Listed by Will Doerlich - DRE #00597229 - Realty ONE Group TODAY 925-701-8900
$12,000,000 affordable loan icon Calculate Payment

8602 North Lake Blvd Kings Beach, CA 96143

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General Commercial Residence
Beds
Baths
Sq. Ft.
0.63 Acre Lot

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Last updated on 11/13/2024 10:17 AM
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 re...staurant / 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... Continue reading
MLS#
41062150
Property Type
General Commercial
Status
Lot Size
0.63

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Listed by Will Doerlich - DRE #00597229 - Realty ONE Group TODAY 925-701-8900
Barbara Lynn Simmons, CALBRE 637579, Xome Inc., CALBRE 1932600, [email protected], 844-400-XOME (9663), 2945 Townsgate Road, Suite 200, Westlake Village, CA 91361

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This content last refreshed on 11/13/2024 10:17 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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