3678 Lake Tahoe Blvd

3678 Lake Tahoe Blvd , South Lake Tahoe, California, 96150 | 10,114 sq.f | $ 3,750,000

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About This Restaurant

Investment Highlights

Free-Standing Retail/Restaurant Building: This offers independence and visibility, ideal for attracting customers. Located in an Opportunity Zone: This designation can offer tax incentives for investment, making it an attractive option for potential buyers. Nearby Ski Run Marina and Marina Shops add to the appeal of this location for residents and visitors. Verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage. Excellent Exposure, Identity, and Access: Being situated on Lake Tahoe Boulevard (Highway 50) ensures high traffic and easy access.

Executive Summary

Free-standing restaurant site situated on a 1.15 acre parcel on Lake Tahoe Blvd. The building consists of 10,114 sf with 8,710 +/- sf on the ground floor. 1,404 sf +/- on the second floor. This site offers 90 parking stalls on a paved lot. Property is verified with 8,710 sq. ft. of CFA and 44,310 sq. ft. of coverage. The property is situated in three distinct development zones of Tourist Core and Town Center for South Lake Tahoe and a Federally approved Opportunity Zone.

Property Details

  • Sale Type    Investment or Owner User
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    10,114
  • Building Class    C
  • Year Built    1946
  • Price    3,750,000
  • Price Per SF    371
  • Tenancy    Single
  • Building Height    2 Stories
  • Building FAR    0.20
  • Land Acres    1.15 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail IHOP
Retail Whole Foods
Retail Chase Bank
Retail Panda Express
Retail Five Guys
Retail Safeway
Retail Starbucks
Retail Baja Fresh
Retail Applebee's
Retail Oakley
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 3678 Lake Tahoe Blvd , South Lake Tahoe, California, 96150