Homes for sale - 611 Highway 50, Zephyr Cove, NV 89448

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Cindy Miller

LPT Realty

cindy@agent4u775.com +1(775) 230-2624

$ 2,000,000

Est. payment | -/mo

0.65 Acres Lot

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$ 2,000,000

Est. payment | -/mo

Save Virtual Tour

0.65 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 240011613

Year Built 1954

Annual Tax Amount $3,652

Lot Size 0.650 Acres

Acres 0.65

Lot Dimensions 0.65

Property Sub-Type Business

Property Description

Very Rare Lake Tahoe Opportunity! 2 Adjacent properties with 200 feet of Highway 50 frontage; the sites can be utilized for a variety of uses, please see attached Land Use document. Current Use is as a turnkey restaurant property that has long been a favorite eating and drinking establishment since the 1950s. It has recently become vacant and the owners have maintained the property in great condition. This property is ready for your culinary & entertainment venue vision!, It is located in the middle of an affluent area; practically a built-in market base ready for a neighborhood hang place. The beautiful hardwood antique bar is unique in shape and has a matching back bar and canopy. The granite cap stone fireplace goes wall to wall and has a piece of bouquet canyon stone for the mantel. The backyard features a stunning beer garden or event space complete with waterfall feature. A list of equipment included in the sale is in the documents section of this listing. Property #1 at 611 Highway 50 is a completely turnkey 2587sqft restaurant on a 9583sqft parcel. Possibility of having up to 15 gaming machines. Buyer to investigate qualifications and requirements of the Nevada Gaming Commission and Nevada Gaming Control Board to their satisfaction. Adjacent Property #2 at 624 Lakeview Dr is included in the sale. It is a vacant 18731sqft parcel currently being used partially as a parking lot for the restaurant, however, the upper portion of the land can in all likelihood be developed into a single family dream home with partial lake views (see attached potential development analysis). The 25 space parking lot was recently seal coated and striped. Property is being sold AS-IS.

Location

State NV

County Douglas

Zoning Special Area 1

Direction Highway 50 & Lakeview Dr, across Pinewild/MarlaBay

Interior

Heating Fireplace(s), Forced Air

Cooling Central Air, Refrigerated

Flooring Ceramic Tile

Fireplace Yes

Exterior

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available

View Y/N No

Roof Type Composition,Pitched,Shingle

Building

Lot Description Landscaped, Sprinklers In Front, Sprinklers In Rear

Story 1

Foundation Slab, Wood

Water Public

Structure Type Frame,Wood Siding,Masonry Veneer

Others

Tax ID 131810417052

Acceptable Financing 1031 Exchange, Cash, Conventional

Listing Terms 1031 Exchange, Cash, Conventional

Virtual Tour https://tour-uswest.metareal.com/apps/player?asset=1d003a82-d026-499e-a767-66c900bdfdac&position=-0.67x1.75y-2.28z&rotation=0.01x-113.21y0.00z

Listed by RE/MAX Realty Today

Find out why customers are choosing LPT Realty to meet their real estate needs

+1(775) 230-2624

cindy@agent4u775.com

1755 E Plumb Ln, Reno, NV, 89502, USA

611 Highway 50 Zephyr Cove, NV 89448