* “Blank Slate” Offering – The property can be delivered to prospective buyers Vacant (for an owner-user or investor with tenant-in-tow), or with an In-Place Lease via a Sale-Leaseback with the existing tenant/owner, Sierra Design Studio, who has successfully operated at the property for over 23 years. The Sierra Design Studio business and inventory are also available for sale (call broker for more details). * Significant Repositioning Potential – With the ±15,681 parcel, ±5,955 SF building, Commercial 2 (C-2) zoning and owned on-site parking, the property has the potential to be repositioned or redeveloped into a variety of uses including ski and snowboard sales/rentals, multifamily, medical office, eating establishments and more. * High-Quality Boutique Investment – The quality of the property’s design, architecture, and character is unsurpassed, positioning it as a “trophy” and “pride of ownership” asset in one of California’s most well-known mountain resort areas. * Strategic Location with Excellent Surrounding Tenancy – The property benefits from its location on Old Mammoth Road across the street from Minaret Village Mall, with national tenants like Vons, Starbucks, US Bank, Carl’s Jr. and more, and adjacent to local favorite establishments like Mammoth Tavern, Distant Brewing and Gojira Ramen. * Supply Constrained Market – The town of Mammoth Lakes has very few sites still available for future development. Additionally, approximately 94% of the land in Mono County is publicly owned, creating high barriers to entry for future competition, improving upon the property’s “irreplaceable” nature.