611 Highway 50

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.