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Listed price in listed location currency (USD).
$12,000,000

000

MLS® 41062150

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size -
Garage No
HOA Fees 
Taxes 
Days Active 594
Approx. Age 
MLS® Number 41062150

Property Address: 8626 N Lake Blvd, Kings Beach, CA, 96143

Average square foot calculated using Size range provided by listing agent.

Description

Opportunity for ownership of the prime location on Lake Tahoe in Kings Beach Downtown revival. The project is close to final approvals with the county & state in agreement and support of the project. Architectural plans approved for a 30-unit Hotel with views of the Lake from the rooftop terrace restaurant / bar. 21-hotel rooms and 9-CondoTel units available for sale with short-term rental capability as part of the Hotel. First floor Retail / Restaurant space, three story Hotel and Rooftop Terrace provides the Crown Jewel of the Kings Beach Revitalization Plan. This property is next to the County Beach and is immediately in proximity to the proposed and approved Ferry Landing Dock - walk from the Hotel to the Beach or the Ferry to the Nevada-side for all the amenities from the Casinos. Recent Hotel property purchases highlights & brings the value of this project to the forefront - a unique location and the ability to build it to a contemporary style and amenities. A State / County agreement to provide a revenue stream through a TOT fees rebate provides a measure of confidence that this is a win-win-win opportunity for the right investment group...
MLS® Number41062150
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 5, 2024List Date
$12,000,000List Price
  • Commute

Commute

Starting Address
Destination Address
8626 N Lake Blvd, Kings Beach, CA

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