Overview

Description

This property presents a rare opportunity to acquire ±5.25 commercial acres of frontage land along Highway 50 in Twin Bridges, CA. All options to acquire the property are available including purchase, ground lease, or build-to-suit. The property is located 12 miles west of South Lake Tahoe at the SWC of Hwy 50 and Sierra at Tahoe Road.

The area is well positioned to fill a hole that doesn’t yet have commercial services for the many travelers, outdoor enthusiasts, and residents heading to or from South Lake Tahoe. The zoning permits a wide range of commercial uses, specifically Hotel, QSR with drive-thru, fueling stations, and even cannabis dispensaries. The existing billboard on west end of property not included in the sale.

The area is well positioned to fill a hole that doesn’t yet have commercial services for the many travelers, outdoor enthusiasts, and residents heading to or from South Lake Tahoe. The zoning permits a wide range of commercial uses, specifically Hotel, QSR with drive-thru, fueling stations, and even cannabis dispensaries. The existing billboard and leasing revenue from the billboard located on the west end of the property is not included in the sale of the property.

Highlights

• Corner of US Highway 50 and Sierra at Tahoe Road
• Available for purchase, ground lease, or build-to-suit
• Sale price: $1,350,000
• APN: 037-180-001-000
• Zoning Code: CC - Community Commercial
• Located 12 miles west of South Lake Tahoe
• 15 million people visit Lake Tahoe every year
• 13,535 ADT (nearly five million cars per year)
• Year-round activities include beaches and skiing
• Immediate access to Sierra at Tahoe ski resort
• Approximate drive time from Sacramento is 1.5 hours

Documents

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