1050 Fremont Avenue, South Lake Tahoe, CA 96150

1050 Fremont Avenue Entitled Redevelopment Opportunity, Bijou District, South Lake TahoeRare 0.82-acre double-lot assemblage near Lake Tahoe Blvd, Stateline casinos, and Heavenly. Site includes a 7,980 SF single-story CMU commercial building, offering two paths forward.As-is: Zoned General Commercial under the Bijou/Al Tahoe Community Plan, with a wide range of allowed uses (retail, offices, personal/business services, restaurants, food and beverage retail, and more, subject to design review). Open warehouse-style floor plate suits an owner-user or investor.Redevelopment: Seller has advanced a conceptual 11-unit, three-story luxury townhome project (wood-and-steel framing), with additional dwelling potential on the second parcel. Demo and asbestos remediation targeted for September, followed by City Planning, City Council, and TRPA review. Goal is a fully permitted, shovel-ready project by May 1, with entitlements converted, sewer units secured, and fees paid.STR advantage: Because the site carries mixed-use commercial zoning, the residential units are not subject to the City's residential STR permit cap, an uncommon structural advantage in a market where STR permits are otherwise tightly capped.Flexible exit: Hold as a stabilized STR portfolio, or sell units individually to de-risk and recapitalize as the project progresses.