For Lease
$60/SF/YR

985 Park AveSouth Lake Tahoe, CA 96150

Prime Location, 22 Rooms, 4,440 sq ft

Overview

Added:
Dec 11, 2024
Days on market:
114
The Black Jack Inn, a 4,440 square foot, two-story hotel located at 985 Park Ave, South Lake Tahoe, CA 96150, presents a unique investment opportunity. This single-tenant property sits on a 15,246 square foot lot and boasts 22 rooms, all nonsmoking, and a 24-hour front desk. Built in 1958, the property is zoned TC and features 24 parking spaces. Its prime location at the California/Nevada border offers easy access to numerous attractions. A short three-minute walk leads to Heavenly Village, providing guests with convenient access to skiing, dining, and shopping. Furthermore, the proximity to Stateline Casino (a five-minute walk) enhances the property's appeal to both leisure and gaming tourists. The entire 4,440 square feet of the building is currently vacant, presenting a blank canvas for a new hospitality venture. The property's APN is 029-065-004-000, and it is located in El Dorado County. This exceptional opportunity allows for a thriving business in a high-demand tourist destination. The property's existing infrastructure provides a solid foundation for immediate occupancy and operation.

Highlights

  • 22-key recently remodeled hotel for lease.
  • Prime South Lake Tahoe tourist location.
  • Walkable to Heavenly Village, Edgewood Golf Resort, casinos, beach, and hiking trails.
  • 22 units.
  • Surface parking.

Property Details for 985 Park Ave

Property type
Retail properties, Restaurants
RSF (Rentable sq. ft)
4,440 SF
Year Built
1958
Buildings
1
Stories
2

Unit(s) available at that property

Space
Available Space
Size
4,440 SF
Rate per SF
$60

Location Insight

City
South Lake Tahoe
County
El Dorado
State
California
Latitude
38.9559211
Longitude
-119.945121
985 Park Ave, South Lake Tahoe, California

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985 Park Ave
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