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    8748 North Lake Boulevard

    Kings Beach, CA 96143
    • $1,675,000
    • STATUS: Active Under Contract
    • ON SITE: 24 Days
    • MLS #: 20212363
    Under Contract
    $1,675,000
    • 0
      BEDS
    • 0.37
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 4,856
      SQFT
    • $345
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1954
    County:

    School Ratings & Info

    Description

    Prime North Lake Blvd frontage and high visibility in the Kings Beach Commercial Core Improvement area. Existing 2-story 4856 SF building, zoned Mixed-Use Commercial. Currently operated as work force housing with 13 month-to-month tenants offering steady income, full occupancy and a 5%+ cap rate. Strong upside potential for redevelopment and vertical expansion in this growing high traffic commercial corridor close to beaches, restaurants, and recreation.

    Monthly Payment Calculator

    © 2021 Tahoe Sierra Board of Realtors, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TSBoR. Real estate listings held by brokerage firms other than Becky Arnold Real Estate at Chase International are marked with the TSBoR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Becky Arnold Real Estate at Chase International. Data last updated: 2021-10-21T00:34:16.577.
    www.beckyarnoldrealestate.com/homes/121819872
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    8748 North Lake Boulevard Kings Beach, CA 96143

    • Price: $1,675,000
    • Status: Active Under Contract
    • MLS #: 20212363
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.37
    Acres
    4,856
    SQFT
    $345
    $/SQFT
    1954
    Built
    Neighborhood:
    North Laketahoe
    County:
    Placer
    Area:
    Brockway Vista-1So
    Property Description
    Prime North Lake Blvd frontage and high visibility in the Kings Beach Commercial Core Improvement area. Existing 2-story 4856 SF building, zoned Mixed-Use Commercial. Currently operated as work force housing with 13 month-to-month tenants offering steady income, full occupancy and a 5%+ cap rate. Strong upside potential for redevelopment and vertical expansion in this growing high traffic commercial corridor close to beaches, restaurants, and recreation.
    Exterior Features

    Exterior Features LandscapingLighting/SecurityParking/10+ Spaces Parking Spaces 10-29 Parking Surface Paved Surface Setting Street Stories Two Topography Level View CityDowntown

    Property Features

    Extras High Traffic LocationHigh VisiblityHigh Frontage Service Type Full Service Sub Status Standard Zoning Commercial

    Listing information © 2021 Tahoe Sierra Board of Realtors. Listing provided courtesy of Sierra Sotheby's Int - Rock.
    © 2021 Tahoe Sierra Board of Realtors, Inc. All rights reserved. The data relating to real estate for sale or lease on this web site comes in part from TSBoR. Real estate listings held by brokerage firms other than Becky Arnold Real Estate at Chase International are marked with the TSBoR logo or an abbreviated logo and detailed information about them includes the name of the listing broker. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Becky Arnold Real Estate at Chase International. Data last updated: 2021-10-21T00:34:16.577.
     
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    Becky Arnold Real Estate at Chase International
    531 North Lake Blvd, PO Box 854
    Tahoe City CA, 96145