For Sale $1,600,000
Property Type Office - General Office
Property Size 7,168 SF
Units 20
Additional Rent Contact for pricing
Parking Spaces Avail. 50
Parking Ratio 6.98 / 1,000 SF
Property Tenancy Multi-Tenant
Building Class B
Year Built 1978
Date Updated Nov 7, 2024

The South Shore of Lake Tahoe is home to approximately 36,359 residents who embrace the quality of life the area offers. Whether you're a first time visitor, a repeat guest or a full-time resident, you can expect to be treated with genuine kindness. The area offers numerous opportunities for year-round recreation and leisure, employment, entrepreneurial ventures, health and wellness facilities and highly rated educational institutions. The scenery is unparalleled with four distinct seasons, 10,000-foot peaks and the crystal blue waters of the largest alpine lake in North America.NAI Tahoe Sierra is pleased to offer the fee simple interest in multi-tenant office building in South Lake Tahoe CA. The Property represents a unique value-add investment or owner-user opportunity. The subject property is centrally located in town and lies at the gateway to Tahoe Keys Marina. The subject consists of an office building with 7,168± square feet and a leasable area of 6,021± square feet. The building is of wood frame construction with wood vertical shiplap style exterior and a composition and tile roof. Each floor has men and women’s restrooms. Roof and parking lot have recently been redone and property is in good condition for the Tahoe market.

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Attachments

Highlights

Multi-tenant office building comprised of 11 unique suites
Centrally located in South Lake Tahoe in close proximity to restaurants, shops, and endless recreation
The Property represents a unique value-add investment or owner-user opportunity
Pro forma net operating income equates to a 7.53% capitalization rate
Value add opportunity through gross up lease and/or bringing property up to 100% occupancy.

Contacts

Scott Fair

NAI Alliance

Location

Getting Around

Walk Score ®
65/100 Somewhat Walkable
Bike Score ®
73/100 Very Bikeable

Map
Street

City South Lake Tahoe, CA
Neighborhood Tahoe Island Park
Zip Code 96150
Market Sacramento

Points of Interest

Chevron

0.05 miles
U.S. Gasoline

0.38 miles
Shell

0.52 miles
Swiss Mart Food and Gas

0.73 miles
Raley's aisle 1

0.77 miles
Mobil

0.90 miles
American Gasoline

1.06 miles
Safeway Fuel Station

2.23 miles
Chevron South Tahoe

2.75 miles
Tahoe Tom's

3.62 miles

Lakeview Commons Public Parking

1.89 miles
Employee Parking

2.97 miles
High Meadows Trailhead parking lot

3.02 miles
Tallac Site Parking

3.14 miles
Tallac Trailhead Parking

3.96 miles
Glen Alpine Trailhead

5.50 miles
Bayview Trailhead Parking

5.88 miles
Berkeley Camp Parking Lot

6.79 miles
Echo Lake Sno-Park

7.02 miles
F Lot

9.32 miles

Motel 6 South Lake Tahoe

0.12 miles
Tahoe Valley Lodge

0.15 miles
Matterhorn Motel

0.28 miles
Tahoe Retreat & Spa

0.34 miles
Sky Lake Lodge

0.83 miles
Sunray Tahoe Hotel

0.84 miles
The Red Lodge

0.84 miles
Apex Inn

0.90 miles
Tahoe Keys Resort

0.92 miles
Washoe Motel

0.94 miles

Fasta Pasta

0.05 miles
Artemis Mediterranean Grill

0.18 miles
Orchids Authentic Thai

0.30 miles
Brothers Burrito House

0.40 miles
Margaritas Mexican Cafe

0.45 miles
Mandarin Garden Chinese

0.47 miles
My Thai Cuisine

0.47 miles
Cold Water Brewery and Grill

0.55 miles
Scusa Italian Restorante

0.56 miles
Blue Dog Gourmet Pizza

0.59 miles

Tahoe Valley Elementary School

0.49 miles
Tahoe Center Head Start

1.13 miles
Lake Tahoe Community College

1.32 miles
South Tahoe High School

1.37 miles
South Tahoe Middle School

1.50 miles
Al Tahoe Learning Center

1.68 miles
Sierra House Elementary School

1.95 miles
Bijou Elementary School

2.35 miles
Meyers Elementary School

4.39 miles
Tahoe Paradise Junior College

4.55 miles

Frequently Asked Questions

How much does Tahoe Plaza Professional Office Building cost?

The space currently listed for sale at Tahoe Plaza Professional Office Building asks for $1,600,000.

What is the total square footage of Tahoe Plaza Professional Office Building?

Tahoe Plaza Professional Office Building totals 7,168 square feet.

When was this property built?

Tahoe Plaza Professional Office Building was built in 1978.

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