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. 2020 Caltrans Traffic Count 32,000 AADT (Annual Average Daily Traffic)
Listing Agent: Patrick OHare Courtesy of: Century 21 Select Real Estate 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.
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