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
September 13, 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 12:14 PM UTC, 9/13/2024