101 Old Mammoth Mammoth Lakes, CA 93546

$1,300,000 N/A N/A
Price Bedrooms Bathrooms
Price has dropped 7.1% since 8/28/2017 Price History
Status: Active

MLS #: 20170732

Retail Sq. Feet: 4941
On Site: 89 Days Lot Size: 0.48 Acres
Neighborhood: See All Properties for Sale in Old Mmth Road
DESCRIPTION
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One of the prominent corners in Mammoth Lakes the Tavern Professional Center is a premium location, 100% occupied with stable local tenants. Approximately 295 square feet of frontage along Old Mammoth and Tavern Roads. This is a very visible location situated between two active public transportation stops. Old Mammoth Place is proposed to be built one block to the south. Bleu Gourmet Market to occupy the former Chart House location just across the street. The new Grocery Outlet property proposed to occupy the vacant land to the north. Current Gross rents for 2017 are scheduled at $92,739 with increases in years 2018. Offering Package with Income and Operating Statement available with execution of a Non-Disclosure Agreement (Attached in MLS Documents). Do not disturb or question tenants.
FEATURES / AMENITIES
Approx. Sq. Ft.: 4941
Heat: forced air
PROPERTY FEATURES
Lot Size: 0.48 Acres
Lot Dimensions: 125x170x181x111
Parking: Open, pro-rata
Zoning: Commercial General
Directions: Corner of Old Mammoth Road and Tavern Road, one block south of Main Street.
COMMUNITY, TAX AND RELATED INFO
Area: Mammoth Lakes
Gross Income: 92, 739
Net Income: 59, 215
Manager Expenses: owner
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Listing Information Last Updated 11/24/2017
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