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Realty Point, Inc.

admin@realtypoint.net +1(916) 936-3930

$1,175,000

Est. payment - /mo

0.45 Acres Lot

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID 226035849

HOA Y/N No

Year Built 1972

Lot Size 0.450 Acres

Acres 0.45

Property Sub-Type Retail

Source MLS Metrolist

Property Description

Recently repositioned, this 4-unit commercial building is currently configured as a fully occupied 2-unit property, offering excellent visibility and access along the high traffic Hwy 50 corridor in South Lake Tahoe. Located in a thriving year round tourist market and surrounded by established retail and ongoing redevelopment, including a Save Mart currently under renovation, this location benefits from consistent activity and future growth potential. The property features two established tenants with in-place income and offers the flexibility to reconfigure into up to four separate suites, creating additional income potential or future owner-user opportunities. Recent operational improvements, including utility restructuring, provide added efficiency and the potential for improved returns over time. Additional highlights include ample on-site parking (including oversized vehicle capacity), monument signage, recent exterior paint, upgraded bathrooms, and a dedicated delivery/loading area. Ideally located near Bijou Community Park, golf courses, bike paths, and the lake, with convenient access to transit, recreation, and the Nevada state line, this property is well positioned for both investment and owner user use in one of Tahoe's most active commercial corridors. Fully leased property with staggered lease expirations. One unit available upon lease expiration in September 2028; second unit under longer-term lease.

Location

State CA

County El Dorado

Area 13301

Direction From Hwy 50, turn onto Al Tahoe Blvd. Property is located on the south side of the street within Tahoe Center.

Location Details Restaurant Nearby,Shopping Nearby,Strip Center

Interior

Heating MultiUnits

Cooling Roof Package Separate

Flooring Concrete

Window Features Weather Stripped

Exterior

Parking Features Common Area Shared, Public, Uncovered

Utilities Available Cable Available, Sewer Connected, Master Gas Meter, Underground Utilities, Natural Gas Connected

Water Access Desc Public

Roof Type Flat

Accessibility AccessibleApproachwithRamp

Handicap Access AccessibleApproachwithRamp

Building

Lot Description Corner

Foundation Slab

Sewer Public Sewer

Water Public

Others

Senior Community No

Tax ID 025-010-044-000

Special Listing Condition None

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Listed by Burns Group, Inc.

Nearby School & Business

Homes Availalbe by Area

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Realty Point, Inc.

+1(916) 936-3930

Real Estate Brokerage | CA DRE#02212763

Real Estate Brokerage CA DRE#02212763

1018 Al Tahoe BLVD South Lake Tahoe, CA 96150

Realty Point, Inc.

Key Details

Location

Interior

Exterior

Building

Others

Nearby School & Business

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