2230 Lake Tahoe Blvd South Lake Tahoe, CA 96150
- Retail space
- 5,841 SF
- 0.25 lot acres
Current Use by Public Records
- Limonada Tahoe / Breakfast Restaurant
Property Details for 2230 Lake Tahoe Blvd
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.25 lot acres
- Property size
- 5,841 SF
- Zone code
- GC
- Property type
- Retail space
- APN
- 023-251-017-000
- APU
- 23251017000
Description
This exceptional 5,812 square foot retail or special purpose property is situated on a 2.5-acre lot at 2230 Lake Tahoe Boulevard, boasting high visibility in the heart of South Lake Tahoe. The single-tenant building, constructed in 1954, is a stand-alone brick structure offering ample parking with over 10 spaces available. The property is zoned for General Commercial use and presents a unique opportunity for a variety of businesses. The entire 5,812 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's location on Lake Tahoe Boulevard ensures significant foot traffic and exposure to a large customer base. With its convenient access and prominent positioning, this property is ideal for businesses seeking a high-profile location in a thriving tourist destination. The property's address is 2230 Lake Tahoe Blvd, South Lake Tahoe, CA, and its Assessor's Parcel Number (APN) is 023-251-017-000, located in El Dorado County. The single-story building offers a flexible layout adaptable to various commercial uses. This is a rare opportunity to acquire a substantial commercial property in a prime South Lake Tahoe location. The property's cross street is 2nd Street.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $730,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $870,000
- 6.5%
- $840,000
- 7%
- $800,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $805,000
- Geo Method
- $825,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $925,000
- Retail
- $915,000
- Mixed-Use
- $835,000
- Hospitality
- $890,000
- Educational
- $850,000
- Residential Income
- $955,000
- Energy
- $810,000
- Income-Based Land
- $770,000
- Food Service
- $855,000
Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -119.997
- Latitude
- 38.918
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
