550 Old Mammoth Road, Mammoth Lakes, CA 93546
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550 Old Mammoth Road, Mammoth Lakes, CA 93546,Video Tour
550 Old Mammoth Road, Mammoth Lakes, CA 93546
550 Old Mammoth Road, Mammoth Lakes, CA 93546
550 Old Mammoth Road, Mammoth Lakes, CA 93546
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Listed by Matthew Lehman Real Estate
$ 1,850,000
Est. payment /mo
Active

550 Old Mammoth Road Mammoth Lakes, CA 93546

5,955 SqFt


UPDATED:

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

Square Footage 5,955 sqft

Price per Sqft $310

Subdivision Old Mammoth Road

MLS Listing ID 260634

HOA Y/N No

Year Built 1969

Lot Size 0.360 Acres

Property Sub-Type Retail

Property Description

This property is available for purchase or long-term Triple Net (NNN) lease. Owned by the same owner since 2001, it has been extensively remodeled with quality construction and finishes and has been meticulously maintained. For decades it has been home to the highly respected Sierra Design Studio, not part of this sale/lease. The building offers vast open showroom space with high ceilings and strong attention to detail, separate office and workshop space, plus private bathrooms and a kitchen. The large ground floor is currently demised into offices, workrooms, and show spaces and can readily accommodate warehouse, commercial, or mixed uses. Tax records report 5,955 square feet of finished area. The property is zoned C-2 in the Old Mammoth Road District. This district allows a 2.0-2.5 Floor Area Ratio and is intended for community-serving retail, galleries, office, and services, plus mixed-use and live-work. Don't need all the space... split it up and rent. There are 12 open parking spaces and a recently patched and slurry-sealed parking lot. The site has more than 97 feet of frontage on the very active Old Mammoth Road and also has a 160-foot depth. In addition to the strong ground-floor frontage, a residential studio on the second floor enjoys views of the Sherwin Range. Live and work in the same place or rent the studio out. For Leases: Property is being offered for lease at $1.70 per square foot per month, full triple net (NNN). Meaning tenant will be responsible for all expenses associated with the property including insurance, taxes, snow removal, utilities, non-capital improvement maintenance/repairs, etc. This property used to be individual warehouse units and the space is still separately metered. Measured square footage reflects a larger figure than the tax records, so buyer should verify square footages to satisfy themselves with the accuracy.

Location

State CA

County Mono

Area Mammoth Lakes

Interior

Interior Features Wide Interior Halls and Doors

Heating Forced Air, Propane

Cooling None

Flooring Other

Fireplace No

Exterior

Exterior Feature Landscaping

Parking Features Open, On Site, Parking Lot

Utilities Available Cable Available, Electricity Available, Natural Gas Available, Separate Meters, Sewer Connected

Roof Type Metal

Accessibility Parking, Accessible Doors

Total Parking Spaces 12

Building

Faces South

Story Two

Entry Level Two

Sewer Connected

Water Public

Level or Stories Two

New Construction No

Others

Tax ID 035-190-004-000

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Karen Nelson

Karen Nelson

Broker License ID: 01144993

+1(760) 709-1000

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550 Old Mammoth Road