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1050 Fremont Avenue, South Lake Tahoe, CA 96150
$1,790,000
1050 Fremont Avenue, South Lake Tahoe, CA 96150View this property at 1050 Fremont Avenue, South Lake Tahoe, CA 96150
1050 Fremont AvenueSouth Lake TahoeCA96150
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Property Description
This centrally located prime commercial property is on the market and ready for a change! Zoned for General Commercial/Residential and Tourist Accommodation as allowable uses, this .82 acre parcel currently has an 8,000 sq ft commercial building located 2 blocks from the lake, just off of Lake Tahoe Blvd. and Fremont Ave. This unique property is located in the Bijou/Al Tahoe Community Plan on a combined 2 parcel (2APN), 35,719 sq ft, .82 of an acre lot (in both District 1 and residential neighboring Planned Area Statement).The TRPA has verified 28,218 sq ft of class 7 coverage with 8272 s qft of commercial floor space- see attached documentation. The building has also been deemed non historical so this property is ready to be taken to the next level conversion to hotel, tourist accommodation or residential project. Highest and Best Use Analysis completed by Exline and Company available for review.Call for diligence pkgs.
Full Property Details
Full Property Details for 1050 Fremont Ave
General
- Price: $1,790,000
- Status: Active
- Type: Office
- MLS ID: 135679
- Updated: 1/3/2024
- Added to Site: 769 day(s) ago
Business
- Name: Nel's Hardware
Interior
- Flooring: Wood, Concrete
Rooms
Bathrooms
- Restrooms: Two
Additional Information
- Other Features: Delivery Door, Security System
Exterior
- Exterior Features: RV Access/Parking, Storage Shed, Barn/Outbuildings, Land Included
Location
- Area: Bijou 1
- County: El Dorado
- Cross Streets: Mono
- Driving Directions: Hwy 50 to Fremont next to bowling alley
Heating & Cooling
- Heating Type: Natural Gas, Other (See Remarks)
- Water Heater: Natural Gas
Utilities
- Utility Description: ElectricityAvailable, City Sewer, NaturalGasAvailable, Telephone, City Water, Private Well
Structural Information
- Construction: Wood Frame, Wood Siding
- Foundation: Slab
- Roof: Flat, Asphalt
- Windows: Double Pane, Vinyl Frame
- Windows/Doors: Double Pane, Vinyl Frame
- Wiring: 110 Volts, 220 Volts
- Stories/Levels: One
- Square Feet: 7,980
- Current Bldg. Use: Retail
- Year Built: 1963
Lot Features
- Lot Size (Acres): 0.68
- Lot Size (Sq. Ft.): 29,621
- Lot Size Source: (Tax Data)
Financial Considerations
- Price Per Acre: $2,632,352.94
- Tenant Pays: Nothing
Disclosures and Reports
- Buyer’s Brokerage Compensation: 2.5%
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Schools
Schools serving 1050 Fremont Ave
School District:Lake Tahoe Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
3501 Spruce Ave, S Lake Tahoe, CA 96150 | K-5 | 0.7 mi | |
2940 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 6-8 | 0.6 mi | |
1735 Lake Tahoe Blvd, S Lake Tahoe, CA 96150 | 9-12 | 3.4 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1050 Fremont Ave
Date
Details
Price
Change
Source
1/28/2023
Price Reduced
$1,790,000
-5.04%
MLS
10/21/2022
Price Reduced
$1,885,000
-5.28%
MLS
5/10/2022
Listed
$1,990,000
104.1%
MLS
9/22/2017
Sold
$975,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 1050 Fremont Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$622
1%
$54,681
2%
2022
$616
2%
$53,609
2%
2021
$606
2%
$52,558
1%
2020
$597
1%
$52,020
2%
2019
$594
2%
$51,000
2%
2018
$581
-14%
$50,000
-14%
2017
$674
2%
$58,417
2%
2016
$660
1%
$57,272
2%
2015
$653
4%
$56,412
2%
2014
$626
—
$55,308
—
2013
$625
—
$55,059
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 1050 Fremont Ave
1050 Fremont Avenue, South Lake Tahoe, CA 96150 (MLS# 135679) is a Office property. 1050 Fremont Avenue is currently listed for $1,790,000 and was received on May 10, 2022. Want to learn more about 1050 Fremont Avenue? Do you have questions about finding other Office real estate for sale in South Lake Tahoe? You can browse all South Lake Tahoe real estate or contact a Coldwell Banker agent to request more information.