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    8791 Lake Blvd Kings Beach, CA 96143

    Sponsored
    For Sale
    $5,500,000

    Iconic Lake Tahoe location, move-in ready.

    Property size:
    6,172 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional, 6,172 square foot mixed-use building in Kings Beach, California, presents a unique owner-user opportunity. Located at 8791 N Lake Blvd, this vacant, two-story property sits on a 0.38-acre lot with 22 parking spaces and a secure trash enclosure. The building, renovated in 2007, boasts a spacious main floor of approximately 4,237 square feet and a second-floor deck of approximately 1,935 square feet offering stunning Lake Tahoe views. The property is zoned TB-MU-MTC and includes a full-service kitchen with prep, cook, dishwashing, and wait stations. The asking price is $5,500,000. Features include a large deck with umbrellas and patio heaters serviced by an elevator, a 600 kW natural gas generator, a gorgeous wood bar, decorative tile accents, distinctive light fixtures, and glazed tile flooring. The building's previous use as a restaurant accommodated 305 patrons (180 inside, 125 on the deck). Most fixtures, furniture, and equipment are included. Recent community improvements have enhanced the area's appeal, creating a vibrant, pedestrian-friendly commercial center. This property is ideal for a variety of uses, including retail, education, a cocktail lounge, or an event center. The APN is 090-192-056-000.

    Property Features for 8791 Lake Blvd

    General Information

    Property type
    Individual retail properties
    Square Feet
    6,172 SF
    Class
    C
    Lot Size
    16,553 SF

    Building Details

    Year Renovated
    2007
    Buildings
    1
    Stories
    2
    Units
    1

    HighLights

    • Stunning Lake Tahoe views.
    • Owner‑user opportunity in Kings Beach.
    • Move‑in ready 6,172 SF mixed‑use building.
    • Full‑service kitchen included.
    • 4,237 SF main floor & 1,935 SF second‑floor deck.
    • 22 designated parking spaces.
    Property Profile Location Intelligence

    Current Use by Public Records

    Bars

    Map

    City
    Kings Beach
    County
    Placer
    State
    California
    Longitude
    -120.01682620482
    Latitude
    39.234021860342

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    FAQs

    What type of property is this?
    Individual retail property - Iconic Lake Tahoe location, move-in ready.
    Where is this individual retail property located?
    The property is located at 8791 Lake Blvd Kings Beach, CA.
    What is the asking price?
    The asking price for this property is $5,500,000.
    What are key features of this property?
    This property features: Stunning Lake Tahoe views.; Owner-user opportunity in Kings Beach.; Move-in ready 6,172 SF mixed-use building.
    Request Owner's contact information
    8791 Lake Blvd Kings Beach, CA 96143
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    8791 Lake Blvd Kings Beach, CA 96143
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