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...
Courtesy: eXp Realty-Incline Village
775-339-1144
A wonderful opportunity to own a North Lake Tahoe staple that has been open since 1962. The building and property isavailable at a time when Kings Beach is going through some wonderful renovations and exciting changes. This location hasbeen serving families wonderful food for six decades and is prime for a new owners vision or to continue with what hasworked for over half a century. The location sits on the busy street of North Lake Blvd with wonderful frontage in a hot spotof North Lake Tahoe.
Kings Beach is located in California. Kings Beach, California has a population of 2,824. Kings Beach is more family-centric than the surrounding county with 36.61% of the households containing married families with children. The county average for households married with children is 35.29%.
The median household income in Kings Beach, California is $46,023. The median household income for the surrounding county is $80,488 compared to the national median of $57,652. The median age of people living in Kings Beach is 33.6 years.
The average high temperature in July is 77.2 degrees, with an average low temperature in January of 19.4 degrees. The average rainfall is approximately 21.7 inches per year, with 184.9 inches of snow per year.
