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.
Property Details
Price:
$2,400,000
MLS #:
130705
Status:
Active
Address:
1137 Emerald Bay Road
Type:
Commercial
City:
South Lake Tahoe
Listed Date:
Apr 22, 2019 (471 days)
State:
CA
Square Ft (approx):
7,921
ZIP:
96150
Lot Size:
43,500 sqft / 1.00 acres (approx)
Year Built:
1948
Schools
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Courtesy of Lloyd Aronoff of RE/MAX Realty Today. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the South Tahoe Association of Realtors. Detailed information about real estate listings held by brokerage firms other than Ascent Property Group include the name of the listing broker. Neither the listing company nor Ascent Property Group shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2020. South Tahoe Association of Realtors. All rights reserved. 1137 Emerald Bay Road
South Lake Tahoe, CA