2375 Lake Tahoe Boulevard, South Lake Tahoe, CA 96150

$10,000,000
44,815
SqFt
List Price
$10,000,000
MLS#
222097108
Status
ACTIVE
Living Sq. Ft
44,815
Square Footage
44815
Type
Commercial
Zip
96150
City
South Lake Tahoe

Property Description

Lake Tahoe is the jewel of the Sierras! A rare opportunity is being offered. 143 room motel on Lake Tahoe Blvd (U.S.Hwy 50) currently leased/operated by Motel 6. Plus 4,000+ sqft free standing restaurant. All on 4+ acres. Lots of options for this venture. Pure investment option of leasing to an operator or enjoy being the owner/operator and seize the opportunity to invest and live in the all season paradise that is Lake Tahoe. Potential abounds: maintain as affordable motel operation, upgrade the facility or it even has a potential for development as Work Force Housing. Outstanding exposure on Lake Tahoe Blvd (Highway 50).

Additional Information

Land Area (Acres)
4.03
Year Built
1976
Subtype
Hotel-Motel
Stories
2
Misc
Manager's Office, Reception Area, Restroom(s)-Private, Individual Thermostat Control, Washer/Dryer Owned
Cooling
Central, Ductless, Wall Unit(s)
Heat
Central, Ductless

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Century 21 Select Real Estate.

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All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. Broker has represented to MetroList that Broker has a valid listing signed by seller authorizing placement in the MLS. Above information is provided by Seller and/or other sources and has not been verified by Broker. Copyright 2022 MetroList Services, Inc. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of MetroList® MLS. All information has been provided by seller/other sources and has not been verified by broker. All interested persons should independently verify the accuracy of all information. Last updated .

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