2724 Lake Tahoe BlvdSouth Lake Tahoe, CA 96150
- Retail properties
- 5,275 SF
Property Details for 2724 Lake Tahoe Blvd
- Year built
- 1978
- Lot size
- 0.80 AC
- Property size (Sq ft)
- 5,275 SF
- Zone code
- GC
- Property type
- Retail properties
- Property subtype
- Retail space
- APN
- 031-091-005-000
- APU
- 31091005000
Description
This exceptional South Lake Tahoe commercial property, located at 2724 Lake Tahoe Blvd, offers 5,275 square feet of versatile space ideal for a variety of uses. The two-story building, constructed in 1978, sits on a sizable 0.8-acre lot (34,848 square feet) and boasts a convenient mix of retail and office areas. The ground floor features approximately 1,000 square feet of shop space with a grade-level roll-up door, perfect for storage or light industrial needs, along with a retail area and two restrooms. Upstairs, find two private offices, a kitchenette, and a spacious open sales floor, providing ample room for administrative functions or additional retail display. The expansive yard offers abundant parking, equipment storage, or simply open space. The property is zoned GC and benefits from high visibility and accessibility on a major thoroughfare. This presents a unique opportunity to acquire a well-located commercial building in a desirable South Lake Tahoe location. The asking price is $1,995,000. The property's APN is 031091005. This Class B building offers a blend of retail and office space, making it a highly attractive investment opportunity.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $1,547,422
- 6.5%
- $1,428,390
- 7%
- $1,326,362
-
Comparable approach
- Method
- Valuation
- Relative Method
- $3,043,964
- Geo Method
- $3,043,964
-
Alternative Use
- Use
- Valuation
- Residential
- $1,204,900
- Hospitality
- $1,103,682
- Educational
- $918,251
- Medical
- $949,831
- Retail
- $1,428,390
Location Insight
- City
- South Lake Tahoe
- County
- El Dorado
- State
- California
- Latitude
- 38.9289
- Longitude
- -119.98
- 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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