The Property sits at the desirable hard corner location of Lake Tahoe Boulevard (Hwy. 28) & Southwood Boulevard. The overall physical layout of the two parcels is a square-shaped property, with an up-slope east to west. The North property line is approximately 355 feet of highway frontage and Southwood Boulevard frontage being approximately 303 feet in length. The site is serviced by recent bicycle, pedestrian and transit improvements. The property sets at the street level with a good visibility directly adjacent to commercial office buildings and close proximity of the largest shopping center in the village. The larger parcel having a former restaurant building was recently demolished. The smaller corner parcel was the site of a former service station. Seller makes no representation regarding the environmental condition of the property. The property has a No Further Action (NFA) determination from The Nevada Division of Environmental Protection (NDEP) and an Environmental Covenant as attached. A condition of sale includes the successful negotiation of a License, Access, Cooperation, and Release Agreement with Chevron Environmental Management Company to address residual contamination that may be encountered during future redevelopment activities. The site has 34,411 square feet (39.75%) of existing coverage with a maximum allowable of 52,682SF. Site also includes 5,354 square feet of CFA (commercial floor area) valued at $35SF.

Incline Village, Nevada is located 30 minutes from the Reno/Tahoe International Airport. Property owners come from all parts of the country and the world. At Incline Village, each property owner has 5 IVGID recreational passes for the village. Recreational facilities include three beaches, one with a beautiful swimming pool with spectacular views, one with a boat ramp, two Robert Trent Jones SR./Jr. golf courses, Diamond Peak downhill ski area, tennis complex, indoor recreational building with Olympic-size pool, health club and gymnasium, and beautiful parks. Incline Village on the north shore is minutes away from world class ski resorts such as Squaw Valley USA, Alpine Meadows, NorthStar, Heavenly, Mt. Rose & Sugar Bowl.

Location Description:

Incline Village, Nevada is located 30 minutes from the Reno/Tahoe International Airport. Property owners come from all parts of the country and the world. At Incline Village, each property owner has 5 IVGID recreational passes for the village. Recreational facilities include three beaches, one with a beautiful swimming pool with spectacular views, one with a boat ramp, two Robert Trent Jones SR./Jr. golf courses, Diamond Peak downhill ski area, tennis complex, indoor recreational building with Olympic-size pool, health club and gymnasium, and beautiful parks.

Highlights:

>> Hard Corner of 1.99 Acre

>> 5,354SF of Existing CFA (Commercial Floor Area)

>> 34,411SF Existing Coverage Area

>> Last Incline Village Commercial Development Site

>> 10 IVGID Rec Passes

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Sales Info:

>> Commision split: 2.5%