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298 Kingsbury Grade Road

Stateline, NV 89449
  • $2,400,000
  • STATUS: Active
  • ON SITE: 134 Days
  • MLS #: 250055745
UPDATED: 186 min ago
$2,400,000
  • 0
    BEDS
  • 0.49
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1976
County:
Area:

School Ratings & Info

Description

Prime Commercial Investment - High Visibility Location This 7,624 sq. ft. commercial building sits on a ½-acre lot in one of the most highly visible and busiest corridors in South Lake Tahoe. Just ½ mile from Heavenly Village and the Casino corridor, and 1 mile from the new Barton Hospital, the property is surrounded by thriving retail, restaurants, and year-round foot traffic. Key Features: 10 fully rented suites providing steady income 6 bathrooms to accommodate tenants and visitors 30 dedicated parking spaces for convenience Priced at 315/sq. ft. - well below replacement value This competitively priced property offers investors a rare opportunity to secure a well-located, income-producing asset in a market with limited commercial availability.

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Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-24T00:19:35.477.
www.vaulethomes.com/homes/167831155
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298 Kingsbury Grade Road Stateline, NV 89449

  • Price: $2,400,000
  • Status: Active
  • On Site: 134 Days
  • Updated: 186 min ago
  • MLS #: 250055745
0
Beds
0
Baths
0
½ Baths
0.49
Acres
1976
Built
Neighborhood:
89449
County:
Douglas
Area:
89449
Property Description
Prime Commercial Investment - High Visibility Location This 7,624 sq. ft. commercial building sits on a ½-acre lot in one of the most highly visible and busiest corridors in South Lake Tahoe. Just ½ mile from Heavenly Village and the Casino corridor, and 1 mile from the new Barton Hospital, the property is surrounded by thriving retail, restaurants, and year-round foot traffic. Key Features: 10 fully rented suites providing steady income 6 bathrooms to accommodate tenants and visitors 30 dedicated parking spaces for convenience Priced at 315/sq. ft. - well below replacement value This competitively priced property offers investors a rare opportunity to secure a well-located, income-producing asset in a market with limited commercial availability.
Exterior Features

Attached Garage YN No Construction Materials Wood Siding Foundation Details Full Perimeter Parking Features Accessible ParkingConcreteOff StreetOn SiteParking LotPaved Roof CompositionPitched Window Features Double Pane WindowsSingle Pane Windows

Interior Features

Accessibility Features [] Basement [] Building Area Total 7624 Common Walls 2+ Common WallsEnd Unit Cooling [] Cooling YN No Fireplace Features [] Fireplace YN No Flooring Carpet Furnished Unfurnished Heating Forced Air Heating YN Yes Laundry Features In Unit Levels Two

Property Features

Association Fee Includes None Building Features ShelvingPublic Restroom(s)Private Restroom(s)No Common Area FacilitiesLoading In RearEnclosed StorageCommon Restroom(s) Business Type OtherShopping Center Or MallRetailProfessional/OfficeProfessional ServiceBarber/Beauty Buyer Financing [] CAMYN No Covenants Conditions Restrictions YN No Electric [] Fencing None Green Energy Generation [] Green Water Conservation [] Listing Terms CashConventional Location Corner Lot Yes Location Shopping Center Yes Lot Features Corner LotLandscaped Other Equipment [] Other Structures Other Owner Pays [] Parking Total 30 Property Sub Type Retail Road Frontage Type PublicState Road Road Responsibility Public Maintained Road Road Surface Type Paved Security Features Fire AlarmSmoke Detector(s) Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 6438.51 Utilities Cable AvailableCable ConnectedElectricity AvailableElectricity ConnectedInternet AvailableInternet ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableSewer ConnectedWater AvailableWater ConnectedCellular CoverageUnderground UtilitiesWater Meter Installed Water Rights Water Rights YN No Water Source Public Waterfront Features [] Zoning Commercial

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional MLS. All rights reserved.
Listing provided courtesy of Coldwell Banker Select ZC: .

Northern Nevada Regional MLS logo © 2026 Northern Nevada Regional Multiple Listing Service® MLS. All rights reserved. Information is deemed reliable but is not guaranteed accurate by the MLS or Vaulet Group Real Estate at RE/MAX. Real estate listings held by brokerage firms other than Vaulet Group Real Estate at RE/MAX are marked with the BROKER RECIPROCITY logo or the BROKER RECIPROCITY thumbnail logo and detailed information about them includes the name of the listing brokerage. The data relating to real estate for sale on this web site comes in part from the BROKER RECIPROCITY Program of the Northern Nevada Regional MLS and is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 2026-01-24T00:19:35.477.
 
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Reno NV, 89502