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$ 375,000
Est. payment /mo
Active
2591 Lake Tahoe Boulevard South Lake Tahoe, CA 96150
2,016 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Lease
Listing Status Active
Purchase Type For Sale
Square Footage 2,016 sqft
Price per Sqft $186
MLS Listing ID 141161
Year Built 2015
Lot Size 1.460 Acres
Acres 1.46
Property Sub-Type Lease
Property Description
Prime retail pad opportunity available in the Sierra Tract Commercial PAS, formerly home to the iconic Izzy's Burger Spa. This long-term ground lease offers development rights for a custom project on a shared parcel with AutoZone. Izzy's occupied about one quarter of the parcel. Benefit from the completed preliminary site work, including verification of commercial floor area (2,016 sq ft per attached Highest and Best Use Analysis), sewer units, and 16 parking spaces. While the existing structure is aged and likely requires demolition and rebuilding (see attached Structural Assessment), this location offers excellent potential for a variety of permissible uses. The listing price reflects the long-term ground lease.
Location
State CA
County El Dorado
Area Highland Woods
Rooms
Other Rooms One
Interior
Heating Other/See Remarks
Cooling Other/See Remarks
Flooring Other/See Remarks
Exterior
Utilities Available ElectricityAvailable, NaturalGasAvailable
Roof Type See Remarks
Building
Foundation Other
Listed by Coldwell Banker Select - LTB