Updated Medical Office
2229 Barton Avenue South Lake Tahoe, CA 96150
For Sale
$549,000
Recently updated medical office building with multiple exam rooms, reception area, and lab/break room.
Property Size1,248 SF
Lot Size0.25 Acres
Price / SF$439.90
Days on Market464
Property Features for 2229 Barton Avenue
General Information
- Standard status
- Active
- Size
- 1,248 SF
- Lot size
- 0.25 Acres
- Property subtype
- General Commercial
Building Details
- Year Built
- 1986
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Thomas Fair
(530) 525-2304
Source:
Xome
Added: Apr 16, 2025
Changed: Jul 23
Last Checked: Jul 23 at 4:00AM
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.
A +/-1,248 square foot office medical building on a +/-0.25 acre parcel, recently updated and designed for medical use. The current interior configuration includes two restrooms, a reception area, an open office area, and a lab/break room with a kitchenette. Four exam rooms are in place and may be converted into private offices.
The property has potential to be demised into two separately metered units, which could support separate occupancies or future layout flexibility.
If you’re looking for an updated medical-oriented office layout, this building provides multiple room configurations today, with the added possibility of dividing into two metered units.
The property has potential to be demised into two separately metered units, which could support separate occupancies or future layout flexibility.
If you’re looking for an updated medical-oriented office layout, this building provides multiple room configurations today, with the added possibility of dividing into two metered units.
Key Highlights
- About 1,248 SF office/medical building on a +/-0.25‑acre parcel, built in 1986
- Recently updated medical office with reception area, multiple exam rooms, and lab/break room with kitchenette
- Includes 2 restrooms and 4 exam rooms that can be converted to private offices
Financial Insights For Healthcare Medical
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 | $41.9k | $33.60 |
| − Vacancy | −$4.3k | −$3.46 |
| EGI | $37.6k | $30.14 |
| − OpEx | −$15.0k | −$12.06 |
| NOI | $22.6k | $18.08 |
1,248 SF · lease $33.60/SF/yr · vacancy 10.30% · expense 40.00%
Alternative Uses
Best Use
Healthcare Medical
$322.4K
$282.1K – $376.1K
NOI $22,568 @ 7.0% cap · market cap 4.11%
Second Best
Office B
$293.0K
$256.4K – $341.8K
NOI $20,510 @ 7.0% cap · market cap 3.74%
Theoretical Best
Specialty Retail
$446.2K
$390.4K – $520.6K
NOI $31,233 @ 7.0% cap · market cap 5.69%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Patricia L. Ferraro, ...
Physician
South Lake Tahoe ...
Medical Clinic
Advanced Family Foot ...
Medical Clinic
Peak Medical Tahoe
Medical Clinic
Christine Dobrowolski
Physician
Similar Off Market Nearby
- Blue Lake Animal Care Center — 1154 Emerald Bay Rd, South Lake Tahoe, CA 96150
- Alpine Animal Hospital — 921 Emerald Bay Rd, South Lake Tahoe, CA 96150
FAQs
What type of property is this?
Medical Office Space - Recently updated medical office building with multiple exam rooms, reception area, and lab/break room.
Where is this medical office space located?
The property is located at 2229 Barton Avenue South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: About 1,248 SF office/medical building on a +/-0.25‑acre parcel, built in 1986; Recently updated medical office with reception area, multiple exam rooms, and lab/break room with kitchenette; Includes 2 restrooms and 4 exam rooms that can be converted to private offices
