2875, 2895 Lake Forest Rd | 2880 Hillcrest Ave (Off Market)
For Sale, USD 1,750,000
(Off Market)
2875, 2895 Lake Forest Rd | 2880 Hillcrest Ave, Tahoe City, California, United States
Property Type : Vacant Land
Property Style :
Build Size : 12,846 ft² / 1,193 m²
Land Size : 36,242 ft² / 3,367 m² Convert Land Size
Bedroom : 0
Bathroom : 0
Half Bathroom : 0
MLS#: N/A
Property Description
Commercial property on Lake Forest Rd; historically the Snyder Lumber Property. Subject property has a wide berth on allowable uses; soe particularly interesting such as ‘storage’ and ‘affordable housing’ both of which are in great demand.
The property has been significantly re-priced to provide an attractive ROI.
Just under an acre on three lots. Three existing and verified residential units; unverified square footage and verified Commercial Floor Area, 15 Storage, one commercial shop – generating a cash flow.
This property was once mapped by Sagan Design for mini-storage.
Placer County has a stated motivation to see this property developed as affordable housing.