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Multi-use Building For Sale - by

22 Vista Point Drive, Lee Vining, California 93541

Property Description

Impressive commercial enterprise with strong existing cash flow, extensive in-place housing, and tremendous upside potential for business and development potential. The Tioga Gas Mart Complex includes four separate parcels totaling ~70 acres of land and four different existing and proposed enterprises. The parcels lie at the intersection of Highways 395 and 120 in the Eastern High Sierra Nevada. The location is essentially the east entrance to Yosemite National Park. The location is also in the Mono Scenic Basin (Mono Lake and Mono Craters) and north of June Mountain Ski Area. The entire project incudes an approved Specific Plan from 1993. The four parcels include 1.) the Tioga Gas Mart (The Mobil — Lee Vining) and the wildly successful Whoa Nellie Deli, 2.) existing garden style housing project that also includes the general maintenance garage and primary water tank, 3.) the 27-acre lower shelf approved for 120 room Inn/Hotel with ancillary facilities, 4.) the 32-acre south shelf including the approved vista restaurant/brewery site, the existing well heads (east side of Hwy. 395) and the newly proposed up-to 100 new workforce housing units. The Complex offers strong existing cash flow in excellently maintained facilities with incredible development potential for new Inn/Hotel facilities, vista restaurant/brewery, and much needed regional housing. The current owner/operators function at minimal peak periods only. The expansion possibilities are endless. See the project specific website for extensive details.

Listing Agency
Re/max Of Mammoth
Address Map
Lee Vining
Lee Vining
Vista Point Drive
W120° 53' 10.8''
N37° 56' 50.5''
Lee Vining
Intersection of Hwy 395 and Hwy 120
22 Vista Point Drive
South east corner of Hwys. 395 and 120, the east entrance to Yosemite National Park.
North County
MLS Information
Commerical, Residential Income &

Listing ID #220464

22 Vista Point Drive, Lee Vining, California 93541

Asking Price:

Basic Details
Property Type : Multi-use Building
Listing Type : For Sale
Listing ID : 220464
Price : $16,500,000
Square Footage : 9,000 Sqft
Year Built : 1994