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$ 2,600,000
Est. payment | /mo
12,771 SqFt
$ 2,600,000
Est. payment | /mo
12,771 SqFt
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 12,771 sqft
Price per Sqft $203
MLS Listing ID 140135
Year Built 1975
Annual Tax Amount $37,200
Lot Size 0.500 Acres
Acres 0.5
Property Sub-Type Commercial
Property Description
Owner/User or Investment Property. 6 Unit well maintained Industrial Building which is a rare find in South Lake Tahoe. Excellent Location one block off Lake Tahoe Blvd., and Tahoe Keys. New Sewer Lines and Parking Lot in 2018. 5 out of 6 units have Roll Up doors with electronic openers. Unit 5 is currently vacant which makes this a great opportunity for Owner/User. Not a lot of Industrial Space available in town to offer. Property is located in Tahoe Valley Plan CMX-S which has many allowed uses. Retail, Industrial, Residential, see Land Use Matrix. Unit 1 is unique with a One Bedroom/One Bath apartment upstairs. Great mix of tenants. Easy to manage and low maintenance. Units are individually metered. Tenants responsible for Power/Gas, Refuse, and Snow Removal. Owner pays Sewer and Water, Taxes/Insurance and Common Area Gas for water heater that serves restrooms. All units have Mezzanine Space which Landlord does not charge for. Potential for additional revenue. The vacant unit, is partially built out with the metal framing, insulation, rough plumbing for ADA restroom and Kitchen, 789 square feet of additional Mezzanine Space framed in and 2 HVAC units ready for install. Asking $1.50/ft for the 2240 square feet of ground space.
Location
State CA
County El Dorado
Area Tahoe Island Park
Rooms
Other Rooms Two
Interior
Heating Natural Gas, Forced Air, Other/See Remarks
Cooling Natural Gas, Forced Air, Other/See Remarks
Flooring Concrete
Exterior
Utilities Available ElectricityAvailable, City Sewer, NaturalGasAvailable, Cable TV, Telephone, City Water
Roof Type Build-Up,Other
Building
Story Two
Foundation Concrete/Masonry
Others
Ownership Fee Simple
Miscellaneous Truck Door,Delivery Door
Listed by Coldwell Banker Select - LTB
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Cindy Hipwell
REALTOR® | Lic# CA 01350620 NV BS145655