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.
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0BEDS
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N/AACRES
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0BATHS
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01/2 BATHS
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9,000SQFT
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$1,833$/SQFT
School Ratings & Info
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.
© 2022 Mammoth Lakes Board of Realtors. All rights reserved. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but is not guaranteed accurate by the MLS or Rebecca Garrett - Mammoth Realty Group. 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. Data last updated: 2022-06-26T23:51:38.367.
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