3221 Main St - Freestanding FOR SALE


Mammoth Lakes, CA 93546
$1,250,000 USD
760-965-8068
3221 Main St, Mammoth Lakes, CA for Sale
$1,250,000 USD
Freestanding - FOR SALE
1/35
null | Request Cap Rate

Jan '25


3221 Main St
Mammoth Lakes, CA 93546


HIGHLIGHTS

  • High-visibility spot on Main Street with 100 feet of frontage in Mammoth Lakes.
  • 4,989 sq. ft. with seating for 166-168 across dining rooms and a bar.
  • 35 onsite spaces plus 8-10 additional public spaces nearby.
  • Includes real estate, FFE, and a Type 47 liquor license.
  • Near a 25-acre housing project with zoning supporting mixed-use density.

OVERVIEW

Formerly Slocums Grill and Bar, operated for more than 33 years; One of the best restaurant locations in Mammoth Lakes, situated on the south side of Main Street with 100 feet of frontage. High demand for restaurants in Mammoth. Mammoth has lost over 8 restaurants to new development, leaving a void for quality dining. Great Parking!!! 35 onsite parking spaces with 8-10 public spaces offsite. 4,989 square feet of restaurant space with excellent visibility. Sale includes real estate, FFE, and Type 47 liquor license. Restaurant has a maximum capacity of 166-168 persons in 3 dining rooms, as well as a bar. This location was operated as a local favorite "Slocums Grill and Bar" (dinner house only) since 1983 and closed March 2020. Recent sidewalks installed on Main Street in front of the building. 25-acre housing project (being built by the Town of Mammoth) underway at the southern edge of the property. Zoning encourages higher mixed-use density. Free public transportation stop is just steps away from the front door. Photos were taken pre-covid when the restaurant was in operation and are not necessarily reflective of condition today. Please see video of the property: https://vimeo.com/1035298646 Structure is in need of a remodel. Facility Restaurant Seating as of March 14, 2020 (pre-covid): Combined total three Dining Rooms = 82 Combined total Bar stools & seats = 76Bar “Stand-up” Oak Rails = 8 to 10 Total Dining Rooms & Bar Seats/Stand-ups Combined =166 to 168. Seller is interested in qualified buyers only.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$251 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Slocums

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

35

LAND DETAILS

LAND ACRES

0.52 AC

LAND SF

22,651 SF

ZONING

Commercial-Main Street

APN/PARCEL ID

035-100-008-000

ASK ABOUT THIS PROPERTY

Matthew LehmanMatthew Lehman Real EstateMore Info
760-965-8068

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Matthew LehmanMatthew Lehman Real EstateMore Info
760-965-8068

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.