Commercial business center, centrally located in Mammoth Lakes on the corner of Laurel Mountain Road and Sierra Nevada Road. 5,920 square feet of usable area (Includes common area, meeting space, and bathrooms) and 4,505 of leasable area. Property has a good/consistent rental history with professional occupants. 14 leasable spaces, a small conference room, utility room and common area. Roofs were replaced approximately 3 years ago. Rents are below market and new short-term leases in place as of 6.1.2022. This property sits two lots totaling approximately .57 acres of land. CAM charges are passed through to tenants, but estimated CAM for foot for the spaces are set at $.65 and $.75. Gross Rent and CAM Income for 2019, 2020, and 2021 was $89,997, $88,193 and $86,226 respectively. 2022 Rent + CAM Income $97,428.
| Price | $1,200,000 |
|---|---|
| Year Built | 1991 |
| Property Type | Commercial |
| Listing # | 220163 |
| Status | Active |
| Listing Type | For Sale |
| Square Feet | 5,920 |
|---|---|
| Floors | Other/See Remarks |
| Heating and Cooling | Propane, Forced Air |
| Exterior | Wood Siding |
|---|---|
| Roof | Flat |
| Lot Size | 0.57 acres |
| MLS Area | Mammoth Lakes |
|---|
Courtesy of Matthew Lehman Real Estate
| Schools near Mammoth Lakes, CA 93546 | Type | Students | Rating |
|---|---|---|---|
Mono County Office of Education Inclusive Preschool
1500 Meridian Blvd |
Public |
||
Eastern Sierra Christian Academy
384 S Landing Rd |
Private K-7 |
38 | |
Sierra High (Continuation)
461 Sierra Park Rd |
Public 10-12 |
6 | |
Jan Work Community
451 Sierra Park Rd |
Public 1-12 |
7 | |
Mammoth Middle School
1600 Meridian Blvd |
Public 6-8 |
243 |
6 EDU CLIMATE |
Mammoth Elementary School
1500 Meridian Blvd |
Public K-5 |
507 |
5 EDU CLIMATE |
Mammoth High School
365 Sierra Park Rd |
Public, Advanced Placement 9-12 |
363 |
6 EDU CLIMATE |
7 Results Found
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Estimated taxes and insurance are not included. Sales price from MLS. Mortgage calculator source: NextHome, Inc.
