Lake Forest | Redevelopment Opportunity
$1,395,000

Prime redevelopment potential in a highly desirable Lake Forest location. Situated just a short stroll from Lake Tahoe and within a convenient 15-minute drive to Palisades Tahoe, this 4,385 sq ft building presents an excellent opportunity. Verified by TRPA, the coverage allows for 9,300 sq ft of Class 5, enabling the creation of 5 residential units of use (RUUs), along with 3,655 sq ft of Base Allowable Coverage and 2,020 sq ft of Commercial Floor Area. Take advantage of a steady rental income from existing tenants during the planning phases. The level lot offers strong visibility and is in close proximity to Skylandia Park, Boat Launch Area, beaches, and trails. Don’t miss out on this rare opportunity for redevelopment.

LAKESIDE BUSINESS REDEVELOPMENT 

The Lake Forest community is home to a variety of businesses including an iconic family restaurant, a bustling bakery, and a residential neighborhood that is connected by the vast paved bike trail system that joins Tahoe City, Carnelian Bay, Palisades Tahoe, and the west shore of Lake Tahoe. Pristine beaches, parks, an athletic field, bus stop, and a boat ramp are all within walking distance from the property.

• 9,302 square feet of Class 5 coverage

• 56 square feet of Class 2 coverage

• 5 residential units of use (RUUs)

• 2,020 square feet of commercial floor area (CFA)