3115 Harrison Ave - Restaurant FOR SALE


South Lake Tahoe, CA 96150
$3,300,000 USD
530-525-2304
3115 Harrison Ave, South Lake Tahoe, CA for Sale
$3,300,000 USD
Restaurant - FOR SALE
1/23
null | Request Cap Rate

3115 Harrison Ave
South Lake Tahoe, CA 96150


HIGHLIGHTS

  • ±8,100 SF multi-tenant restaurant/retail on ±15,246 SF parcel
  • Includes The Woods restaurant as owner-user opportunity
  • Three Pines Coffee occupies ±1,150 SF leased retail unit
  • Recently renovated with full kitchen and 7-barrel Smart Brew system
  • Seating for 126 indoors, 20 barstools, and 49 on patio; ABC Type 75 license included for full alcohol service
  • Seller financing available for qualified buyers

OVERVIEW

NAI Tahoe Sierra is pleased to offer for sale 3115 Harrison Avenue, a fully renovated multi-tenant restaurant property located just 100 yards from the lake and beach in South Lake Tahoe. This exceptional offering includes a turnkey bar and restaurant space currently operating as The Woods, presenting a prime opportunity for an owner-user or hospitality group seeking a prominent presence in a high-traffic corridor. The property also includes a separately leased retail space occupied by Three Pines Coffee, providing stable rental income and long-term flexibility. The ±15,246 square foot parcel includes approximately 8,100 square feet of total improvements, consisting of ±5,830 square feet of restaurant and bar space, ±1,124 square feet of office and storage, and a ±1,150 square foot leased commercial unit occupied by Three Pines Coffee. Onsite parking is included with the remainder of the land. Originally renovated just two years ago to a high standard, The Woods features a 7-barrel Smart Brew System, a fully equipped kitchen with a large Type 1 hood, walk-in cooler and freezer, stoves, fryers, broiler, flattop, convection ovens, and stainless-steel work surfaces. The restaurant includes indoor seating for 126, bar seating for 20, and an outdoor patio with seating for 49. An ABC Type 75 license is included, authorizing the sale of hard liquor, beer, and wine. This is a rare opportunity to acquire a high-quality, lake-adjacent hospitality asset with both owner-user potential and passive income from an established commercial tenant. Seller financing may be available for well-qualified buyers.

FOR SALE DETAILS

PRICE

$3,300,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,202 SF

ZONING

GC

APN/PARCEL ID

026-086-011-000

ASK ABOUT THIS PROPERTY

Scott FairNAI Tahoe SierraMore Info
530-525-2304

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Scott FairNAI Tahoe SierraMore Info
530-525-2304

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