chinese herb shop condos for sale brochure 08 · 2017. 11. 27. · 1 | page for sale chinese herb...

12313 Soaring Way, Suite 2B, Truckee, CA 96161 (530) 587-7633 | www.truckeeriverassociates.com

Note: Information presented regarding property for sale or lease is from sources deemed reliable, but no warranty or representation is made to the accuracy thereof. Truckee River Associates, Inc. does not guarantee, warrant or represent that the information presented is correct and is released from all liability resulting from information contained herein. Interested parties are advised to undertake their own inquiries as to the accuracy of information regarding omissions, errors, price and rental conditions.

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FOR SALE

Chinese Herb Shop Annex Building Condominiums 10008 S.E. River Street, Unit 2&3

Truckee, CA 96161

Asking Price Per Individual Condominium $1,250,000.00

The Chinese Herb Shop Complex includes the Chinese Herb Shop which is one of the oldest and most historic buildings in town and is located right on the Truckee River.

Two (2) of Three (3) separate River Front Condominiums located within the Chinese Herb Shop

Annex Building with individual redwood decks dedicated to each condominium.

Presented By: Tom Watson Truckee River Associates

12313 Soaring Way, Suite 2B Truckee, CA 96161 530-587-7633 [email protected]

www.truckeeriverassociates.com



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Table of Contents

I. Property Description

II. Opportunities

III. Additional Information -Truckee History

IV. Demographics

Chinese Herb Shop Annex Bldg

Historic Downtown Truckee Aerial



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I. Property Description: Chinese Herb Shop Annex Bldg

10008 S.E. River Street Truckee, CA 96161

Listing Price/Unit: $1,250,000.00 Price per S.F.: $698.32

Unit 2: 1,790± Sq. Ft. Unit 2 Assigned Deck: 316± Sq. Ft. Unit 3: 1,790± Sq. Ft.

Unit 3 Assigned Deck: 316± Sq. Ft.

Tax Parcel Numbers: 19-152-57, 58

Zoning: Downtown Mixed Use (DMU)

Year Built: 1878, Remodeled 2011

Street Frontage: South East River Street and Brockway Road (Cross- street) Mixed Use: Retail, Professional Office, and Residential

View From Rear Deck Area



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Construction: Brick/Wood

Built-In: 1878, Remodeled in 2011

Parking: 12 free parking spaces for the complex adjacent to and directly in front of the building.

Ingress/Egress: South East River Street from Brockway Road

Property: The Chinese Herb Shop is a beautifully restored 125- year old artifact of Truckee's colorful and historic railroad and lumbering past. Built on the pristine banks of the Truckee River, both the original structure and the neighboring Annex Building have undergone a recent extensive remodel. As a result, the Chinese Herb Shop Complex has emerged as Truckee's most exciting and adaptive retail / office / residential properties. Oversized awnings, wooden gables, brick interior walls, delightful wood decks, and large open windows overlook the Truckee River. Extra parking on SE River Street make it a wonderful location for retail, residential and first-class office uses. The Chinese Herb Shop is the last remaining structure of Truckee's once bustling Chinatown. The original shop was built in 1878 and is registered in the Catalog of Historical Landmarks and Dedicated Sited in Nevada County. This is a one of a kind opportunity to own a piece of Truckee history, magnificently restored and ready for the next century. It is part of the walkable Downtown Historical District Commercial Entertainment District.

Area: The Chinese Herb Shop Annex Bldg is located on the Truckee River in Historic Downtown Truckee, at the heart of North Lake Tahoe’s retail and restaurant tourism districts. Easily accessible from I-80 East and West, as well as Highway 267 and Highway 89, Downtown Truckee is a favorite destination for visitors from Sacramento, Reno, and the Bay Area year around.



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II. Opportunities:

DMU (Downtown Mixed Use) District: The DMU zoning district is applied to areas in Downtown Truckee that are appropriate for a combination of retail sales, offices, services, lodging and residential land uses. The development standards and permit requirements of the DMU district are intended to create a pedestrian-oriented mixed-use environment. The DMU zoning district is consistent with the Mixed Use land use classification of the Downtown Specific Plan.

One of a kind, high end Truckee Riverfront Condominiums.

Completely customizable condominiums located directly on the Truckee River.

Part of the thriving, Downtown Truckee retail, office, residential, entertainment district

Opportunities to create your own unique high end office, retail, live/work, residential space within the Downtown Truckee Historical District.



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Exterior Photos:



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Views From the Rear Deck Area

View of the Truckee River

Rear View from across the Truckee River



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Unit 2 Current Interior Buildout -Customer entrance, ADA compliant restroom, 4 individual offices, and kitchenette

Unit 3 Current Interior Buildout -Enclosed entry space, ADA compliant restroom, 3 individual offices, large conference room overlooking the Truckee River

Interior Photos:



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TRUCKEE HISTORY: Truckee is a quaint mountain community that was established in 1863 then incorporated in 1993. Truckee, with a population of 16,180, is the largest of three incorporated cities in Nevada County (the other two - Grass Valley and Nevada City). The Town of Truckee is centrally located near Lake Tahoe, historic state parks and an abundance of emigrant and Old West history. The town was originally developed around the logging and ice manufacturing industries, and has evolved into a town of sophistication with a variety for new and established business growth opportunities.

Historically, Truckee has been considered a “tourist town” that was largely populated by second

homeowners. According to an article in the National Geographic Adventure, Truckee was hailed as one of the World’s best ski towns and is distinguished in the article by stating that Truckee is “an inviting mountain burg steeped in ski heritage, amenities, and culture.” Additionally, in the Men’s Journal travel section in April 2012, Truckee is named as one of “America’s Best Mountain Towns” to stay, eat and play. Tourism remains high in the Truckee and Lake Tahoe areas, and continues to progressively grow. Supposing tourism and the homeowner base remain steadily on the up-and-up during the recovery of the national recession, the increase of the Truckee population shall be a major contributing factor to the overall community growth – employment base in the retail, service, professional and government sectors – in the years to come.

III. Demographics

Traveling to and from the Town of Truckee is made convenient with the centrally located Truckee Tahoe

Airport, the close proximity of the Reno-Tahoe Airport and daily stops made by bus and train make doing business or vacationing in a mountain town more accommodating. The Town of Truckee is located in the Sierra Nevada mountain range and is a mere 200 miles (N/W) from San Francisco, 100 miles (East) from Sacramento , 40 miles (West) from Reno, NV and a matter of minutes to Lake Tahoe.



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chinese herb shop condos for sale brochure 08 · 2017. 11. 27. · 1 | page for sale chinese herb...

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