Additional details

Listed by Timothy Toye • Timothy Toye and Associates
$2,995,000
Est. payment /mo
UPDATED:
Key Details
Property Type Commercial
Sub Type Hotel/Motel
Listing Status Active
Purchase Type For Sale
MLS Listing ID LC-23083319
Year Built 1928
Property Sub-Type Hotel/Motel
Source California Regional Multiple Listing Service (CRMLS)
Property Description
Historic landmark resort hotel building near the shore of Clear Lake with panoramic views on 7+ acres /9 parcels. 53,000 sf. A partially remodeled and restored castle, with a grand lobby, 4 floors, 7 conference/ classrooms, 4 commercial bathrooms, all fully remodeled, commercial kitchen with so much potential once remodeled, 66 additional bedrooms each with bathrooms and a closets, beautiful spiral staircase leads you to 2 large tower offices and so much more... A unique investment opportunity full of possibilities including educational or research facility, retreat center, corporate campus, nursing home, museum & more. Short term seller finance available: $1 million down, balance at 5.99% over 3 years, interest only payments.
Location
State CA
County Lake
Area Lcluc - Lucerne
Interior
Heating Central, Fireplace(s)
Laundry Laundry Equipment Own Lease, Common Area, Community, Inside
Exterior
Utilities Available Propane, Sewer Available, Sewer Connected, Water Available, Electricity Available, Electricity Connected
Building
Lot Description Value In Land, Gentle Sloping, Level, 6-10 Units/Acre
Others
Virtual Tour https://youtu.be/4T1FJELSREM
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