8791 Lk Blvd Kings Beach, CA 96143
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.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.