Active
2588 HIGHWAY 158 Unit: Historic Sierra Inn
JUNE lAKE CA, 93529-8059
$2,650,000
$374.51 per sqft
Active
7,076 sqft
Commercial
Built in 1973
Listed by Michele Hansen of Mammoth Village Properties, Contact: 760-914-0582
Presenting a unique property in one of California's last charming and unexploited mountain Communities, June Lake. This historic, iconic building has been a long time fixture in the "Alps of the Sierra" and is now ready for a new owner. The property has had substantial upgrades which include: Approx. 7,076 total square feet. *2 outdoor patios totaling 1,081 square feet * Two lots totaling .49 acres, including 114 feet of highway frontage * 3 separate businesses operated by one owner with long term lease in place * Upgraded electrical, HVAC, plumbing, New roof, exterior facade and signage, flooring, kitchen equipment, two new bar configurations including keg handles, painting, extensive drywall and tile, fire suppression, ventilation hood and sprinkler system, remodeled bath rooms and many other building enhancements * 100 person, best-in-class music venue with professionally designed sound system * Fully ADA compliant including elevator lift, ramp and 2 parking spots ***Class 47 liquor license* Approved plans for 132 panel solar array* The Loop Cam broadcasting from the building's roof, showcasing the beauty of area. This is the opportunity for a quality life, to live and play in the Sierra while generating a substantial income and inheriting a fabulous tenant. June Lake has been experiencing a revitalization with several new businesses opening & an uptick in tourism since the pandemic. June Mountain is included on the Ikon Pass. This is the ski industry's largest portfolio and has been beneficial for winter visitation. With a commanding location as the first property when entering downtown, the Sierra Inn building has been a fixture in June Lake for many decades. Inside the building, there are three different successful businesses (pizzeria, restaurant/bar/nightclub and Latin restaurant) operated by one owner w/a long term lease in place. The historic building has been completely renovated & modernized. This is a HISTORIC COMMERCIAL PROPERTY with steady cash flow!
240268
MLSⓇ ID
May 18, 2024
Listed
August 23, 2024
Updated
Map
2588 HIGHWAY 158 Unit: Historic Sierra Inn
JUNE lAKE CA, 93529-8059
Interior Features
Total Stories
2
Interior Features
Elevators, Extra Storage, Private Bathrooms, Handicap Access, Wall Bracket Video/Audio
Floor Description
Concrete Slab, Hardwood Floors, Stone, Tile, Vinyl Floors
Fireplace
No
Cooling
Yes
Cooling Description
Ceiling Fans, Central Air
Heating
Yes
Heating Description
Propane, Forced Air
Exterior/Building Features
Lot Size
0.16 Acres
Exterior Features
Other/See Remarks, Handicap Access
Architectual Style
Free Standing, Restaurant, Restaurant/Fast Food, Wood Frame
Roof
Metal
Sewer
Public Water, Sewer Connected
Other Property Details
Area Name
June Lake
Garage
No
View
No
Pool
No
Exclusive Listing Agents
Michele Hansen
Based on information from Mammoth Lakes Board of REALTORS® as of 8/23/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.
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Data last updated 1:59 PM UTC, 8/23/2024