Lake Tahoe Commercial Real Estate

Prime Downtown Kings Beach Mixed-Use Commercial Building

Prime Downtown Kings Beach Mixed-Use Commercial Building
SOLD

One of Kings Beach’s best locations for a mixed-use commercial / residential building. On the lakeside of the main road. Fantastic opportunity for new commercial enterprise with limited remaining terms on existing leases, or collect solid income from reliable tenant (will vacate). Commercial space has been nicely upgraded & is ADA compliant with new ramps. Three apts: 1. studio w loft 2. studio 3. one bedrm w loft. Commercial (been measured a couple of ways) is aprx ‘900 sq.ft’ 6 paved parking spaces  New deck overlooks State Park and the Lake.  

Land Capability
• Class 5, 25% Allowable Coverage, 7500 Area square feet, Total Allowed 1875
• Land Coverage Verification
Buildings 2490 square feet
• Decks and Stairs 70 square feet
• Aspalt Driveway 3621 square feet
• Dirt Parking 510 square feet
• Stoops / Patios 48 square feet
• Shed / trash enclosure 87 square feet
• Total onsite coverage = 6826 sq. ft.
• Existing off site coverage asphalt driveway 331 sq. ft. (Total)
• Verification of units of use
• Residential 3 units with kitchen, Floor area 1101
• Commercial, including storage at rear 829

Property Details

Priced at 1,420,000
8612 North Lake Blvd
Kings Beach, CA 96143

MLS#: 20182829
Square Feet: 2490
Current Use: Mixed use Commercial Residential
Occupants: Master tenant
Acres: .17
View: Lake
Zoning: Commercial
Plan Area: Kings Beach
Parking Spaces: 6
ADA Status: Compliant
BMP Status: Pending
Sewer Status: Pending
Loan Amt: n/a
Gross Income: 70,200
Expenses: n/a
Net Income: n/a
Year Built: 1954

Status: SOLD
Sub Status: Standard