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$12,000,000

318 Days On Site

8626 North Lake Blvd
Kings Beach, CA 96143

For Sale|Commercial Sale|Active
0

Beds
0

Full Baths
0

Partial Baths

SqFt

/SqFt

Built
County:
Placer
Listed by Will Doerlich of Realty ONE Group TODAY [email protected]

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(805) 635-7994

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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. 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…

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Listing Snapshot
Price 
$12,000,000
Days On Site 
318 Days
Bedrooms 
N/A
Inside Area (SqFt) 
N/A
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.6324 Acres
Year Built 
N/A
MLS® Number 
41062150
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
N/A
Friends & Family
Recent Activity
5 days ago Listing updated with changes from the MLS®
10 months ago Status changed to Active
10 months ago Listing first seen on site
General Features
Acres 
0.6324

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Exterior Features
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
Cash

This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore

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