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INVESTMENT HIGHLIGHTS
- ±8,100 SF multi-tenant restaurant/retail on ±15,246 SF parcel
- Three Pines Coffee occupies ±1,150 SF leased retail unit
- Seating for 126 indoors, 20 barstools, and 49 on patio; ABC Type 75 license included for full alcohol service
- Includes The Woods restaurant as owner-user opportunity
- Recently renovated with full kitchen and 7-barrel Smart Brew system
- Seller financing available for qualified buyers
EXECUTIVE SUMMARY
NAI Tahoe Sierra is pleased to offer for sale 3115 Harrison Avenue, a fully renovated multi-tenant restaurant property located just 100 yards from the lake and beach in South Lake Tahoe. This exceptional offering includes a turnkey bar and restaurant space currently operating as The Woods, presenting a prime opportunity for an owner-user or hospitality group seeking a prominent presence in a high-traffic corridor. The property also includes a separately leased retail space occupied by Three Pines Coffee, providing stable rental income and long-term flexibility.
The ±15,246 square foot parcel includes approximately 8,100 square feet of total improvements, consisting of ±5,830 square feet of restaurant and bar space, ±1,124 square feet of office and storage, and a ±1,150 square foot leased commercial unit occupied by Three Pines Coffee. Onsite parking is included with the remainder of the land.
Originally renovated just two years ago to a high standard, The Woods features a 7-barrel Smart Brew System, a fully equipped kitchen with a large Type 1 hood, walk-in cooler and freezer, stoves, fryers, broiler, flattop, convection ovens, and stainless-steel work surfaces. The restaurant includes indoor seating for 126, bar seating for 20, and an outdoor patio with seating for 49. An ABC Type 75 license is included, authorizing the sale of hard liquor, beer, and wine.
This is a rare opportunity to acquire a high-quality, lake-adjacent hospitality asset with both owner-user potential and passive income from an established commercial tenant. Seller financing may be available for well-qualified buyers.
The ±15,246 square foot parcel includes approximately 8,100 square feet of total improvements, consisting of ±5,830 square feet of restaurant and bar space, ±1,124 square feet of office and storage, and a ±1,150 square foot leased commercial unit occupied by Three Pines Coffee. Onsite parking is included with the remainder of the land.
Originally renovated just two years ago to a high standard, The Woods features a 7-barrel Smart Brew System, a fully equipped kitchen with a large Type 1 hood, walk-in cooler and freezer, stoves, fryers, broiler, flattop, convection ovens, and stainless-steel work surfaces. The restaurant includes indoor seating for 126, bar seating for 20, and an outdoor patio with seating for 49. An ABC Type 75 license is included, authorizing the sale of hard liquor, beer, and wine.
This is a rare opportunity to acquire a high-quality, lake-adjacent hospitality asset with both owner-user potential and passive income from an established commercial tenant. Seller financing may be available for well-qualified buyers.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
8,168 SF
Building Class
C
Year Built
2019
Price
$2,995,000
Price Per SF
$366.67
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.54
Lot Size
0.35 AC
Opportunity Zone
Yes
Zoning
GC - Offers a prime opportunity for retail and restaurant investors seeking to capitalize on the area's dynamic tourism and local community.
Parking
15 Spaces (1.84 Spaces per 1,000 SF Leased)
Frontage
71’ on Harrison Ave
Bike Score®
Biker's Paradise (93)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 026-086-011-000 | Improvements Assessment | $1,339,732 |
| Land Assessment | $519,046 | Total Assessment | $1,858,778 |
PROPERTY TAXES
Parcel Number
026-086-011-000
Land Assessment
$519,046
Improvements Assessment
$1,339,732
Total Assessment
$1,858,778
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3115 Harrison Ave
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