205 Stateline Road, Kings Beach, California

$2,250,000

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3,352

Square feet

About 205 Stateline Road

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.

Features of 205 Stateline Road

MLS® # 20241570
Price $2,250,000
Square Footage 3,352
Acres 0.00
Year Built 1999
Type Commercial/industrial
Sub-Type Commercial
Status Active

Community Information

Address 205 Stateline Road
Area Brockway Tract-1so
Subdivision North LakeTahoe
City Kings Beach
County Placer
State California
Zip Code 96143

Amenities

Parking Spaces 10
Parking Black Top
View Filtered

Interior

Stories TWO

Exterior

Exterior Features Gutters, Landscaping, Lighting/Security, Parking/10+ Spaces

Additional Information

Date Listed July 29th, 2024
Days on Market 133
Zoning MU-TOR
Short Sale No
RE / Bank Owned No

Listing Details

OfficeCompass

Listing Map

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