Active

8602 North Lake Boulevard

Kings Beach CA, 96143

$12,000,000


Active

Commercial

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...

20241238

MLS ID

June 24, 2024

Listed

August 25, 2024

Updated

Map

8602 North Lake Boulevard
Kings Beach CA, 96143

Interior Features

Fireplace

No


Cooling

No


Heating

No

Exterior/Building Features

Lot Size

0.63 Acres

Other Property Details

Area Name

ONE NORTH UNNAMED-1NR


Days on Market

62


Garage

No


View

No


Pool

No


Zoning

Commercial

Listed by RE/MAX Gold - Kings Beach, Dave Hanczarek,
Listing Contact: 775-690-1808 

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Data last updated 10:08 PM UTC, 8/25/2024

 

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