2230 Lake Tahoe BlvdSouth Lake Tahoe, CA 96150
- Retail space
- 5,841 SF
Property Details for 2230 Lake Tahoe Blvd
- Year built
- 1954
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.25 AC
- Property size (Sq ft)
- 5,841 SF
- Zone code
- GC
- Property type
- Retail space
- APN
- 023-251-017-000
- APU
- 23251017000
Description
This exceptional 5,812 square foot retail or special purpose property is situated on a 2.5-acre lot at 2230 Lake Tahoe Boulevard, boasting high visibility in the heart of South Lake Tahoe. The single-tenant building, constructed in 1954, is a stand-alone brick structure offering ample parking with over 10 spaces available. The property is zoned for General Commercial use and presents a unique opportunity for a variety of businesses. The entire 5,812 square feet is currently vacant, providing a blank canvas for a new tenant to customize the space to their specific needs. The property's location on Lake Tahoe Boulevard ensures significant foot traffic and exposure to a large customer base. With its convenient access and prominent positioning, this property is ideal for businesses seeking a high-profile location in a thriving tourist destination. The property's address is 2230 Lake Tahoe Blvd, South Lake Tahoe, CA, and its Assessor's Parcel Number (APN) is 023-251-017-000, located in El Dorado County. The single-story building offers a flexible layout adaptable to various commercial uses. This is a rare opportunity to acquire a substantial commercial property in a prime South Lake Tahoe location. The property's cross street is 2nd Street.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,713,458
- 6.5%
- $1,581,654
- 7%
- $1,468,679
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,370,577
- Geo Method
- $3,370,577
-
Alternative Use
- Use
- Valuation
- Residential
- $1,334,184
- Hospitality
- $1,222,106
- Educational
- $1,016,778
- Medical
- $1,051,746
- Retail
- $1,581,654
Location Insight
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Latitude
- 38.918
- Longitude
- -119.997
- CBSA code
- 40900
- CBSA name
- SACRAMENTO--ARDEN-ARCADE--ROSEVILLE, CA METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
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