645 Emerald Bay Rd South Lake Tahoe, CA 96150

Prime Commercial & Residential Opportunity on Emerald Bay Road – Includes an Option to Purchase a Legacy Business. Seize this rare chance to own a prime half-acre parcel in a high-traffic, high-visibility location at the gateway to Tahoe’s National Forest Bike Trail. This versatile mixed-use lot is zoned for both commercial and residential development and offers 930 IPES and 28% allowable coverage, providing incredible potential for a range of projects., Situated on a prime corner lot at Emerald Bay Road and 13th Street, this property boasts a fenced area, grass landscape, storage shed, and a charming gazebo—ready for immediate use or future expansion. Located in Special Area #1, the development possibilities are endless: ? Single-family or multi-family residences (up to 4 units) ? Hotel, motel, or bed & breakfast ? Restaurant, café, or nursery ? Retail, office, or mixed-use commercial space ? Purchase Anderson’s Bicycle Rental Separately Beyond the property itself, an established and highly successful business is also available for purchase. Anderson’s Bicycle Rental – "The Original" since 1978. A beloved community staple for 46 years, this award-winning business is the only bike rental shop at the start of the National Forest Bike Trail, offering visitors a safe, scenic, and car-free path to Tahoe’s most treasured destinations: Camp Richardson, Tallac Historic Site, Taylor Creek, and world-famous beaches. Anderson’s features the largest fleet of bikes on the South Shore, with rentals for all ages, including tandems, kids' bikes, and baby trailers—making it a turnkey investment with proven success. Whether you're looking to develop, invest, or continue the legacy of a Tahoe icon, this rare opportunity is waiting for you!