1023 Emerald Bay Rd South Lake Tahoe, CA 96150

PRICE REDUCTION: Introducing a prime investment opportunity: a 4,812 square-foot multi-tenant retail center located at the iconic "Y" intersection in South Lake Tahoe. Built in 1974, this four-unit retail building boasts high visibility and is anchored by well-established tenants, including Subway, with a McDonald’s adjacent to the property. Positioned across from the rapidly expanding Sugar Pine Village, a development featuring 248 residential units, this property is ideally situated to benefit from increasing foot traffic and commercial activity in the area. Prime Location: 4,812 SF retail center at South Lake Tahoe’s busy "Y" intersection anchored by Subway and adjacent to McDonald’s. Growing Development: Located across from the expanding 248-unit Sugar Pine Village driving future foot traffic. Fully Leased: Long-term tenants in place ensuring stable income for investors. Annual Rent Increases: Tenants have 3% annual rent bumps providing consistent revenue growth. High Barriers to Entry: Limited new development in the area ensures long-term investment security. Brand new roof was completed in September of 2024. Seller Financing may be available.