Restaurant with Commercial
For Sale
$4,900,000
8791 N Lake Boulevard, Kings Beach, CA 96143
For sale restaurant property featuring a commercial kitchen along Main Street in Kings Beach.
Property Size6,172 SF
Days on Market218
Property Features for 8791 N Lake Boulevard
General Information
Standard status
Active
Size
6,172 SF
Total Parking Spaces
22
Zoning
Business
Taxes and HOA fees
Annual Taxes
$31,315
Amenities
Enclosed Storage, Elevator(s), Delivery Door, Common Restroom(s), Breakroom
Central Air
Forced Air
Asphalt, Off Street, On Street, Parking Lot
Building Details
Building Size
6,172 SF
Year Built
1936
Buildings
1
Stories
2
Listing Agency:
Engel & Volkers Incline Village
Listed By:
Bruce Soli
(775) 771-5801
Source:
Evrealestate
Added: Mar 18
Changed: Oct 19
Last Checked: Oct 20 at 8:13PM
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 Incline Village
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Investment Insights
Based on property information with market context.
This for-sale restaurant property includes a commercial kitchen setup, designed for foodservice operations. The offering is positioned as a commercial real estate asset suitable for an operator or buyer seeking an existing restaurant buildout.
The property is located at 8791 N Lake Boulevard in Kings Beach, California (Placer County). Directions are noted as “On Main Street,” supporting straightforward access for visitors and customers traveling through the immediate corridor.
For additional details on the kitchen configuration and the remainder of the premises, request the available property materials.
The property is located at 8791 N Lake Boulevard in Kings Beach, California (Placer County). Directions are noted as “On Main Street,” supporting straightforward access for visitors and customers traveling through the immediate corridor.
For additional details on the kitchen configuration and the remainder of the premises, request the available property materials.
Key Highlights
- Restaurant property on Main Street in Kings Beach
- Commercial kitchen included
- Central air cooling
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$162,556
Cap Rate
3.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,120
$3.3M
Cap Rate 7%
$2,322,229
$2.3M
Cap Rate 9%
$1,806,178
$1.8M
Market Conditions
NOI Build-Up for 6,172 SF
Gross rent
$229.6K $37.20/SF
− Vacancy
−$12.9K −$2.08/SF
EGI
$216.7K $35.12/SF
− OpEx
−$54.2K −$8.78/SF
NOI
$162.6K $26.34/SF
Area
Placer County, CA
Vacancy
5.60%
Lease Rate
$37.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$3,251,120
Cap Rate 7%
$2,322,229
Cap Rate 9%
$1,806,178
Alternative Uses
Best Use
Specialty Retail
$2.32M
$2.03M – $2.71M
NOI $162,556 @ 7.0% cap · market cap 3.32%
Second Best
Industrial
$1.09M
$950.1K – $1.27M
NOI $76,009 @ 7.0% cap · market cap 1.55%
Theoretical Best
Office A
$2.39M
$2.09M – $2.79M
NOI $167,255 @ 7.0% cap · market cap 3.41%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
1
Businesses Nearby
Explore this area
Business Placement
Demographics for 96143, CA
3,965
Population
2,824
Households
1.4
Avg Household Size
37
Median Age
34%
College-Educated
77%
High-School Grad
9.2 sq mi
ZIP Area
431
Density / Sq Mi
$65,841
Median Household Income
$34,120
Median Earnings
$1,232
Median Rent
$714,500
Median Home Value
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Market
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Commercial kitchen - For sale restaurant property featuring a commercial kitchen along Main Street in Kings Beach.
Where is this commercial kitchen located?
The property is located at 8791 N Lake Boulevard Kings Beach, CA.
What is the asking price?
The asking price for this property is $4,900,000.
What are key features of this property?
This property features: Restaurant property on Main Street in Kings Beach; Commercial kitchen included; Central air cooling
