39.243923 -119.93678

1003 Tahoe Boulevard Incline Village, NV 89450

270385781 39.243923 -119.93678 3065 /listing/270385781-150071405/1003-tahoe-boulevard-incline-village-nv-89450 False 0 6500000.0 17838 101 1006681 False
  • $6,500,000
  • 17,838 sqft
  • 0.54 lot
  • Est payment $34893.41/mo

Property & Neighborhood Info

Courtesy Of Corcoran Global Living IV

Commercial in Incline Village

The Parkside Inn is one of Incline Village's most unique and robust commercial opportunities, consisting of 38 beautifully-appointed rooms configured in two wings, one with a motel-type exterior entry, and the other wing with hotel-type interior access, The Inn features a library/TV lounge, a large game room and a nice indoor pool and spa. Parking allocates apprx one space per room including a rare underground parking facility. The Parkside is also unique in providing a free-standing, two story/two bedrm manager's residence. The owners have a highly-regarded on-site husband-wife mgmt team running the Inn. Parkside Inn guests can arrange access to Incline Beaches. Note: despite strong NOI we have lowered the price of the Inn from $8m (6% ROI) to $6.5m

Courtesy Of Corcoran Global Living IV
  1. 17,838 Sq. Ft.
  2. 0.54 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1977
  • Floors: 2
  • County: Washoe
  • Taxes: $13,132.00
  • MLS Number:1006681

Additional Features

  • CDOM:
    • 188
  • Gross Income:
    • 900000
  • Legal Description:
    • Frac Sw4 14 & Frac Nw4
  • Listing Key:
    • 405042319
  • Net Operating Income:
    • 500000
  • Parcel Number:
    • 130-163-31
  • Public Document Count:
    • 2
  • SQFT Source:
    • Assessor
  • Topography:
    • Level
  • Construction:
    • Frame
    • Log
    • Stone
  • Heating:
    • Electric
    • ForcedAir
  • Levels:
    • Two
  • Listing Type:
    • ExclusiveRightToSell
  • Current Use:
    • Commercial
  • Flooring:
    • Carpet
    • Tile
    • Slate
  • Lot Description:
    • Wooded
    • Level
  • Parking:
    • Covered
    • OffStreet
    • Garage
  • Possible Use:
    • HighwayTouristService
    • Commercial
  • Roof:
    • Composition
  • View:
    • TreesWoods
  • Faces:
    • Southwest
  • Furnished:
    • Furnished
  • Attached Garage:
    • N
  • Interior Features:
    • Sauna
    • HandicapAccess
  • Spa:
    • Sauna
  • Garage:
    • Y
  • Style:
    • Mountain
  • Exterior:
    • Pool
  • Pool:
    • Heated
  • Terms:
    • Cash
  • Business Type:
    • HotelMotel
  • Possession:
    • CloseOfEscrow
Neighborhood info courtesy of Homes.com © 2020

What's My Mortgage?

$38,769.95*
*Estimated monthly payment is a starting point to help assist you with your home search. To find out more about mortgage pre-qualification, click here.
Christine Ferris
Christine Ferris
REALTOR®
954 Lakeshore Blvd. Incline Village NV 89451
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39.243923 -119.93678

1003 Tahoe Boulevard Incline Village, NV 89450

270385781 39.243923 -119.93678 3065 /listing/270385781-150071405/1003-tahoe-boulevard-incline-village-nv-89450 False 0 6500000.0 17838 101 1006681 False
  • $6,500,000
  • 17,838 sqft
  • 0.54 lot
  • Est payment $34893.41/mo