Great Opportunity to invest in Lake

$968,000

2230 Lake Tahoe, South Lake Tahoe, 96150 | 04/10/2017 | Ad id: mls3-127238
Details

Great Opportunity to invest in Lake Tahoe! Freestanding building with over 5800sqft of commercial floor space AND includes a buildable vacant parcel just 50 yards away at 1027 2nd Ave. Entire building is currently leased to a wireless phone retail business until March 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 is owned separately and is not included in the sale