Great Opportunity to invest in Lake
$879,0002230 Lake Tahoe, South Lake Tahoe, 96150 | 04/10/2017 | Ad id: mls3-127238
Great Opportunity to invest in Lake Tahoe! Freestanding building with over 5800sqft of commercial floor space. Entire building is currently leased to a wireless phone retail business through May 2020 at approximately $57K gross rent (which is very low to current market - plenty of room for future income growth with this one). Building features large main floor area (2/3 of space) with large retail floor, offices, bathrooms; the rear area (1/3 of space) can be locked off with offices, loading area, separate entrance, bathroom, and kitchen area. Prime Location with Highway 50 frontage and in the vicinity of lots of high traffic businesses, as well as the entrance to the desirable Tahoe Keys area. Owner may consider financing a well-qualified buyer with at least 50% down. The retail business occupying the space is owned separately and is not included in the sale.