3717 Osgood Ave, South Lake Tahoe, CA 96150

Property Description

Offered at $950,000, 3717 Osgood Avenue is a premier commercial acquisition opportunity in the heart of South Lake Tahoe's coveted Tourist Core.This versatile building asset sits just off Highway 50, placing it within walking distance of the high-traffic marina, retail shops, and dining destinations at Ski Run Boulevard. Backed by highly flexible TSC-G zoning, this property unlocks exceptional development freedom in a supply-constrained alpine market where parcels of this size rarely become available.Investment HighlightsPremium Location: Positioned steps from Highway 50 and Ski Run Boulevard, one of the highest-traffic intersections on the South Shore.Permissive TSC-G Zoning: Approved by right for retail, food and beverage, hotel/motel, multi-family residential, time-shares, or mixed-use projects.GenerousVertical Limits: Allows for a maximum building height of 42 feet to maximize square footage and views.Dual-IncomePotential: Features a functional ground floor configured for cold storage with two dedicated loading docks.Flexible Upper Floor: Includes a second-story layout ready to serve as a spacious office headquarters or a 3-bedroom, 1-bathroom residential unit.Double the Potential: The facing property at 3716 Osgood Avenue is also available for a game-changing, multi-lot acquisition.Whether you choose to reposition the existing structure or redevelop the site to its highest and best use, this property offers unmatched potential in Tahoe's primary commercial hub.