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8931 North Lake Boulevar
KINGS BEACH, CA 96143

$1,425,000 
  • -- Beds
  • -- Baths
  • Commercial | Commercial
  • Active
8931 North Lake Boulevar , KINGS BEACH - 1719523
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Property Description for 8931 North Lake Boulevar , KINGS BEACH CA 96143

Wonderful opportunity to own a mixed-use building currently being run as Hostel Tahoe (business being sold with the property). Completely remodeled and open for business this property grossed $145k. Includes two buildings (3,800 sf), 7 fully remodeled units, max capacity of 28 persons. Tasteful common areas with two full kitchens, gas fireplace insert, and full bath. Excellent North Lake Tahoe location, easy access, and 9 parking spots. Business is well known on Trip Advisor, Yelp, Facebook and Google.

  • Property Class: COMMERCIAL/INDUSTRIAL
  • Listing Status: Active
  • City: KINGS BEACH
  • State: CA
  • Zip: 96143
  • Area: BROCKWAY TRACT-1SO
  • County: PLACER
  • Class: Commercial
  • Property Subtype: Commercial
  • Approx Lot Size: 0.260
  • Stories: 1
  • Baths (F/H): -- / --
  • Listing#: 20181563
  • List Date: 6/18/2018
  • Last updated on: 8/19/2018

Property Features for 8931 North Lake Boulevar , KINGS BEACH CA 96143

  • View: Lake, Peek
  • Exterior Features: Gutters, Landscaping, Other/See Remarks
  • Topography: Upslope, Gentle
  • Alarm: N
  • Handicap Friendly: Few Steps
  • Parking Surface: Black Top
  • Setting: Street

Additional Information for 8931 North Lake Boulevar , KINGS BEACH CA 96143

  • Alarm: N
  • Current Use: Lodging/Hostel
  • PARKING SPACES: 0-9
  • Community: North Laketahoe
  • Fee: 3
  • Gross Income: 149000
  • Net Income: 77939
  • Other Expenses: 60625
  • Utility Expenses: 7346
  • Zoning: Mixed Use
Courtesy of David Gemme, Oliver Luxury Real Estate
Copyright 2018, Tahoe Sierra. All Rights Reserved.
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