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Restaurant with Commercial Kitchen
For Sale
$2,450,000

3160 US Highway 50, South Lake Tahoe, CA 96150

Includes pizza ovens, walk-in refrigeration, bar seating, custom booths, and a game room.

Property Size3,652 SF
Price / SF$670.87
Days on Market534

Property Features for 3160 US Highway 50

General Information

Standard status Active
Size 3,652 SF
Total Parking Spaces 11
Property subtype Commercial/Industrial

Site & Location

Pylon Signage Yes
Highway Access Yes

Additional Details

Business Included Yes
Equipment Included Yes

Building Details

Year Built 2013
Buildings 1
Listing Agency: Engel & Volkers Lake Tahoe
Listed By: Jean C. Merkelbach · License #01129301
Source: Exitrealty
Added: Feb 15, 2025 Changed: Jul 31 Last Checked: Aug 2 at 4:37AM

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 Engel & Volkers Lake Tahoe

Investment Insights

Based on property information with market context.

Built in 2013, this 3,652-square-foot restaurant includes a commercial kitchen with top-of-the-line commercial appliances, multiple pizza ovens, multiple workspaces, and living quarters. The dining area features a gas log fireplace, counter seating, a bar, custom booths, and a game room. Inventory and all fixtures are included, along with the Bob Dog Pizza, Inc. trademark and copyright and Bob Dog Pizza logo.

The property at 3160 US Highway 50 in South Lake Tahoe offers approximately 70 feet of Highway 50 frontage, prominent signage, and easy ingress and egress. Site improvements include a fenced front yard with firepit, 11 parking spaces, and an internally illuminated freestanding monument sign. Additional equipment includes a 9 ft. x 9 ft. walk-in refrigerator and an 8-tap beer keg walk-in. Permits and plans are available upon request.

Key Highlights

  • 3,652‑square‑foot restaurant building constructed in 2013
  • Approximately 70 ft. of Highway 50 frontage with prominent signage
  • Commercial kitchen with multiple pizza ovens and multiple workspaces

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 $135.9k $37.20
− Vacancy −$14.0k −$3.83
EGI $121.9k $33.37
− OpEx −$30.5k −$8.34
NOI $91.4k $25.03
3,652 SF · lease $37.20/SF/yr · vacancy 10.30% · expense 25.00%

Alternative Uses

Best Use
Specialty Retail
$1.31M
$1.14M – $1.52M (±1% cap)
NOI $91,396 @ 7.0% cap · market cap 3.73%
Second Best
Industrial
$461.5K
$403.9K – $538.5K (±1% cap)
NOI $32,308 @ 7.0% cap · market cap 1.32%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick HVAC Service Big Box & Wholesale Store Grocery & Convenience Store (Bike/Boat/Book/etc) Store Storage Facility Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

798
Businesses Nearby
229k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 68% Dining 26% Home Improvements & Furnishings 4% Electronics 1%
Harrah's Lake Tahoe Hotels & Casinos
72,105 visits/mo 0.1 miles
Marriott's Timber Lodge Hotels & Casinos
39,685 visits/mo 0.2 miles
Golden Nugget Lake Tahoe Hotel & Casino Hotels & Casinos
39,069 visits/mo 0.2 miles
Starbucks Dining
23,072 visits/mo 0.4 miles
Jamba Juice Dining
14,164 visits/mo 0.4 miles

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 Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Includes pizza ovens, walk-in refrigeration, bar seating, custom booths, and a game room.
Where is this conventional restaurant located?
The property is located at 3160 US Highway 50 South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $2,450,000.
What are key features of this property?
This property features: 3,652‑square‑foot restaurant building constructed in 2013; Approximately 70 ft. of Highway 50 frontage with prominent signage; Commercial kitchen with multiple pizza ovens and multiple workspaces
More about this property
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