2197 Lake Tahoe Blvd - Retail FOR SALE


South Lake Tahoe, CA 96150
$1,900,000 USD
408-202-3243
2197 Lake Tahoe Blvd, South Lake Tahoe, CA for Sale
$1,900,000 USD
Retail - FOR SALE
1/6
null | Request Cap Rate

Oct '26


2197 Lake Tahoe Blvd
South Lake Tahoe, CA 96150


OVERVIEW

Prime Highway 50 frontage mixed-use property offering 8 rental units and exceptional visibility in a high-traffic corridor. This strategically positioned asset will combine commercial and residential income streams, providing investors with strong, diversified cash flow. The property sits on direct highway access in the front and James Avenue at the rear, ensuring maximum exposure and ease of ingress and egress for both commercial tenants and residents alike. The large lot provides for expansion capability. The commercial component benefits from outstanding drive-by traffic counts, making it an ideal location for retail, office, or service-based businesses. The property is currently vacant. This is a rare opportunity to acquire a mixed-use asset with significant upside potential and space for expansion. through rent growth and value-add improvements. Ideal for the seasoned investor seeking a foothold in one of the region's most visible and traveled commercial corridor.

FOR SALE DETAILS

PRICE

$1,900,000 USD

PRICE/SF

$488 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

2197 Lake Tahoe Blvd

PROPERTY TYPE

Retail

ADD'L SUBTYPES

Restaurant, Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1942

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

CROSS STREETS

NWC Hwy 50 & 3rd St

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

GC1

APN/PARCEL ID

023-211-040-000

ASK ABOUT THIS PROPERTY

Margaret VierraEXIT Realty ConsultantsMore Info
408-202-3243

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Margaret VierraEXIT Realty ConsultantsMore Info
408-202-3243

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.