3678 Lake Tahoe BlvdSouth Lake Tahoe, CA 96150

Property Details for 3678 Lake Tahoe Blvd

Year built

1946

Construction

WOOD

Lot size

1.15 AC

Property size (Sq ft)

10,114 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

027-071-030-000

APU

27071030000

Description

This exceptional freestanding retail or restaurant building, located at 3678 Lake Tahoe Blvd in South Lake Tahoe, California, presents a unique investment opportunity. The property boasts a substantial 8,710 square feet of vacant space, ideal for a variety of commercial uses. Situated on a generous 1.38-acre lot, the building offers ample parking with 90 spaces to accommodate customers and employees. Its prime location in El Dorado County, zip code 96150, provides excellent visibility and accessibility. The property is currently available for lease as a multi-tenant space, presenting a chance to establish a thriving business in a high-traffic area of South Lake Tahoe. The building's size and layout offer flexibility for various configurations, catering to the needs of multiple tenants or a single large-scale operation. With its convenient location and substantial square footage, this property represents a significant opportunity for businesses seeking a prominent presence in the vibrant South Lake Tahoe market. The ample parking ensures convenient access for patrons, contributing to a positive customer experience. This is a rare opportunity to secure a substantial commercial space in a desirable location. The property's size and features make it suitable for a wide range of retail or restaurant concepts. Contact us today to learn more about this exceptional property and its leasing potential.

• CAP approach

  CAP return

  Valuation

  6%

  $2,966,944

  6.5%

  $2,738,718

  7%

  $2,543,095

• Comparable approach

  Method

  Valuation

  Relative Method

  $5,836,332

  Geo Method

  $5,836,332

• Alternative Use

  Use

  Valuation

  Residential

  $2,310,211

  Hospitality

  $2,116,140

  Educational

  $1,760,604

  Medical

  $1,821,154

  Retail

  $2,738,718

Location Insight

City

South Lake Tahoe

County

El Dorado

State

California

Latitude

38.9487

Longitude

-119.956

CBSA code

40900

CBSA name

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

Property Tax & Assessments

FAQs

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