PRICE HAS NOW BEEN REDUCED $1,025,000. from its original price! There are spectacular panoramic lakeviews from all 3 floors, as well as charming views of the cove and the Gatekeepers Park and Fanny Bridge. The 3,675 square foot building contains a residence, plus a street level welding shop operation and upstairs is rentable office space. The residence on the lower floor provides easy access to the lake and your boat from the floating pier in the protected cove. The many existing uses provide for numerous Lake Tahoe development entitlements and potential. Lake Tahoe has only one outlet, here at the mouth of the Truckee River, and this location has only one home, and this is it! Located right at the "Y" in Tahoe City, and 1/4 mile to the new North Shore "Transportation Hub". This is a once in a lifetime opportunity to acquire one of Lake Tahoe's most unique properties. Consider the possibilities: a restaurant, a wine tasting room, an espresso deli, a real estate office, OR???? Seller will consider all reasonable offers! Seller will also consider trades of Reno commercial or a Tahoe City area home. Seller May Carry 1st Deed, at competitive rates, long term.