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For Sale

Tahoe Boat Shop and Business for Sale

1630 Shop Street,
Lake Tahoe, CA 96150

Asset Snapshot

$176,512
NOI
2008
Year Built
2
Building Count

Offering Summary

Investment Overview

Existing business with real estate - Thirty plus years of marine business history in South Lake Tahoe; operating in this location since 2009 when the owner designed this state of the art property from the ground up to meet specific needs for a marine repair shop with many applicable features including a 4,000 sq. ft. warehouse with 800 sq. ft. of office, a 2,500 sq. ft. veranda closed on two sides within a fenced yard; situated on a +/-half acre parcel. Property includes a water recycling system, ceiling beams for electric hoists in building and veranda, and a solar box to be solar ready. The property exceeds TRPA standards with all BMP's installed. The warehouse has floor drains which go to underground water/oil separating tanks. Also, a complete fire suppression system with sprinklers throughout the building. All ADA requirements are met. This full-service marine business has a large client base which includes approximately seventy (70) storage customers. Annual tourism to South Lake Tahoe swells over 3 million visitors a year. Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.


Investment Highlights

  • State of the Art Facility - Marine Repair and Storage (Built in 2008) and business operating for thirty plus years.
  • Full-service marine business has a large client base which includes approximately seventy (70) storage customers.
  • Property includes 4,000 sf warehouse including 800 sq. ft. office and an additional 2,500 sq. ft. veranda closed on two sides.
  • Four large bay doors for easy access to the warehouse
  • Property is situated on a +/-1/2 acre parcel w/ fenced yard.
  • Water reclamation system - in compliance with TRPA standards.
  • High ceiling beams with electric hoists, and sliding pulley system for easy boat storage movement.
  • Office area has a kitchenette, ADA bathroom with a washer and dryer, customer counter, parts room and storage space.
  • Room for a second story above the office space.
  • Annual tourism to South Lake Tahoe swells over 3 million visitors a year with a large second home population.
  • Business is buoyed by the proximity of the Tahoe Keys Neighborhood which is a 740-acre private marina community laced with eleven miles of inland waterways and +/-1,500 homes of which most have backyard boat slips.

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Listing Syndicated From

Buildout
For Sale
$3,250,000
Asking Price