1023 Emerald Bay Rd
South Lake Tahoe, CA 96150

$1,600,000 USD

General Retail For Sale • 4,812 SF

Property Details

Property Type General Retail
Total Building Size 4,812 SF
Lot Size 0.33 AC
Building Class C
Year Built 1974
Tenancy Multiple
Zoning GC

0 Transit Score

65 Walk Score

                
                    Highlights
                
                                Prime Location: 4,812 SF retail center at South Lake Tahoe’s busy "Y" intersection, anchored by Subway and adjacent to McDonald’s.
                            
                                Growing Development: Located across from the expanding 248-unit Sugar Pine Village, driving future foot traffic.
                            
                                Fully Leased: Long-term tenants in place, ensuring stable income for investors. Seller Financing may be available.
                            
                                Annual Rent Increases: Tenants have 3% annual rent bumps, providing consistent revenue growth.
                            
                                High Barriers to Entry: Limited new development in the area ensures long-term investment security.
                            
                                Brand new roof was completed in September of 2024.