3994 Pine Boulevard Active Save Request In-Person Tour Request Virtual Tour
South Lake Tahoe,CA 96150
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 2,920 sqft
Price per Sqft $780
MLS Listing ID 140434
Year Built 1947
Lot Size 9,148 Sqft
Acres 0.21
Property Description
Check out Video: https://listings.mousepadreno.com/videos/0190a268-73f2-7332-ba78-97d0d3b9e769 Investment opportunity in the heart of downtown South Lake Tahoe's Tourist Core Zone; Heavenly Ski Gondola, Heavenly Village, shopping, movie theatre, ice skating, casinos, the beach, and the new Convention and Event Center, are all within walking distance. Perfectly located at the end of a quiet Cul-De-Sac on the lakeside of HWY 50, without thru-traffic, and adjacent to open+ scenic space. Currently operating with seven units, all equipped for self-catering, one unit is a three bedroom apartment with full kitchen and dining area plus living room- could be used as owner's quarters or stay as profitable rental, two units are 1-bedrooms with living room, and 4 units are studios with kitchenettes. All units are newly and beautifully furnished throughout and with many upgrades done in 2022. There is an additional large laundry/ storage/ workshop area that could be further developed. Currently fully operated by a management company as Pine Tree Place units #1- #7. Popular in the winter ski season, the summer lake season with water sports and beach, plus additional concerts and events for year-round fun. Great blue-chip investment in prime downtown area.
Location
State CA
County El Dorado
Area Stateline
Zoning Other/See Remarks
Rooms
Other Rooms Three or More
Interior
Heating Natural Gas,Wall or Space Heater,Other/See Remarks
Cooling Natural Gas,Wall or Space Heater,Other/See Remarks
Flooring Carpet,Heavy Duty,Other/See Remarks
Exterior
Exterior Feature Other/See Remarks
Utilities Available ElectricityAvailable,City Sewer,NaturalGasAvailable,Cable TV,Telephone,City Water
Roof Type Composition,Other
Building
Story One
Foundation Concrete/Crawl Space,Slab,Other