605 Hwy 50, Zephyr Cove, NV 89448

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Property Description

PRIME HIGHWAY 50 MIXED-USE INVESTMENT | ZEPHYR COVE, NV Rare opportunity to acquire a highly visible mixed-use commercial property on Highway 50 in Zephyr Cove, strategically positioned along Lake Tahoe's primary east-west transportation corridor connecting South Lake Tahoe and Stateline with Carson City, Reno, and the North Shore. The property benefits from outstanding Highway 50 exposure and a highly desirable Nevada location just minutes from the California-Nevada state line, Heavenly Mountain Resort, Zephyr Cove Beach & Resort, Stateline casinos and entertainment, Round Hill Shopping Center, and four of Lake Tahoe's premier East Shore beaches. Originally constructed in 1977, the property has been extensively remodeled and upgraded over the past decade and offers a diversified combination of commercial and residential uses. The current tenant mix includes restaurant space, multiple professional office users, and two residential short-term rental units, creating multiple potential income streams within a single property. The flexible configuration provides opportunities for retail, restaurant, professional office, residential and mixed-use applications, while the prominent Highway 50 frontage provides excellent visibility for tenants and owner-users. With limited commercial inventory along Lake Tahoe's Nevada East Shore, this property represents a compelling opportunity for an investor, owner-user, or entrepreneur seeking a strategically located Tahoe asset with existing improvements, multiple uses, and long-term upside. INVESTMENT HIGHLIGHTS • Prime Zephyr Cove location with prominent Highway 50 exposure • Mixed-use commercial and residential investment • Restaurant space plus multiple office users • Two residential short-term rental units • Extensively remodeled and improved during the past decade • Flexible retail, restaurant, office and residential uses • Approximately five minutes from four premier East Shore beaches • Minutes from Round Hill Shopping Center and Stateline's casino and entertainment corridor • Convenient access to Heavenly, Zephyr Cove Resort, Carson City, Reno and the North Shore • Rare commercial ownership opportunity on Lake Tahoe's Nevada East Shore

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Courtesy of Craig Zager and Coldwell Banker Select ZC. Contact:

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Data last updated on 06/28/2017.

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