Lake Tahoe Commercial Real Estate

Iconic Tahoe City Commercial Building on 10 plus Acres

Iconic Tahoe City Commercial Building on 10 plus Acres
PENDING

The rarest of opportunities to capture North Lake Tahoe’s most high profile commercial real estate opportunities. The ‘Tahoe Tree Company’ building one-half mile from the Tahoe City was sold to and re-purposed by the Tahoe Maritime Museum. The Museum Board is liquidating its collection and selling the property. The 6500 sq.ft. building provides the opportunity for a variety of mixed-uses including multi-family, office, retail, grocery and more. Additionally, there is nine acres of land that has provided significant income from landscape companies and shared parking:
Tenant Summary:
Tahoe Tree Company is the only one with a current full lease
Mountain Magic and Green Envy had old leases that expired and
are now month to month.
New Moon leases some of our parking spaces
for the winter months.Tahoe Tree (land lease) nothing inside is leased (shared electrical … 70% of electric, water
sewer, property taxes) $2500 Terminates in October w/a debatable option
Mountain Magic $1600 (indoors 600 sq.ft. / 400 s.f. porch storage / four parking spaces)
Green Envy $2300 (all outdoors) pays prorated taxes (rent abatement 50% April/May)
This listing is available to view under our Corvid19 guidelines. Contact Michael Willette (530-448-6813) Ian McCloud (53-448-4584)

Property Details

Priced at 4,950,000
401 West Lake Blvd ... at Granlibakken Road
Tahoe City, CA 96145

MLS#: WAIVED
Square Feet: 6500
Current Use: Mixed use Commercial Residential
Occupants: 4 tenants
Acres: 10.6
View: open space
Zoning: Mixed Use
Plan Area: Tavern Heights
Parking Spaces: 30
ADA Status: unknown
BMP Status: pending
Sewer Status: pending
Loan Amt: n/a
Gross Income: 78000
Expenses: n/a
Net Income: n/a
Year Built: 1988

Status: PENDING
Sub Status: waived from MLS