NAI Tahoe Sierra is pleased to announce the lease offering of Teps Villa Roma Multi-Tenant retail center in the center of South Lake Tahoe. The offering is a two (2) property multi-tenant retail/restaurant building totaling +/-12,320 sq. ft. situated on a +/-40,075 sq. ft. parcel on Lake Tahoe Blvd. The building(s) are comprised of four (4) main retail units with flexible space configurations. The property has historically operated as Teps Villa Roma restaurant which has been a South Lake Tahoe establishment dating back to 1975. The four (4) units are currently demised into a restaurant, banquet/event room, coin shop, and a separate freestanding +/- 800 sq. ft. building. The restaurant is approximately +/-6,200 sq. ft. which includes cocktail lounge, bar, dining room, full kitchen, and men's and women's restrooms. The banquet room which can also be a separate retail tenant has operated as a wedding center, banquet hall, concert room, and host for multiple other group events. The banquet room is approximately +/-3,160 sq. ft. and has capacity for up to 200 people. The coin shop tenant is approximately +/-1,400 sq. ft. retail unit on Lake Tahoe Blvd. The last main retail unit is a separate building contiguous to the Teps building on 1022 Fairway Dr and is a +/-800 sq. ft. freestanding building on a +/-7,405 sq, ft. parcel. The remaining +/-760 sq. ft. of space in the building is a mix of office and storage that can be configured in multiple different combinations giving each main unit a flexible amount of space. The offering presents an investor a rare to find large plate commercial property on Lake Tahoe Blvd in the heart of South Lake Tahoe. The property presents a value add opportunity to either lease up and stabilize or redevelop in a high barrier of entry marketplace.