Comm/Ind/BusOpp for Sale in SOUTH LAKE TAHOE

$2,400,000

1137 Emerald Bay, South Lake Tahoe, 96150 | 04/22/2019 | Ad id: mls3-130705
Details

Beautifully remodelled hotel/SRO (single room occupancy for monthly rentals) property. Almost a full acre located on busy Highway 50. Large new kitchen with granite counter tops and new cabinets and appliances, dining room and meeting room in main building. Part of the hotel is set up for monthly rentals (SRO) and part for rent by the night groups. New roof, windows, heating, plumbing, electrical system, floors, doors, etc. Property is ADA compliant. Back building has 3 large units. Upstairs unit in the back building is a very large studio and the 2 downstairs units have a living room and one bedroom. There is a very large area behind the back building that stretches to the back street that is all fenced in. Possibly could add some buildings or other uses on this land. Interested buyers should look into the possibilities with the building department about this area.