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Executive Summary

An exceptional opportunity to own a landmark commercial property in the heart of Kings Beach along North Lake Tahoe’s prime corridor. Formerly Caliente Restaurant, this 6,172 sq ft mixed-use property sits on a .38-acre parcel with 22 on-site parking spaces and excellent visibility on North Lake Boulevard. The building features 4,237 sq ft of ground-level restaurant space with a fully equipped commercial kitchen, bar, dining area, and included fixtures and equipment—offering a rare turnkey opportunity. Upstairs, a 1,935 sq ft deck showcases filtered lake views, a tiki-style bar, heaters, and inviting gathering space. With recent area revitalization and mixed-use zoning, the property offers flexible potential for restaurant, retail, event, hospitality, or redevelopment use in one of Tahoe’s most dynamic communities.

Property Facts

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,172 SF
Building Class
B
Year Built
1936
Price
$4,900,000
Price Per SF
$793.91
Tenancy
Single
Building Height
2 Stories
Building FAR
0.42
Lot Size
0.34 AC
Zoning
TB-MU-MTC - North Tahoe East: Mixed-Use, Mountainside Town Center (MUMTC), Kings Beach Commercial Overlay
Parking
25 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
74’ on Lake blvd

Amenities

  • Restaurant
  • Security System
  • Signage
  • Wheelchair Accessible
  • Accent Lighting
  • Storage Space
  • Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Bank of Montreal
Jazzercise
CrossFit
Safeway

Property Taxes

Property Taxes

Parcel Number
090-192-056
Land Assessment
$355,438
Improvements Assessment
$952,843
Total Assessment
$1,308,281
  • Listing ID: 41550770

  • Date on Market: 8/4/2026

  • Last Updated:

  • Address: 8791 Lake Blvd, Kings Beach, CA 96143

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