Sierra at Tahoe Frontage

19920 US HWY 50 Little Norway, CA 95735

19920 US HWY 50, Little Norway, CA, 95735
19920 US HWY 50, Little Norway, CA, 95735
FOR SALE FOR LEASE
Property Type:
Other Land
Amount:
$1,350,000
Last Verified:
Oct 14, 2024

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Highlights


Description

This property presents a rare opportunity to acquire ±5.25 commercial acres of frontage land along Highway 50 in Twin Bridges, CA. All options to acquire the property are available including purchase, ground lease, or build-to-suit. The property is located 12 miles west of South Lake Tahoe at the SWC of Hwy 50 and Sierra at Tahoe Road.

The area is well positioned to fill a hole that doesn’t yet have commercial services for the many travelers, outdoor enthusiasts, and residents heading to or from South Lake Tahoe. The zoning permits a wide range of commercial uses, specifically Hotel, QSR with drive-thru, fueling stations, and even cannabis dispensaries. The existing billboard on west end of property not included in the sale.

This property presents a rare opportunity to acquire ±5.25 commercial acres of frontage land along Highway 50 in Twin Bridges, CA. All options to acquire the property are available including purchase, ground lease, or build-to-suit. The property is located 12 miles west of South Lake Tahoe at the SWC of Hwy 50 and Sierra at Tahoe Road.

The area is well positioned to fill a hole that doesn’t yet have commercial services for the many travelers, outdoor enthusiasts, and residents heading to or from South Lake Tahoe. The zoning permits a wide range of commercial uses, specifically Hotel, QSR with drive-thru, fueling stations, and even cannabis dispensaries. The existing billboard and leasing revenue from the billboard located on the west end of the property is not included in the sale of the property.

Building Size: 0sq ft
Lot Size: 5.25 acres


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Units for Lease

19920 US HWY 50
Space Available: 0 SF
Lease Type:

Map of 19920 US HWY 50, Little Norway, CA, 95735

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Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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