Rare opportunity to acquire a centrally located, income-producing commercial property in Mammoth Lakes. The property consists of two legalparcels totaling approximately 69,695 square feet and is currently occupied by Ace Hardware/High Country Lumber under a long-term lease, providing stable monthly income. Frontage along Sierra Manor Road, Sierra Park Road, and Meridian Boulevard, the site offers strong accessibility and visibility within an established commercial and service corridor. Zoning (OMR – Old Mammoth Road District) allows for a wide range of permitted uses including retail, office, medical, service, multi-family residential, mixed-use, and lodging. The property is located in downtown Mammoth Lakes across from Vons, Eateries, Shopping and Entertainment and is approximately ½ mile from the North Village redevelopment corridor and benefits from Mammoth Lakes’ supply-constrained market and investment opportunities. Ideal for investors seeking current cash flow with long-term redevelopment optionality in one of California’s premier four-season resort communities.