South Lake Tahoe Commercial
3716 & 3717 Osgood Ave South Lake Tahoe, CA 96150
For Sale
$1,175,000
Two-story building with vacant lot in South Lake Tahoe.
Property Size4,000 SF
Lot Size0.57 Acres
Price / SF$293.75
Days on Market142
Property Features for 3716 & 3717 Osgood Ave
General Information
- Standard status
- Active
- Size
- 4,000 SF
- Lot size
- 0.57 Acres
- Property subtype
- Office/Warehouse
Listing Agency:
NAI Tahoe Sierra
(530) 525-2304
Listed By:
Scott Fair · License #CalDRE #01761504
(530) 525-2304
Source:
Naiglobal
Added: Mar 6
Changed: Jul 6
Last Checked: Jul 25 at 2:27AM
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.
The former Bonanza Produce distribution facility is available for sale. It consists of two parcels located at 3716 & 3717 Osgood Ave in South Lake Tahoe, CA. The offering includes a two-story building with approximately 4,000 square feet, as per TRPA land coverage verification records, situated on a parcel of approximately 4,792 square feet. An adjacent vacant lot offers approximately 20,038 square feet, bringing the total land area to approximately 24,830 square feet. The building offers flexible commercial use. It features two loading docks with dock levelers for efficient shipping and storage. The lower level is suitable for storage, shop, or distribution. The second level includes offices, a kitchen, and a full bathroom for live/work use, and ample parking and yard space.
Key Highlights
- ±24,830 sq. ft. total land area in South Lake Tahoe.
- ±4,000 sq. ft. two‑story building with flexible commercial use.
- Two loading docks with dock levelers for efficient shipping and storage.
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 | $105.6k | $26.40 |
| − Vacancy | −$18.0k | −$4.49 |
| EGI | $87.6k | $21.91 |
| − OpEx | −$21.9k | −$5.48 |
| NOI | $65.7k | $16.43 |
4,000 SF · lease $26.40/SF/yr · vacancy 17.00% · expense 25.00%
Alternative Uses
Best Use
Office B
$939.1K
$821.7K – $1.10M
NOI $65,736 @ 7.0% cap · market cap 5.59%
Second Best
Warehouse
$613.8K
$537.1K – $716.2K
NOI $42,969 @ 7.0% cap · market cap 3.66%
Theoretical Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,105 @ 7.0% cap · market cap 8.52%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Live-work space
FAQs
What type of property is this?
Mixed-use property - Two-story building with vacant lot in South Lake Tahoe.
Where is this mixed-use property located?
The property is located at 3716 & 3717 Osgood Ave South Lake Tahoe, CA.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: ±24,830 sq. ft. total land area in South Lake Tahoe.; **±4,000 sq. ft. two‑story building with flexible commercial use.**; **Two loading docks with dock levelers for efficient shipping and storage.**
