Price:
$1,200,000
MLS #:
220163
Sq. Ft.:
5920
Lot Size:
0.57 Acres
Yr. Built:
1991
Type:
Commercial
Multi-Use Building
Area:
Mammoth Lakes
Subdivision:
Sierra Park
Address:
290-306 Laurel Mountain
Mammoth Lakes, CA 93546
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.
Interior Features:
Forced Air
Exterior Features:
Flat
Landscaping
Wood Siding
Utilities:
Cable
Propane
Listing offered by:
Matthew Lehman - License# 01524943 with Matthew Lehman Real Estate - 760-934-1110.
Ashley Toups - License# 01524943 with Matthew Lehman Real Estate - 760-934-1110.
Map of Location:
Data Source:
Listing data provided courtesy of: Mammoth Lakes MLS (Data last refreshed: 03/22/23 5:00pm)
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Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer. The listing broker's offer of compensation is made only to MLS participants.
Notice & Disclaimer: All listing information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing or renting. Information is not guaranteed to be accurate. All measurements (including square footage and acreage) should be independently verified by the buyer. The listing broker's offer of compensation is made only to MLS participants.
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