North Tahoe-Truckee’s last bookstore delays closure in hopes of selling
TRUCKEE, Calif. — The back cover on the Truckee Bookshelf story hasn’t shut just yet.
Owner Debbie Lane has decided to keep the bookstore open a little longer than originally planned in hopes someone will come forward to buy and continue running the business.
“I really wanted to see Truckee keep the Bookshelf, “ Lane said. “ … I would like to know a bookstore will continue, hopefully sooner rather than later. After all, it has been my life’s work.”
Lane, who has owned the business for 23 years, decided last year to list it for sale, so she may retire and spend time traveling with her husband and visiting family.
At the time, the bookstore’s three-year lease was coming up (Jan. 31, 2016), and the 68-year-old proprietor was optimistic the business would sell by then.
While its listing through Dickson Realty has garnered interest from potential investors, none are interested in managing the bookstore, Lane said.
Rather than let the business close as a result, Lane has decided to delay her retirement and remain at the helm through Sept. 30, with the hope a buyer can be found or a co-op formed in that time.
“I love what I do and have for the past 23 years,” she said. “If we don’t find a buyer, I guess I will have to let go — but not quite yet.”
Since its long-term lease expired at the end of last month, the business at 11429 Donner Pass Road in the Westgate Shopping Center is now operating on a month-to-month lease, Lane said.
As of Thursday, the Bookshelf has been on the market for 173 days, according to Dickson Realty, with an asking price of $55,000, not including store’s inventory books, journals and more.
The value of the store’s inventory is roughly $90,000, Lane said.
“I am optimistic we will find a buyer … because we have some investors who want the store here,” she said. “… I think it’s important for (the) investor/manager to have a vested interest in the Bookshelf.”
The Bookshelf is the last remaining bookstore in Truckee/North Shore region, and when its sales were down in 2013 due in part to online competition and a then-recent move from its 20-year location in the Gateway Center, the community rallied behind it to keep its doors open.
“I hear all the time: ‘We love your bookstore. I wish I could buy the Bookshelf. Please don’t close,’” Lane said. “… They are our people, we don’t want to let them down.”