2229 Barton AveSouth Lake Tahoe, CA 96150

Property Details for 2229 Barton Ave

Year built

1986

Construction

WOOD

Lot size

0.25 AC

Property size (Sq ft)

1,248 SF

Zone code

GC

Property type

Healthcare properties

Property subtype

Medical offices

APN

023-251-018-000

APU

23251018000

Description

This exceptional 1,248-square-foot medical office building in South Lake Tahoe, California, presents a compelling investment opportunity. Located at 2229 Barton Ave, this single-story, Class B building sits on a 0.25-acre lot and boasts a desirable location within El Dorado County (APN: 023-251-018-000). Built in 1986 and extensively renovated in 2024, the property is currently vacant but offers significant potential. The building features two separately metered units, allowing for flexible configurations to suit various medical practices or office uses. The current layout includes two restrooms, four exam rooms easily adaptable to private offices, a reception area, an open office space, and a lab/break room with a kitchenette. The property is zoned GC and offers ample space for expansion or modification. With its prime location, recent renovations, and versatile floor plan, this property is ideal for owner-occupancy or as a lucrative investment. The asking price is $675,000, translating to $540.87 per square foot. This represents a strong value proposition in the competitive South Lake Tahoe market. Don't miss this chance to acquire a well-maintained, versatile medical office building with significant upside potential.

• CAP approach

  CAP return

  Valuation

  6%

  $249,048

  6.5%

  $229,891

  7%

  $213,470

• Comparable approach

  Method

  Valuation

  Relative Method

  $285,780

  Geo Method

  $285,780

• Alternative Use

  Use

  Valuation

  Residential

  $285,065

  Hospitality

  $261,118

  Educational

  $217,247

  Medical

  $224,718

  Retail

  $337,939

Location Insight

City

South Lake Tahoe

County

El Dorado

State

California

Latitude

38.9178

Longitude

-119.996

CBSA code

40900

CBSA name

SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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