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Investment Highlights
- EXCEPTIONALLY RARE DRIVE-THRU LOCATION
- PROMINENT 1.22-ACRE MAIN STREET SITE
- DIFFICULT-TO-REPLICATE REAL ESTATE FUNDAMENTALS
- BROAD REPLACEMENT-TENANT POTENTIAL
- EXTENSIVELY RECONSTRUCTED IN 2018
Executive Summary
GATEWAY TO MAMMOTH LAKES
The property is strategically positioned along Main Street/State Route 203, the principal access route connecting U.S. Highway 395 with Mammoth Lakes and Mammoth Mountain. Located near the eastern gateway to town, the property benefits from approximately 14,500 vehicles per day and exposure to residents, employees and visitors traveling throughout the resort community.
SIGNIFICANT NEARBY DEVELOPMENT ACTIVITY
Mammoth Lakes continues to attract substantial public and private investment. The 149-room Limelight Mammoth opened in December 2025, while additional activity includes the approved 67-unit Woodsite resort-residential community and The Parcel, which allows for up to 450 affordable workforce-housing units. Preliminary plans have also been presented for Mammoth Crossing, a proposed luxury development featuring a 196-room JW Marriott resort and Ritz-Carlton and JW Marriott branded residences.
Nearby institutional investment includes the approximately $27 million Mammoth Lakes Civic Center, scheduled to begin public operations in late summer 2026, and Mammoth Hospital’s 68,000+ square-foot North Wing expansion, expected to open in 2028.
APPROXIMATELY 2.8 MILLION ANNUAL VISITORS
Mammoth Lakes welcomes approximately 2.8 million summer and winter visitors annually. This substantial visitor volume expands the property’s consumer base well beyond the area’s permanent population and supports year-round demand for dining, retail, hospitality and convenience-oriented services.
WORLD-CLASS FOUR-SEASON RESORT ECONOMY
Anchored by Mammoth Mountain, the market benefits from skiing, snowboarding, mountain biking, hiking, fishing, golf and other outdoor recreation. Mammoth Mountain features an 11,053-foot summit, more than 3,500 acres of skiable terrain and 180 named trails, reinforcing Mammoth Lakes’ position as one of the West Coast’s premier four-season resort destinations.
AFFLUENT AND DIVERSE CONSUMER BASE
The surrounding three-mile trade area contains approximately 9,594 housing units and reports an average household income of approximately $130,390. The combination of affluent permanent residents, seasonal homeowners, hospitality guests, resort employees and year-round visitors creates multiple sources of consumer demand.
DIFFICULT-TO-REPLICATE REPOSITIONING OPPORTUNITY
The property combines one of only two permitted drive-thru buildings in Mammoth Lakes with a substantial 1.22-acre parcel, modernized freestanding improvements and prominent exposure along the primary route to Mammoth Mountain. These attributes position the property to attract restaurant, coffee, retail, medical, financial-service and other commercial users seeking a strategic presence in a highly constrained resort market.
The property is strategically positioned along Main Street/State Route 203, the principal access route connecting U.S. Highway 395 with Mammoth Lakes and Mammoth Mountain. Located near the eastern gateway to town, the property benefits from approximately 14,500 vehicles per day and exposure to residents, employees and visitors traveling throughout the resort community.
SIGNIFICANT NEARBY DEVELOPMENT ACTIVITY
Mammoth Lakes continues to attract substantial public and private investment. The 149-room Limelight Mammoth opened in December 2025, while additional activity includes the approved 67-unit Woodsite resort-residential community and The Parcel, which allows for up to 450 affordable workforce-housing units. Preliminary plans have also been presented for Mammoth Crossing, a proposed luxury development featuring a 196-room JW Marriott resort and Ritz-Carlton and JW Marriott branded residences.
Nearby institutional investment includes the approximately $27 million Mammoth Lakes Civic Center, scheduled to begin public operations in late summer 2026, and Mammoth Hospital’s 68,000+ square-foot North Wing expansion, expected to open in 2028.
APPROXIMATELY 2.8 MILLION ANNUAL VISITORS
Mammoth Lakes welcomes approximately 2.8 million summer and winter visitors annually. This substantial visitor volume expands the property’s consumer base well beyond the area’s permanent population and supports year-round demand for dining, retail, hospitality and convenience-oriented services.
WORLD-CLASS FOUR-SEASON RESORT ECONOMY
Anchored by Mammoth Mountain, the market benefits from skiing, snowboarding, mountain biking, hiking, fishing, golf and other outdoor recreation. Mammoth Mountain features an 11,053-foot summit, more than 3,500 acres of skiable terrain and 180 named trails, reinforcing Mammoth Lakes’ position as one of the West Coast’s premier four-season resort destinations.
AFFLUENT AND DIVERSE CONSUMER BASE
The surrounding three-mile trade area contains approximately 9,594 housing units and reports an average household income of approximately $130,390. The combination of affluent permanent residents, seasonal homeowners, hospitality guests, resort employees and year-round visitors creates multiple sources of consumer demand.
DIFFICULT-TO-REPLICATE REPOSITIONING OPPORTUNITY
The property combines one of only two permitted drive-thru buildings in Mammoth Lakes with a substantial 1.22-acre parcel, modernized freestanding improvements and prominent exposure along the primary route to Mammoth Mountain. These attributes position the property to attract restaurant, coffee, retail, medical, financial-service and other commercial users seeking a strategic presence in a highly constrained resort market.
Property Facts
Sale Type
Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
4,435 SF
Building Class
C
Year Built/Renovated
1984/2018
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.08
Lot Size
1.22 AC
Zoning
C1 - Commerical
Parking
59 Spaces (13.3 Spaces per 1,000 SF Leased)
Amenities
- Drive Thru
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Immediately adjacent to Mammoth Hospital, Police Department, Welcome Center, Grocery Outlet, Shell gas station, and Shilo Inn.
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,435 SF | Restaurant | Outparcel | Now |
1st Floor
| Size |
| 4,435 SF |
| Space Use |
| Restaurant |
| Position |
| Outparcel |
| Available |
| Now |
1st Floor
| Size | 4,435 SF |
| Space Use | Restaurant |
| Position | Outparcel |
| Available | Now |
Immediately adjacent to Mammoth Hospital, Police Department, Welcome Center, Grocery Outlet, Shell gas station, and Shilo Inn.
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 035-120-015-000 | Improvements Assessment | $5,240,932 CAD |
| Land Assessment | $2,096,370 CAD | Total Assessment | $7,337,302 CAD |
Property Taxes
Parcel Number
035-120-015-000
Land Assessment
$2,096,370 CAD
Improvements Assessment
$5,240,932 CAD
Total Assessment
$7,337,302 CAD
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2935 Main St
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