58 Sierra Park Rd - Flex FOR SALE


Mammoth Lakes, CA 93546
$1,800,000 USD
760-822-5845
58 Sierra Park Rd, Mammoth Lakes, CA for Sale
$1,800,000 USD
Flex - FOR SALE
1/9
null | Request Cap Rate

58 Sierra Park Rd
Mammoth Lakes, CA 93546


HIGHLIGHTS

  • Unique Industrial inside Town limits
  • Across the street from government offices
  • Apartments above industrial
  • Highly desired industrial

OVERVIEW

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:

FOR SALE DETAILS

PRICE

$1,800,000 USD

PRICE/SF

$226 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

58 Sierra Park Rd.

PROPERTY TYPE

Flex

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1973

UTILITIES

Lighting, Gas, Water, Sewer, Heating

CLEAR CEILING HT

-

DOCKS

-

DRIVE INS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.18

LAND SF

7,966

ZONING

D

APN/PARCEL ID

035-140-001-000

ASK ABOUT THIS PROPERTY

Matthew LehmanMatthew Lehman Real EstateMore Info
760-822-5845

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Matthew LehmanMatthew Lehman Real EstateMore Info
760-822-5845

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.