2588 HIGHWAY 158 Historic Sierra Inn

June Lake, CA 93529-8059 View Map $2,650,000 Schedule a Tour
Sq.Ft.7,076
Year1973
Howard Sheckter

Howard Sheckter

(760) 914-1800

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Status: Active
Property Type:Multi-Use Building
MLS #:240268
Sq. Feet:7,076
On Site:35 Days
Lot Size:0.49 Acres
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! | This information is deemed reliable, but not verified or guaranteed. Buyer is advised to verify accuracy of all information. The offer of compensation is made only to participants of the MLS where the listing is filed. We do business in accordance with the federal, state, and local fair housing laws.

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$000 Monthly Payment
Loan and interest only.

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Community Information

Address:2588 HIGHWAY 158 Historic Sierra Inn, June Lake, CA 93529-8059
Zip Code:93529-8059

Features / Amenities

Interior Features: handicap access
Heat: forced air

Property Features

Lot Size: 0.49 Acres
Directions:From Hwy 395, take South June Lake Loop Hwy 158 entrance. T-Bar Social Club, June Pie and Balance Rock Grill and Cantina will be the first building on your right as you enter June Lake Village.

Tax and Financial Info

Commission: 2.5%
Real Income: Yes

Schools

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2588 HIGHWAY 158 Historic Sierra Inn June Lake,  CA 93529-8059
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2588 HIGHWAY 158 Historic Sierra Inn June Lake, CA 93529-8059
 
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Listing provided courtesy of Michele Hansen, Mammoth Village Properties.
Based on information from the Mammoth Lakes Board of REALTORS® (alternatively, from the Mammoth Lakes Board of REALTORS® MLS) as of 11:30 PM PST June 21, 2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.