$ 3,777,000
953 Park Avenue South Lake Tahoe, CA 96150
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$ 3,777,000
Est. payment | /mo
5,132 SqFt
$ 3,777,000
Est. payment | /mo
5,132 SqFt
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 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
Listed by RE/MAX Gold - SLT
"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "