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2588 Highway 158 7,076 SF Retail Building June Lake, CA 93529 $1,625,000 ($229.65/SF) 7.44% Cap Rate
EXECUTIVE SUMMARY
Seller Financing Now Available!
Building Highlights
• Iconic June Lake Location
• Two lots totaling .49 acres, including 114 feet of highway 158 frontage
• Upgraded electrical, HVAC, plumbing, roof, signage, façade, kitchen equipment
• Class 47 liquor license
• ADA compliant
• Open House June 8th. 2025
100% leased, 5 year Option with 3% annual increases
1 Tenant consisting of bar, pizzeria and cantina
Class 47 Liquor License
Completely Renovated in 2021
Building Highlights
• Iconic June Lake Location
• Two lots totaling .49 acres, including 114 feet of highway 158 frontage
• Upgraded electrical, HVAC, plumbing, roof, signage, façade, kitchen equipment
• Class 47 liquor license
• ADA compliant
• Open House June 8th. 2025
100% leased, 5 year Option with 3% annual increases
1 Tenant consisting of bar, pizzeria and cantina
Class 47 Liquor License
Completely Renovated in 2021
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Storefront
Building Size
7,076 SF
Building Class
C
Year Built
1973
Price
$1,625,000
Price Per SF
$229.65
Cap Rate
7.44%
NOI
$120,900
Tenancy
Single
Building Height
2 Stories
Building FAR
0.33
Lot Size
0.49 AC
Zoning
Commercial - Commercial, multi use
Parking
33 Spaces (4.66 Spaces per 1,000 SF Leased)
AMENITIES
- Restaurant
- Wheelchair Accessible
- Roof Terrace
- Recessed Lighting
- Smoke Detector
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $791,279 | |
| Land Assessment | $170,656 | Total Assessment | $961,935 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$170,656
Improvements Assessment
$791,279
Total Assessment
$961,935
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2588 Highway 158
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