Tradewinds in Kings Beach up for bank sale | SierraSun.com
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Tradewinds in Kings Beach up for bank sale

Annie Flanzaich
Sierra Sun
The Tradewinds Bar and Restaurant, 11 apartments and a six-space mobile home park could be yours for $1.49 million.
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KINGS BEACH ” Interested in buying a piece of lakeview property in Kings Beach? Well the Tradewinds Bar and Restaurant, 11 apartments and a six-space mobile home park could be yours for $1.49 million.

“(The bank) would love to sell the property,” said Lesley Bruening, a Realtor with property manager Bruening and Associates. “The more properties there are on their books the worse it is for the bank, so they would love to move through this property.”

Seattle-based Sterling Savings Bank took over the deed to the 8545 N. Lake Blvd. property for $1.425 million at a public auction in February.

So far Bruening and Associates have received many phone calls and a few offers on the property, Bruening said.

Even though the apartments and mobile home park are also for sale, Bruening said that there are no plans to move the residents living there.

“We’d like to see someone come in and redevelop the commercial element and provide a nice restaurant or bar for the community,” Bruening said.

Bruening and Associates is working with the bank to get a land planner for the property as well as some conceptual architectural drawings of what could be done there, she said.

For information call (530) 546-5161.


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