970 Lodi Ave South Lake Tahoe, CA 96150-3515
- Retail space
- 9,936 SF
- 1.05 lot acres
Current Use by Public Records
- Retail space
Property Details for 970 Lodi Ave
- Year built
- 1961
- Construction
- TILT-UP CONCRETE
- Lot size
- 1.05 lot acres
- Property size
- 9,936 SF
- Zone code
- GC
- Property type
- Retail space
- APN
- 031-290-025-000
- APU
- 31290025000
Description
This exceptional 9,936-square-foot industrial property, located at 970 Lodi Ave, South Lake Tahoe, CA 96150, presents a unique owner-user opportunity. The single-story building, constructed in 1961, sits on a 1.05-acre lot and offers a versatile blend of retail and warehouse space, approximately 40% and 60% respectively. The property features two grade-level roll-up doors, providing convenient access for loading and unloading. Inside, you'll find functional office space and three restrooms. The building boasts a 14-foot clear height, maximizing storage and operational efficiency. Ample parking is available with 25 surface spaces. Currently vacant, this fee-simple property is ready for immediate occupancy. The property is zoned GC (Permitted Zoning) within the TRPA Plan Area Statement 103 (Sierra Tract Commercial), allowing for a variety of permitted uses and special uses with a permit. The asking price is $2,550,000, translating to $256.64 per square foot. This represents a compelling investment opportunity in a desirable South Lake Tahoe location. The building is classified as Class B and has one unit. The APN is 031-290-025-000.
Value Estimations
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,534,000
Market price range: $1.24M - $3.93M
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Location Insight
- Map
- Local Demand
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Longitude
- -119.99
- Latitude
- 38.9242
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA