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283 Sierra Manor Rd 14,960 SF Retail Building Mammoth Lakes, CA 93546 $4,224,750 CAD ($282.40 CAD/SF) 4.98% Cap Rate



Investment Highlights
- Long Term Tenant/Lease
- Down Town Location
Executive Summary
Rare opportunity to acquire a centrally located, income-producing commercial property in Mammoth Lakes. The property consists of two legalparcels totaling approximately 69,695 square feet and is currently occupied by Ace Hardware/High Country Lumber under a long-term lease, providing stable monthly income. Frontage along Sierra Manor Road, Sierra Park Road, and Meridian Boulevard, the site offers strong accessibility and visibility within an established commercial and service corridor. Zoning (OMR – Old Mammoth Road District) allows for a wide range of permitted uses including retail, office, medical, service, multi-family residential, mixed-use, and lodging. The property is located in downtown Mammoth Lakes across from Vons, Eateries, Shopping and Entertainment and is approximately ½ mile from the North Village redevelopment corridor and benefits from Mammoth Lakes’ supply-constrained market and investment opportunities. Ideal for investors seeking current cash flow with long-term redevelopment optionality in one of California’s premier four-season resort communities.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,960 SF
Building Class
C
Year Built
1971
Price
$4,224,750 CAD
Price Per SF
$282.40 CAD
Cap Rate
4.98%
NOI
$210,393 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.37
Lot Size
0.93 AC
Zoning
OMR - Old Mammoth Road Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
70/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 035-210-006-000 | Improvements Assessment | $1,053,800 CAD |
| Land Assessment | $195,901 CAD | Total Assessment | $1,249,701 CAD |
Property Taxes
Parcel Number
035-210-006-000
Land Assessment
$195,901 CAD
Improvements Assessment
$1,053,800 CAD
Total Assessment
$1,249,701 CAD
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Mammoth Realty Team
283 Sierra Manor Rd
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