1528 Tavern Road Road, Mammoth Lakes, CA 93546 | Listings

1528 Tavern Road Road, Mammoth Lakes, CA 93546

  • $2,000,000
  • 3,436 sq ft
  • Year Built: 1971
  • Commercial
  • Listing #220611

Property Description

The Mogul Restaurant- Opportunity to purchase the real estate and business for one of Mammoth's longest established restaurants. 3,436 square feet of total building area, which includes the restaurant (Approx 2,836 sq. ft) and a two-bedroom apartment (approx. 600 sq ft) on the second level (currently used as office space). Sale includes FFE and a Type-47 liquor license. Seating for 104 occupants, 24 on-site parking spaces and 38 off-site spaces (available after 5:00pm). Additional parking in the Town "Park-N-Ride" and charging station, just 400' to the east. 81 new housing units currently under construction in the first phase of the "The Parcel" housing development, 1 block to the west. Future phases of The Parcel schedule for 2024. Property is owner occupied and has been since inception. Roof is relatively new and parking lot has just been slurred and re-striped. Average Net Income for the business is 25% of Gross. Income history is stable with consistent increases over the past 5+ years (Covid shutdowns aside). Current revenues are trending toward record levels

Listing Details

Price$2,000,000
Year Built1971
Property TypeCommercial
Listing #220611
StatusActive
Listing TypeFor Sale

Interior Features

Square Feet3,436
FloorsCarpet, Vinyl Floors
Heating and CoolingPropane, Electric, Forced Air, Other/See Remarks

Exterior Features

ExteriorWood Siding
RoofComposition
Lot Size0.37 acres

Miscellaneous

MLS AreaMammoth Lakes

Courtesy of Matthew Lehman Real Estate760-934-1110

Copyright 2022, Mammoth Lakes Board of Realtors. All rights reserved. The data relating to real estate for sale on this website is deemed reliable but not guaranteed.
This content last updated on 12/2/2022 11:30 AM. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
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