ICONIC RESTAURANT/RETAIL BUILDING IN KINGS BEACH — Sale in Kings Beach, CA

  • Price: $4.9M
  • Listing type: For sale
  • Asset type: Business
  • Location: Kings Beach, CA 96143
  • Size: 6,172 SF
  • Year built: 2007

Investment Figures

Price per square foot
$794

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

ONE OF A KIND OPPORTUNITY! Nestled in picturesque Kings Beach, this iconic free-standing commercial building has the potential for a number of uses including retail, education, cocktail lounge, event center, or even housing. In its current configuration and recent past use, this charming restaurant includes everything you need to open a dining establishment. The total seating capacity is 305, with 180 inside and 125 on the Deck. The building is 6,172 sf with 4,237 +/- sf on the ground floor, and 1,935 sf +/- on the second floor deck with views of beautiful Lake Tahoe. The 0.38 acre parcel features 22 parking spaces and a secure trash enclosure on a paved lot. The property is located on popular Lake Blvd in Kings Beach, CA in scenic North Lake Tahoe. Recent enhancements in the vicinity have further elevated the area’s allure. Improvements to the roadway, sidewalk, lighting, and landscaping have created a vibrant, pedestrian-friendly commercial center in the heart of the Kings Beach community. Most fixtures, furniture, and equipment are included in the purchase price. The full-service kitchen features a prep station, cook station, dishwashing station, and wait station. The second floor deck is serviced by an elevator and includes a wait station, large umbrellas and patio heaters. There is a 600 kw natural gas generator that is capable of running the entire building. The gorgeous wood bar, decorative tile accents, distinctive light fixtures, and glazed tile flooring offer an enchanting space for patrons to visit while enjoying cocktails. Building SF: 6172 | Year Built: 2007 | Listing Type: FOR SALE

Market Context

This commercial property in Kings Beach, CA is listed for sale at $4,900,000 across 6,172 SF ($794/SF). The building dates to 2007. It has been on the market for 70 days. Compare it against other commercial property listings for sale in Kings Beach, CA — view the full market.

Contact

Explore this market

Similar Business for Sale in Kings Beach, CA