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3330 Lake Tahoe Blvd
South Lake Tahoe, CA 96150

$4,250,000 USD

Storefront Retail Residential For Sale  •  14,600 SF

Property Details

  • Property Type Storefront Retail Residential
  • Total Building Size 14,600 SF
  • Lot Size 1.27 AC
  • Building Class C
  • Year Built 1962
  • Tenancy Multiple
  • Zoning GC
0 Transit Score
66 Walk Score

Highlights

Lakeview Plaza is a commercial retail center with twelve retail units, covering approximately 14,600 square feet on a +/-1.27 acre parcel.
The property is located in a high-traffic area with stunning lake views, ensuring significant visibility and accessibility.
All twelve units are currently occupied, providing steady cash flow from day one.
Existing leases are below market rates, offering substantial upside potential through renewal, re-leasing, and leasing up.
The property can be converted into 48 Residential Units of Use (RUU) or Tourist Accommodation Units (TAU) and up to 72 MFERUUs.
Current zoning allows 40 hotel units and 15 multi-family units per acre, with a possible increase to 65 by Fall 2025.

Property Flyers

Amenities

  • Bus Line
  • Pylon Sign
  • Waterfront
  • Air Conditioning

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 50
Type: Surface
Included in Rent: Yes
Scott Fair 530-525-2304 NAI Tahoe Sierra
Scott Fair 530-525-2304 NAI Tahoe Sierra