North Tahoe building that stood since 1964 demolished, property on market | SierraSun.com

North Tahoe building that stood since 1964 demolished, property on market

Margaret Moran | mmoran@sierrasun.com

INCLINE VILLAGE, Nev. — A 50-year-old structure that once housed Stanley's Restaurant has been removed from the Incline Village landscape.

On Monday morning, the building at 941 Tahoe Blvd. off Highway 28 was demolished, after it sat vacant and boarded up for nearly a year.

Built in 1964, the building's most recent tenant was Nine41 Eatery & Bar. The restaurant closed abruptly on Oct. 20, 2014, after being open for about a year and a half.

Over the years, the building was home to at least five businesses, including longtime staple Stanley's Restaurant and the Paradise Grill, said Incline contractor Jim Costalupes, who was a co-owner of Paradise Grill and oversaw Monday's demo.

During times of vacancy, the building was the victim of multiple break-ins and vandalism, he said.

"The demolition makes it more attractive to a prospective buyer by removing the antiquated building," said Costalupes, who added that the property will be seeded with grass and flowers to improve its look.

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Posted on the property is a for sale sign, listing it as a two-parcel, 1.98-acre lot zoned for general commercial.

The other parcel is the adjacent lot at the corner of Southwood Boulevard and Highway 28, where the old Chevron gas station once stood.

According to Sperry Van Ness, a commercial real estate company based out of Northern Nevada, the property is listed at $3 million.

The real estate market will dictate what happens next for the location, Costalupes said.

North Lake Tahoe Bonanza Managing Editor Kevin MacMillan contributed to this report.