Real Estate in Mammoth Lakes!
The most recent development property to hit the Mammoth Lakes commercial real estate market in 2014 is the Berner Property. The Berner Property consists of two contiguous properties improved with older industrial and storage type uses. Most of the improvements are occupied by local businesses and offer a reliable interim income for anyone looking to develop the property to a higher and better use. Even though the Berner Property has only two parcels, there are actually 4 addresses associated with the property: 62 Berner Street, 94 Berner Street, 128 Berner Street and 955 Forest Trail.
The entire property is 2.1-acres in size and in 2010 received a conditional use permit for the development of a 101 room project. The Berner Property is currently being listed for sale by Matthew Lehman Real Estate and is one of the key properties completing the North Village Specific Plan. The property sits at the north east corner of the North Village Specific Plan and has an overlay zoning of “Specialty Lodging“. This particular transitional zoning with a slightly lower density than those properties located at the core of the North Village.
The Berner Property is approximately 100 yards from the Village at Mammoth Events Plaza and the Village Area Gondola. Future development will enable occupants to walk to their favorite restaurant or bar, and easily jump on the gondola for a day at Mammoth Mountain Ski Area. Public transportation can be found on Minaret Road, just 1 block to the west. Although the Berner property does not front on Minaret Road, an easement has been granted across the neighboring property (to the west) allowing pedestrians access to the Village at Mammoth from Berner Street.
In addition to the Berner Street Property having a desirable location, the property also has three road frontages; two along Berner Street and a third along Forest Trail. As development progresses in Mammoth Lakes, it is likely that Berner Street frontage along the property’s western edge could become plaza area shared with a future neighboring development.
To learn more about this unique development opportunity email me at Matthew@MatthewLehmanRealEstate.com or call me at 760-934-1110. I have a complete marketing package waiting for you. To search other properties in the area just visit Real Estate in Mammoth Lakes.