$1,020,720
$1,175,000
13.1%For more information regarding the value of a property, please contact us for a free consultation.
0.45 Acres Lot
SOLD DATE : 11/06/2026
Key Details
Sold Price $1,020,720
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 226035849
Sold Date 11/06/26
HOA Y/N No
Year Built 1972
Lot Size 0.450 Acres
Acres 0.45
Property Sub-Type Retail
Source MLS Metrolist
Property Description
Recently repositioned, this 4-unit commercial building is currently configured as a fully occupied 2-unit property, offering excellent visibility and access along the high traffic Hwy 50 corridor in South Lake Tahoe. Located in a thriving year round tourist market and surrounded by established retail and ongoing redevelopment, including a Save Mart currently under renovation, this location benefits from consistent activity and future growth potential. The property features two established tenants with in-place income and offers the flexibility to reconfigure into up to four separate suites, creating additional income potential or future owner-user opportunities. Recent operational improvements, including utility restructuring, provide added efficiency and the potential for improved returns over time. Additional highlights include ample on-site parking (including oversized vehicle capacity), monument signage, recent exterior paint, upgraded bathrooms, and a dedicated delivery/loading area. Ideally located near Bijou Community Park, golf courses, bike paths, and the lake, with convenient access to transit, recreation, and the Nevada state line, this property is well positioned for both investment and owner user use in one of Tahoe's most active commercial corridors. Fully leased property with staggered lease expirations. One unit available upon lease expiration in September 2028; second unit under longer-term lease.
Location
State CA
County El Dorado
Area 13301
Direction From Hwy 50, turn onto Al Tahoe Blvd. Property is located on the south side of the street within Tahoe Center.
Location Details Restaurant Nearby,Shopping Nearby,Strip Center
Interior
Heating MultiUnits
Cooling Roof Package Separate
Flooring Concrete
Window Features Weather Stripped
Exterior
Parking Features Common Area Shared, Public, Uncovered
Utilities Available Cable Available, Primary Gas Meter, Natural Gas Connected, Sewer Connected, Underground Utilities
Water Access Desc Public
Roof Type Flat
Accessibility AccessibleApproachwithRamp
Handicap Access AccessibleApproachwithRamp
Building
Lot Description Corner
Foundation Slab
Sewer Public Sewer
Water Public
Others
Senior Community No
Tax ID 025-010-044-000
Special Listing Condition None
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