58 Sierra Park Rd, Mammoth Lakes, CA 93546

Location Highlights

Strategically situated within the town limits of Mammoth Lakes, this corner property boasts high visibility and accessibility. Positioned directly across from the Town and County offices, it offers unparalleled convenience for tenants and patrons alike.

Property Overview

This two-story, multi-use building presents a versatile investment opportunity:

Ground Floor: Features four expansive industrial/storage bays totaling approximately 4,836 SF. These bays offer the potential for subdivision into up to seven smaller units, catering to diverse commercial needs.

Second Floor: Comprises two well-appointed apartment units, collectively offering around 2,918 SF of residential space.

Financial Summary

Current Gross Income: $104,400 annually (excluding owner's usage)

Projected Gross Income: $176,492 annually (assuming all units are leased at market rates)

Rent Roll: [Attach or provide details]

Market Insights

The Mammoth Lakes commercial real estate market is experiencing robust demand. Retail spaces average $29/SF annually, while office spaces range from $1.50 to $2.25/SF monthly, depending on location and amenities. LoopNet+3LoopNet+3Showcase+3

Investment Highlights

Versatility: Mixed-use configuration accommodates both commercial and residential tenants.

Location: Proximity to government offices enhances tenant appeal.

Income Potential: Opportunity to increase revenue by leasing currently owner-occupied units.

Adaptability: Ground floor bays can be reconfigured to meet specific tenant requirements.

Contact Information

For further details or to schedule a private tour: