1079 Emerald Bay Rd South Lake Tahoe, CA 96150-6363
Property summary
This exceptional commercial property, located at 1079 Emerald Bay Road in South Lake Tahoe, California (zip code 96150), presents a unique investment opportunity. The property boasts a prime location with high visibility, situated at the entrance to South Lake Tahoe. The main building, a well-maintained two-story chalet-style structure, offers 2,050 square feet of space. The property sits on a substantial 24,394 square foot lot, providing ample room for expansion of the existing building. Currently, the main building has been utilized as a flower shop since 2001, with a smaller rear building leased to a massage therapist. The property is zoned for retail use and enjoys an enviable location adjacent to Goodwill, CVS, McDonald's, and across from Starbucks and Raley's Grocery Store. This high-traffic area, combined with excellent street frontage, makes this property ideally suited for a variety of commercial ventures. The asking price is $850,000. This is a rare opportunity to acquire a well-established commercial property in a thriving location with significant growth potential. The property is classified as Special Purpose, Industrial, and Land, with subtypes including Manufacturing, Commercial, and Other.
Property profile
VerifiedCap rate & NOI
Current use
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Tour Operator
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Law Firm
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Alternative Medicine Practice Spa & Massage Center
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(Bike/Boat/Book/etc) Store Florist
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
TC · South Lake Tahoe, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for TC in South Lake Tahoe, CA.
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