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$ 2,250,000
Est. payment /mo
Active
205 Stateline Road Kings Beach, CA 96143
3,352 SqFt
UPDATED:
10/09/2024 05:41 PM
Key Details
Property Type Commercial
Sub Type Commercial
Listing Status Active
Purchase Type For Sale
Square Footage 3,352 sqft
Price per Sqft $671
MLS Listing ID 20241570
Year Built 1999
Property Description
Discover a prime location commercial property in the heart of Kings Beach, CA, offering 3,352 square feet of versatile space across two spacious suites. Suite 1: large open two story studio space, reception, bathroom, 4 offices / massage rooms, Suite 2: large studio, 3 offices / massage rooms, waiting area, bathroom. With mixed-use tourist zoning, this property is perfect for a variety of uses, including retail, office space, dining establishments, or even converting the upstairs area into a residential unit. Its prime location guarantees high visibility and foot traffic, along with 10 parking spaces, making it an excellent investment opportunity. What truly sets this property apart is its future value potential. Situated next door to the upcoming Waldorf Astoria and in close proximity to the Cal-Neva's future development plans, the property is poised for significant appreciation. Kings Beach and Crystal Bay are bustling tourist destination, ensuring continuous demand and growth. Don't miss out on this exceptional investment opportunity with unmatched future value potential in Kings Beach, CA. The current tenant is "The Sanctuary", featuring yoga/barre, massage therapy, healing and wellness, ayurveda, facials and skincare and reiki. Current lease agreement expires 12/1/2028.
Location
State CA
County Placer
Community North Laketahoe
Area Brockway Tract-1So
Zoning MU-TOR
Exterior
Parking Features Black Top
Garage Spaces 29.0
View Filtered
Topography Level
Building
Lot Description STREET
Story 2
Listed by Cole R Mizak • Compass