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Investment Highlights

  • High Traffic Area and Visibility from Highway
  • Historic Restaurant Space with income producing STR
  • On Site Water Well with Pristine Quality Water

Executive Summary

Most recently known as the Black Bear Tavern, 2255 Westlake is an Iconic Tahoe location beautifully constructed with local pine logs and stone. The history on file dates back to 1932 when construction began, the building has been a home and a restaurant. It currently has a one bedroom studio apartment with a private entrance and current STR permit. The commercial kitchen is still in place and ready to be modernized if a restaurant is again in the building's future, an additional small kitchenette is located in the southern section of the building. Three large rooms once used as a bar and two dining rooms are now used as comfortable living and working areas, all three with classic stone fireplaces.Two additional rooms in the south area of the building are currently being used as bedrooms and there are a total of 4 bathrooms on site. Other areas for plenty of storage are also on site. The exterior of the property has a large stone deck that can be used for dining or entertaining, a courtyard off the main center room that could be covered for year round use and avast slightly down sloping open area that sits right on Ward Creek for amazing atmosphere. Weddings and large parties have been hosted with and without tents depending on Tahoe weather in these amazing wooded outdoor space. A parking lot with room for about 45 vehicles is also included. Water on the property is supplied by a private well that was brand new in 1998and has tested at a very high quality. Current testing in process and will be on file soon. Pressure Test for Sewer has been completed and passed. The opportunities at this location are endless for a new owner looking to create a home or a business. History on the property to go along with the historical photos here..... The photographic record of building Tahoe's iconic and historic pine log, lodge style restaurant known as the Forest Inn. The Faust Family owned a restaurant in PalmSprings and built a summer cabin on Ward Creek on the West Shore of Lake Tahoe. It is said that during the second summer the patriarch decided to begin serving meals to the summer vacationers around Lake Tahoe's West shore. The land was first cleared by horse drawn plow. The construction of the cabin started in 1932. By 1935 the restaurant was under construction and completed by 1936. The restaurant began service in 1937 and was the toast of summer residents during the days of theKaiser estate, and others. The snow fall of 1938 looks quite similar to some of our recent years of snow accumulation.Buyer to Investigate Permitting Process for Intended use. Permitted as Restaurant in Past. Current STR Permit in place for Apartment. Water Well on Property last tested at pristine condition levels.

Property Facts

Price $8,381,894 CAD
Price Per SF $1,857.69 CAD
Sale Type Investment or Owner User
Property Type
Flex
  • Flex Research & Development
  • General Retail Restaurant
  • Office Office Residential
Rentable Building Area 4,512 SF
No. Stories 2
Year Built 1936
Parking Ratio 10/1,000 SF
Zoning Residential /Commercial

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating
Somewhat walkable
20/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
  • Listing ID: 41117638

  • Date on Market: 2026-07-01

  • Last Updated:

  • Address: 2255 W Lake Blvd, Tahoe City, CA 96145

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