Remarks

Discover a prime location commercial property in the heart of Kings Beach, CA, offering 3,352 square feet of versatile space across two spacious suites. Suite 1: large open two story studio space, reception, bathroom, 4 offices / massage rooms, Suite 2: large studio, 3 offices / massage rooms, waiting area, bathroom. With mixed-use tourist zoning, this property is perfect for a variety of uses, including retail, office space, dining establishments, or even converting the upstairs area into a residential unit. Its prime location guarantees high visibility and foot traffic, along with 10 parking spaces, making it an excellent investment opportunity. What truly sets this property apart is its future value potential. Situated next door to the upcoming Waldorf Astoria and in close proximity to the Cal-Neva's future development plans, the property is poised for significant appreciation. Kings Beach and Crystal Bay are bustling tourist destination, ensuring continuous demand and growth. Don't miss out on this exceptional investment opportunity with unmatched future value potential in Kings Beach, CA. The current tenant is "The Sanctuary", featuring yoga/barre, massage therapy, healing and wellness, ayurveda, facials and skincare and reiki. Current lease agreement expires 12/1/2028.

Details

MLS#: 20241570
Price: $1,850,000

Style: Commercial
Sq Ft: 3352
Year Built: 1999

County: Placer