8602 North Lake Boulevard, Kings Beach, CA 96143

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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. And, a State / county agreement to provide a revenue stream through a TOT fees rebate and land transfer provide a measure of confidence that this is a win-win-win opportunity for the right investment group...

Price:$12,000,000
Address:8602 North Lake Boulevard
City:Kings Beach
State:CA
Zip:96143
DOM:20
MLS#:20241238
Type:Commercial

Additional Info

Area Information

County:
Area:ONE NORTH UNNAMED-1NR
Community:North LakeTahoe
Lat/Lng:39.235548, -120.021956
Directions:Corner of North Lake Blvd and Raccoon St. on the lake side.

Exterior Details

Stories:
Setting:Street

Miscellaneous

APN:090-134-056

Additional Photos

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Property Location

Listing courtesy of:
RE/MAX Gold - Kings Beach
Dave Hanczarek
[email protected]

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