Iconic Restaurant/Retail Building | 8791 Lake Blvd
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Iconic Restaurant/Retail Building 8791 Lake Blvd
6,172 SF Retail Building Kings Beach, CA 96143 £4,303,475 (£697/SF)
Investment Highlights
- Beautiful Views of Lake Tahoe
- Full Service Kitchen
- 1,935 sf Second Floor Deck
- Move-in Ready
- 4,237 sf Main Floor
- 22 Car slot parking
Executive Summary
ONE OF A KIND OPPORTUNITY! Nestled in picturesque Kings Beach, this iconic free-standing commercial building has the potential for a number of uses including retail, education, cocktail lounge, event center, or even housing. In its current configuration and recent past use, this charming restaurant includes everything you need to open a dining establishment. The total seating capacity is 305, with 180 inside and 125 on the Deck.
The building is 6,172 sf with 4,237 +/- sf on the ground floor, and 1,935 sf +/- on the second floor deck with views of beautiful Lake Tahoe. The 0.38 acre parcel features 22 parking spaces and a secure trash enclosure on a paved lot. The property is located on popular Lake Blvd in Kings Beach, CA in scenic North Lake Tahoe. Recent enhancements in the vicinity have further elevated the area’s allure. Improvements to the roadway, sidewalk, lighting, and landscaping have created a vibrant, pedestrian-friendly commercial center in the heart of the Kings Beach community.
Most fixtures, furniture, and equipment are included in the purchase price. The full-service kitchen features a prep station, cook station, dishwashing station, and wait station. The second floor deck is serviced by an elevator and includes a wait station, large umbrellas and patio heaters. There is a 600 kw natural gas generator that is capable of running the entire building. The gorgeous wood bar, decorative tile accents, distinctive light fixtures, and glazed tile flooring offer an enchanting space for patrons to visit while enjoying cocktails.
The building is 6,172 sf with 4,237 +/- sf on the ground floor, and 1,935 sf +/- on the second floor deck with views of beautiful Lake Tahoe. The 0.38 acre parcel features 22 parking spaces and a secure trash enclosure on a paved lot. The property is located on popular Lake Blvd in Kings Beach, CA in scenic North Lake Tahoe. Recent enhancements in the vicinity have further elevated the area’s allure. Improvements to the roadway, sidewalk, lighting, and landscaping have created a vibrant, pedestrian-friendly commercial center in the heart of the Kings Beach community.
Most fixtures, furniture, and equipment are included in the purchase price. The full-service kitchen features a prep station, cook station, dishwashing station, and wait station. The second floor deck is serviced by an elevator and includes a wait station, large umbrellas and patio heaters. There is a 600 kw natural gas generator that is capable of running the entire building. The gorgeous wood bar, decorative tile accents, distinctive light fixtures, and glazed tile flooring offer an enchanting space for patrons to visit while enjoying cocktails.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
6,172 SF
Year Built
2007
Price
£4,303,475
Price Per SF
£697
Tenancy
Single
Number of Floors
2
Building FAR
0.42
Lot Size
0.34 AC
Zoning
TB-MU-MTC - North Tahoe East: Mixed-Use, Mountainside Town Center (MUMTC), Kings Beach Commercial Overlay
Parking
25 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Restaurant
- Security System
- Signage
- Wheelchair Accessible
- Accent Lighting
- Storage Space
- Air Conditioning
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 090-192-056 | Improvements Assessment | £702,552 |
| Land Assessment | £262,073 | Total Assessment | £964,625 |
PROPERTY TAXES
Parcel Number
090-192-056
Land Assessment
£262,073
Improvements Assessment
£702,552
Total Assessment
£964,625
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Iconic Restaurant/Retail Building | 8791 Lake Blvd
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