd, South Lake Tahoe, CA 96150
Frequently Asked Questions
What type of property is this?
Warehouse - Industrial/office building with yard on 11,325 sq. ft. parcel.
Where is this warehouse located?
The property is located at 2087 and 2089 James Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $640,000.
What are key features of this property?
This property features: Rare industrial/office building with yard and loading dock in South Lake Tahoe.; +/-2,950 sq. ft. building with +/-6,098 sq. ft. yard on a +/-11,325 sq. ft. parcel.; Includes a loading dock for efficient material handling.
