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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).
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The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 6th June, 2023 9:08 AM (UTC)
Data maintained by MetroList® may not reflect all real estate activity in the market. All information has been provided by seller/other sources and has not been verified by broker. All measurements and all calculations of area (i.e., Sq Ft and Acreage) are approximate. All interested persons should independently verify the accuracy of all information. All real estate advertising placed by anyone through this service for real properties in the United States is subject to the US Federal Fair Housing Act of 1968, as amended, which makes it illegal to advertise "any preference, limitation or discrimination because of race, color, religion, sex, handicap, family status or national origin or an intention to make any such preference, limitation or discrimination." This service will not knowingly accept any advertisement for real estate which is in violation of the law. Our readers are hereby informed that all dwellings, under the jurisdiction of U.S. Federal regulations, advertised in this service are available on an equal opportunity basis. Updated: 6th June, 2023 9:08 AM (UTC)
Listing Agent: Patrick M OHare
Listing Office: Century 21 Select Real Estate
