3542 Lake Tahoe Blvd South Lake Tahoe, CA 96150
For Sale
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This exceptional commercial property at 3542 Lake Tahoe Boulevard in South Lake Tahoe, CA, presents a unique investment opportunity. Boasting 5,591 square feet on a 0.43-acre lot, this two-story building offers significant potential for a variety of uses. Currently configured as a retail space (formerly a brewery and currently The Village Board Shop), the property benefits from high visibility and foot traffic due to its coveted Highway 50 frontage within the Tourist Core Area. Multiple permitted uses allow for flexibility in adapting the space to suit diverse business needs. Ample parking is available, and a charming front patio provides additional outdoor space, ideal for summer use. The property's strategic location near Ski Run Boulevard, Heavenly California base lodge, casinos, the new Tahoe Blue Events Center, and numerous hotels ensures maximum exposure and accessibility. The asking price is $1,950,000, translating to $375.60 per square foot. This is a rare chance to acquire a well-situated commercial property in a thriving tourist destination. The property's history as a successful business adds to its appeal, offering a proven track record in a high-demand location. Don't miss this chance to capitalize on the unique advantages of this prime South Lake Tahoe commercial real estate offering.
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The Village Board Shop (Bike/Boat/Book/etc) Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
GC · South Lake Tahoe, CASouth Lake Tahoe. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.