Exceptional opportunity! The possibiliti

$487,500

841 Emerald Bay, South Lake Tahoe, 96150 | 01/10/2018 | Ad id: mls3-128637
Details

Exceptional opportunity! The possibilities are endless. Owner may carry paper, may build to suit. Currently, there's a small restaurant and a leased cabin on the premises. The 980 sq. ft. cabin is leased thru 9/1/18 for $1,500/mo. The restaurant has plans and a TRPA permit to remodel and expand. Total TRPA verified coverage = 10,341 square feet on 1/2 acre, lots of parking. 11 sewer units already in place. The restaurant is approximately 734 sq.ft. plus patio dining and has excellent Hwy 89 exposure situated on the N/E corner of 7th Street. Other potential uses for property include retail, multi-family, tavern or offices. Owner is a licensed real estate broker.