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605 Highway 50

Zephyr Cove, NV 89448
  • $1,975,000
  • STATUS: Active
  • ON SITE: 24 Days
  • MLS #: 260012186
UPDATED: 95 min ago
$1,975,000
  • 0
    BEDS
  • 0.44
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1977
County:
Area:

School Ratings & Info

Description

PRIME HIGHWAY 50 MIXED-USE INVESTMENT | ZEPHYR COVE, NV Rare opportunity to acquire a highly visible mixed-use commercial property on Highway 50 in Zephyr Cove, strategically positioned along Lake Tahoe's primary east-west transportation corridor connecting South Lake Tahoe and Stateline with Carson City, Reno, and the North Shore. The property benefits from outstanding Highway 50 exposure and a highly desirable Nevada location just minutes from the California-Nevada state line, Heavenly Mountain Resort, Zephyr Cove Beach & Resort, Stateline casinos and entertainment, Round Hill Shopping Center, and four of Lake Tahoe's premier East Shore beaches. Originally constructed in 1977, the property has been extensively remodeled and upgraded over the past decade and offers a diversified combination of commercial and residential uses. The current tenant mix includes restaurant space, multiple professional office users, and two residential short-term rental units, creating multiple potential income streams within a single property. The flexible configuration provides opportunities for retail, restaurant, professional office, residential and mixed-use applications, while the prominent Highway 50 frontage provides excellent visibility for tenants and owner-users. With limited commercial inventory along Lake Tahoe's Nevada East Shore, this property represents a compelling opportunity for an investor, owner-user, or entrepreneur seeking a strategically located Tahoe asset with existing improvements, multiple uses, and long-term upside. INVESTMENT HIGHLIGHTS • Prime Zephyr Cove location with prominent Highway 50 exposure • Mixed-use commercial and residential investment • Restaurant space plus multiple office users • Two residential short-term rental units • Extensively remodeled and improved during the past decade • Flexible retail, restaurant, office and residential uses • Approximately five minutes from four premier East Shore beaches • Minutes from Round Hill Shopping Center and Stateline's casino and entertainment corridor • Convenient access to Heavenly, Zephyr Cove Resort, Carson City, Reno and the North Shore • Rare commercial ownership opportunity on Lake Tahoe's Nevada East Shore

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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 Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-10-17T00:19:37.973.
www.nevada.properties/homes/181430312
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605 Highway 50 Zephyr Cove, NV 89448

  • Price: $1,975,000
  • Status: Active
  • On Site: 24 Days
  • Updated: 95 min ago
  • MLS #: 260012186
0
Beds
0
Baths
0
½ Baths
0.44
Acres
1977
Built
Neighborhood:
89448
County:
Douglas
Area:
89448
Property Description
PRIME HIGHWAY 50 MIXED-USE INVESTMENT | ZEPHYR COVE, NV Rare opportunity to acquire a highly visible mixed-use commercial property on Highway 50 in Zephyr Cove, strategically positioned along Lake Tahoe's primary east-west transportation corridor connecting South Lake Tahoe and Stateline with Carson City, Reno, and the North Shore. The property benefits from outstanding Highway 50 exposure and a highly desirable Nevada location just minutes from the California-Nevada state line, Heavenly Mountain Resort, Zephyr Cove Beach & Resort, Stateline casinos and entertainment, Round Hill Shopping Center, and four of Lake Tahoe's premier East Shore beaches. Originally constructed in 1977, the property has been extensively remodeled and upgraded over the past decade and offers a diversified combination of commercial and residential uses. The current tenant mix includes restaurant space, multiple professional office users, and two residential short-term rental units, creating multiple potential income streams within a single property. The flexible configuration provides opportunities for retail, restaurant, professional office, residential and mixed-use applications, while the prominent Highway 50 frontage provides excellent visibility for tenants and owner-users. With limited commercial inventory along Lake Tahoe's Nevada East Shore, this property represents a compelling opportunity for an investor, owner-user, or entrepreneur seeking a strategically located Tahoe asset with existing improvements, multiple uses, and long-term upside. INVESTMENT HIGHLIGHTS • Prime Zephyr Cove location with prominent Highway 50 exposure • Mixed-use commercial and residential investment • Restaurant space plus multiple office users • Two residential short-term rental units • Extensively remodeled and improved during the past decade • Flexible retail, restaurant, office and residential uses • Approximately five minutes from four premier East Shore beaches • Minutes from Round Hill Shopping Center and Stateline's casino and entertainment corridor • Convenient access to Heavenly, Zephyr Cove Resort, Carson City, Reno and the North Shore • Rare commercial ownership opportunity on Lake Tahoe's Nevada East Shore
Exterior Features

Attached Garage YN No Construction Materials CedarFrameStone VeneerWood Siding Foundation Details Concrete PerimeterFull PerimeterSlab Parking Features Accessible ParkingAsphalt Roof CompositionPitchedShingle Window Features Display Window(s)Double Pane WindowsMetal FramesVinyl Frames

Interior Features

Accessibility Features [] Basement [] Building Area Total 6562 Common Walls 2+ Common Walls Cooling [] Cooling YN No Fireplace Features Insert Fireplace YN Yes Fireplaces Total 1 Flooring CarpetCeramic TileVinyl Furnished Negotiable Heating BaseboardElectricNatural Gas Heating YN Yes Laundry Features In Unit Levels Tri-Level

Property Features

Association Fee Includes None Building Features Private Restroom(s)Free StandingEnclosed StorageCommon Restroom(s) Business Type OtherRestaurantProfessional/Office Buyer Financing [] CAMYN No Covenants Conditions Restrictions YN Yes Electric 150 Amp Service100 Amp Service Fencing None Green Energy Generation [] Green Water Conservation [] Listing Terms 1031 ExchangeCashConventionalOwner May Carry Location Corner Lot Yes Lot Features Corner LotGentle SlopingSloped Up Other Equipment [] Other Structures None Owner Pays [] Parking Total 13 Property Sub Type Mixed Use Road Frontage Type Public Road Responsibility Public Maintained Road Road Surface Type Paved Security Features Security Lights Sewer Public Sewer Special Listing Conditions [] Tax Annual Amount 7800.16 Utilities Cable AvailableCable ConnectedElectricity ConnectedInternet ConnectedNatural Gas ConnectedSewer ConnectedWater ConnectedCellular CoverageWater Meter Installed Water Rights Water Rights YN No Water Source Public Waterfront Features [] Zoning GC

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 Theresa Nelson Real Estate | Sierra Sotheby's International Realty. Real estate listings held by brokerage firms other than Theresa Nelson Real Estate | Sierra Sotheby's International Realty 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: 2026-10-17T00:19:37.973.
 
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13945 S. Virginia Street #606
Reno NV, 89523