2494 Lake Tahoe Blvd - Retail FOR SALE


South Lake Tahoe, CA 96150
$3,200,000 USD
408-202-3243
2494 Lake Tahoe Blvd, South Lake Tahoe, CA for Sale
$3,200,000 USD
Retail - FOR SALE
1/12
null | Request Cap Rate

2494 Lake Tahoe Blvd
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • Heavy traffic visibility!

OVERVIEW

Prime multi-tenant investment opportunity offering strong existing income with substantial upside potential. This two-story commercial complex, complete with an elevator, is anchored by the well-established Maria’s Mexican Restaurant, a long-time tenant that drives consistent traffic to the site. The building features 18 units with multiple tenants, many currently on month-to-month leases, providing a rare chance for an investor to restructure rents, stabilize tenancy, and significantly increase revenue. With its solid anchor tenant, flexible lease profile, and multi-level layout, this property is ideal for both long-term hold strategies and value-add investors seeking income growth. A standout opportunity to acquire a dependable, multi-tenant commercial asset with built-in potential for enhanced returns.

FOR SALE DETAILS

PRICE

$3,200,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pine Cone Plaza

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1952

SPRINKLERS

-

PARKING SPACES

26

LAND DETAILS

LAND ACRES

0.69 AC

LAND SF

30,056 SF

ZONING

GC

APN/PARCEL ID

031-071-006-000

ASK ABOUT THIS PROPERTY

Margaret VierraEXIT Realty ConsultantsMore Info
408-202-3243

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Margaret VierraEXIT Realty ConsultantsMore Info
408-202-3243

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