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Renovated Hotel Near South Lake Tahoe
For Lease
$22,000

985 Park Ave, South Lake Tahoe, CA 96150

Recently remodeled 22-room hotel in South Lake Tahoe's tourist core.

Space Size4,440 SF
Days on Market238

Property Features for 985 Park Ave

General Information

Standard status Active
Size 4,440 SF
Property subtype Hotel For Lease
Lease Term NNN

Building Details

Building Size 4,440 SF
Year Built 1958

Spaces For Lease

at 985 Park Ave
985 Park Ave. South Lake Tahoe $22,000/Mo
Size 4,440 SF
Type Limited Service
Term Negotiable
Contact us
Listing Agency: NAI Tahoe Sierra
Listed By: Scott Fair · License #CalDRE #01761504
Source: Naiglobal
Added: Feb 26 Changed: Oct 16 Last Checked: Oct 20 at 7:33PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of NAI Tahoe Sierra

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Investment Insights

Based on property information with market context.

The Black Jack Inn is a recently renovated 22-room hotel located at the California/Nevada border in South Lake Tahoe. Situated in the tourist core, the property is within walking distance of Heavenly Village, Edgewood Golf Resort, casinos, beaches, hiking trails, and other attractions. The hotel offers nonsmoking rooms and a 24-hour front desk.

Key Highlights

  • Prime location in the Tourist Core of South Lake Tahoe.
  • Walking distance to Heavenly Village, Edgewood Golf Resort, Casinos, Beach, and hiking.
  • Recently renovated 22‑room hotel.

Property Analytics

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Current Use

Blackjack Inn South ... Hotel & Motel

Suggested Use

Top Pick Auto Repair Shop Plumbing Service Furniture & Home Goods Garden Center Big Box & Wholesale Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

707
Businesses Nearby

Demographics for 96150, CA

29,518
Population
23,472
Households
1.3
Avg Household Size
40
Median Age
39%
College-Educated
92%
High-School Grad
163.2 sq mi
ZIP Area
181
Density / Sq Mi
$83,738
Median Household Income
$45,582
Median Earnings
$1,497
Median Rent
$649,100
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Hotel - Recently remodeled 22-room hotel in South Lake Tahoe's tourist core.
Where is this hotel located?
The property is located at 985 Park Ave South Lake Tahoe, CA.
What is the lease rate?
The lease rate is $22,000.
What are key features of this property?
This property features: Prime location in the Tourist Core of South Lake Tahoe.; Walking distance to Heavenly Village, Edgewood Golf Resort, Casinos, Beach, and hiking.; Recently renovated 22‑room hotel.
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