CA > South Lake Tahoe
South Lake Tahoe, CA 96150,953 Park Avenue
South Lake Tahoe, CA 96150,953 Park Avenue
South Lake Tahoe, CA 96150,953 Park Avenue
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Jaret & Kristi Ghent

Jaret & Kristi Ghent

+1(808) 864-5942
$3,777,000
Est. payment /mo
5,132 SqFt
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UPDATED:

01/01/2025 12:22 AM

Key Details

Property Type Commercial

Sub Type Commercial

Listing Status Active

Purchase Type For Sale

Square Footage 5,132 sqft

Price per Sqft $735

MLS Listing ID 137122

Year Built 1959

Lot Size 9,148 Sqft

Acres 0.21

Property Sub-Type Commercial

Property Description

RARE. Seller will finance! Terms: 3 year term, interest rate 1st year 6%, 2nd yr. 8%, 3rd yr 9.7%. Motel property located in the best location in South Lake Tahoe. Walking distance to all casinos,Lake Tahoe and beaches, Edgewood golf course and Heavenly Valley Ski area gondola close by. Summer activities, entertainment, multiple restaurants, shopping, movies. Everything the traveler could want without needing a car. 13 hotel units plus 2 separate living units. The upstairs living unit could be another hotel rental unit with a kitchen, bedroom and living room. A savvy buyer could really increase the business. Rooms are in good condition and the motel is turn-key ready.

Location

State CA

County El Dorado

Area Stateline

Zoning Commercial

Rooms

Other Rooms Three or More

Interior

Heating Natural Gas

Cooling Natural Gas

Flooring Carpet

Exterior

Exterior Feature Land Included

Utilities Available ElectricityAvailable, City Sewer, NaturalGasAvailable, Cable TV, Telephone, Well - Community

Roof Type Pitched,Shingle

Building

Story Two

Foundation Concrete/Masonry, Basement/Finished

Others

Ownership Fee Simple

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Listed by RE/MAX Gold - SLT
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953 Park Avenue