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Slocums Grill and Bar 3221 Main St 4,989 SF Retail Building Mammoth Lakes, CA 93546 $1,250,000 ($250.55/SF)
INVESTMENT HIGHLIGHTS
- Become the proud owner of a 100% occupied, local favorite since 1983, Slocums Grill and Bar, and receive the real estate and liquor license.
- With 100 feet of frontage on Main Street, this location is highly visible, backing to 450 workforce housing units currently under construction.
- Set upon a 0.51-acre rectangular site with 4,989 square feet of improvements, 200-person occupancy, and 35 on-site and 8 to 10 off-site parking spots.
- Close to free public transportation, via the Eastern Sierra Transit Station with links to the Twin Lakes and Mammoth Mountain.
EXECUTIVE SUMMARY
Matthew Lehman Real Estate presents a unique opportunity to own the former home of Slocums Grill and Bar, located at 3221 Main Street in Mammoth Lakes, California. With a legacy spanning over 33 years, this property is renowned as one of the best restaurant locations in Mammoth Lakes. The demand for quality dining in Mammoth is high, especially as the town has lost over eight restaurants to new developments, creating a significant void in the quality-dining market.
The property itself encompasses 4,989 square feet of restaurant space with excellent visibility and has renovation potential. It can accommodate up to 168 guests across three dining rooms and a bar. The sale includes real estate, furniture, fixtures, equipment, and a Type 47 liquor license. Additionally, there are 35 on-site parking spaces and eight to 10 public spaces nearby, ensuring ample parking for patrons.
Situated on the south side of Main Street, it boasts 100 feet of frontage, and recent sidewalks were installed in front of the building. This location was operated as a 25-acre housing project (being built by the Town of Mammoth) underway at the southern edge of the property. Zoning encourages higher mixed-use density. There is a free public transportation stop just steps away from the front door.
Main Street is home to the most frequented local businesses in Mammoth Lakes, including Schats Bakery, Kitterage Sports, the US Post Office, Wave Rave, and many more. 3221 Main Street is unique to Mammoth Lakes in that it is located at a midpoint between the entrance of town and the Village at Mammoth, with great visibility, private parking, and zoning that affords expanded uses.
Elevate your vision with this unique restaurant opportunity, featuring pre-COVID photos that showcase the property during its former operations; please note that current conditions may differ. View the property video at https://vimeo.com/1035298646 or in the hyperlink below for a closer look. While the structure will benefit from a remodel, its former layout as of March 14, 2020, offered strong capacity with 82 seats across three dining rooms, 76 stools and seats, plus 8–10 bar stand-up oak rails, all totaling an impressive 166–168 guest spots. For additional details or to explore the potential of this space, contact Matthew Lehman at (760) 934-1110 or matthew@homesmammoth.com.
The property itself encompasses 4,989 square feet of restaurant space with excellent visibility and has renovation potential. It can accommodate up to 168 guests across three dining rooms and a bar. The sale includes real estate, furniture, fixtures, equipment, and a Type 47 liquor license. Additionally, there are 35 on-site parking spaces and eight to 10 public spaces nearby, ensuring ample parking for patrons.
Situated on the south side of Main Street, it boasts 100 feet of frontage, and recent sidewalks were installed in front of the building. This location was operated as a 25-acre housing project (being built by the Town of Mammoth) underway at the southern edge of the property. Zoning encourages higher mixed-use density. There is a free public transportation stop just steps away from the front door.
Main Street is home to the most frequented local businesses in Mammoth Lakes, including Schats Bakery, Kitterage Sports, the US Post Office, Wave Rave, and many more. 3221 Main Street is unique to Mammoth Lakes in that it is located at a midpoint between the entrance of town and the Village at Mammoth, with great visibility, private parking, and zoning that affords expanded uses.
Elevate your vision with this unique restaurant opportunity, featuring pre-COVID photos that showcase the property during its former operations; please note that current conditions may differ. View the property video at https://vimeo.com/1035298646 or in the hyperlink below for a closer look. While the structure will benefit from a remodel, its former layout as of March 14, 2020, offered strong capacity with 82 seats across three dining rooms, 76 stools and seats, plus 8–10 bar stand-up oak rails, all totaling an impressive 166–168 guest spots. For additional details or to explore the potential of this space, contact Matthew Lehman at (760) 934-1110 or matthew@homesmammoth.com.
SALE FLYER
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
Deferred Maintenance
Property Type
Retail
Property Subtype
Building Size
4,989 SF
Building Class
B
Year Built
1966
Price
$1,250,000
Price Per SF
$250.55
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.52 AC
Zoning
Commercial - Commercial for Main Street, allows a variety of commercial and mixed-uses.
Parking
35 Spaces (7.02 Spaces per 1,000 SF Leased)
Frontage
100’ on Main Street
AMENITIES
- Restaurant
- Smoke Detector
Walk Score®
Very Walkable (72)
Bike Score®
Biker's Paradise (93)
DEMOGRAPHICS
Demographics
1 Mile
3 Mile
5 Mile
15 min drive
2024 Population
4,166
6,333
6,335
6,013
2029 Population
4,052
6,137
6,139
5,641
2024-2029 Projected Population Growth
-2.7%
-3.1%
-3.1%
-6.2%
Median Age
36.2
37.3
37.4
38.0
College Degree + Higher
20%
18%
18%
15%
Daytime Employees
11,251
11,620
11,653
11,741
Total Businesses
646
718
724
792
Average Household Income
$100,860
$92,970
$92,970
$129,307
Median Household Income
$79,187
$77,778
$77,778
$105,931
Total Consumer Spending
$51.2M
$79.1M
$79.1M
$84.1M
2024 Households
1,618
2,547
2,549
2,414
Average Home Value
$747,970
$716,217
$715,946
$789,608
NEARBY AMENITIES
RESTAURANTS |
|||
|---|---|---|---|
| The Resting Nomad | - | - | 4 min walk |
| The Public House | American | $ | 5 min walk |
| Starbucks | Cafe | $ | 7 min walk |
| Z Pizza | - | - | 7 min walk |
| Subway | - | - | 7 min walk |
| Looney Bean | Cafe | $ | 7 min walk |
| Bleu Handcrafted Foods Market & Kitchen | American | $$$$$ | 7 min walk |
| The Loco Frijole | Mexican | $ | 10 min walk |
| Mammoth Coffee Roasting Company | Cafe | - | 14 min walk |
| Gojira Ramen & Sushi | Japanese | - | 15 min walk |
RETAIL |
||
|---|---|---|
| Sun & Ski Sports | Sporting Goods | 4 min walk |
| Grocery Outlet | Supermarket | 6 min walk |
| United States Postal Service | Business/Copy/Postal Services | 5 min walk |
| Do it Best | Hardware | 7 min walk |
| Rite Aid | Drug Store | 7 min walk |
HOTELS |
|
|---|---|
| SureStay Plus |
40 rooms
2 min drive
|
| Quality Inn |
59 rooms
2 min drive
|
| Westin |
186 rooms
4 min drive
|
PROPERTY TAXES
| Parcel Number | 035-100-008-000 | Improvements Assessment | $337,100 |
| Land Assessment | $703,580 | Total Assessment | $1,040,680 |
PROPERTY TAXES
Parcel Number
035-100-008-000
Land Assessment
$703,580
Improvements Assessment
$337,100
Total Assessment
$1,040,680
SALE ADVISOR
SALE ADVISOR
Matthew Lehman, Broker
Few people can say they grew up in Mammoth Lakes. Although born in Los Angeles in 1969, Matthew’s first memories of life were his family moving to Mammoth Lakes in 1972. Although he spent most of his childhood in Mammoth Lakes, he did attend high school in Encinitas, California, where he earned a Congressional and Secretary of Navy appointment to the United States Naval Academy in Annapolis, Maryland; later obtaining his bachelor of Science degree in Real Estate Studies from Marylhurst University, OR. In 1992, Matthew moved back to Encinitas, California where worked with his father growing the family appraisal business “Bankers Appraisal” into one of the largest appraisal firms in the County. While Encinitas was a wonderful place to live, he missed the mountains and decided to take a large step and move back to Mammoth Lakes in 1996. Since this time, Matthew and his incredible office staff built the one of Inyo and Mono County’s notable appraisal firms as well as Matthew Lehman Real Estate. In addition to being a broker, Matthew is very active in the community and has sat on the Mono County Assessment Appeals Board, represented property owners in Tax Appeals, held a board seat on the Mammoth Lakes Chamber of Commerce, Mammoth Lakes Tourism Board, Local Transportation Commission, Town Councilman for the Town of Mammoth Lakes (2010-2014), and was Mayor of Mammoth Lakes during one of its most challenging years - 2012/2013. Matthew intends to live in Mammoth Lakes for the rest of his life, while taking active sailing trips throughout the world living an active outdoor lifestyle with family and friends.
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Slocums Grill and Bar | 3221 Main St
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