5940 Mariposa Road, Hesperia, CA 92344

OFFERING PRICE: Price is not disclosed.

MVP Commercial Investment Real Estate is pleased to present 5940-5960 Mariposa Road, a 3.07 acre vacant lot which was once home to The Historic Summit Inn, a diner which opened in 1952 on the original Route 66. The two parcels are situated on the summit of the Cajon Pass off the Oak Hills exit on the lively I-15 Freeway, and have APNs: 0357-065-03 and 0357-065-04. The Summit Inn, a historic landmark on Route 66, hosted countless travelers for over 60 years until it was tragically destroyed in the Blue Cut Wildfire of August 2016. A new buyer or developer would have several acquisition options for this landmark site. An investor can utilize the subject property through a ground lease, joint venture with the current owner, or an outright fee-simple sale. There is also a possibility of a division of the APNs in order to maximize the subject property’s value. (Buyer to verify and perform own due diligence.)

Since it’s opening in the early 1950’s, the iconic Route 66 diner was a popular roadside stop for thousands of people on their drive from Los Angeles to Las Vegas. Over it’s six decades, the Summit Inn built a loyal following of customers. Celebrities such as Elvis Presley, Pierce Brosnan, and Clint Eastwood were among the many to make the stop along Route 66 and established The Inn as a staple of American car culture and love for the open road.
A new investor will surely benefit from the prime location of the parcels. The subject property has approximately 475 feet of highway frontage at the peak of the prominent Cajon Pass and is traversed by over 120,000 cars daily. In addition to the existing traffic surrounding this location, an increasing amount of commercial and residential developments are either under construction or in the planning phase on both sides of the I-15 in the surrounding area. The property is in a prime stopover location and allows for a myriad of development opportunities.

The nearby city of Hesperia has grown by about 43.9% in the years between 2000 and 2010 resulting in an increased demand for real estate developments as well as other stopover locations to accommodate for the travelers to and from Los Angeles. Located adjacent to a Chevron gas station and a towing service, the subject lot is zoned RC for “Regional Commercial” in the city of Hesperia.

INVESTMENT HIGHLIGHTS

  • 3.07 Acre Lot for Development, Ground Lease, Fee-Simple Sale, or JV on Historic Landmark
  • High Demand for Roadside Stops
  • Possibility of Rebuilding the Summit Inn
  • Over 475 Feet of Frontage on the I-15

LOCATION HIGHLIGHTS

  • Traffic Count: Over 120,000 Cars per Day
  • Along the Iconic Route 66
  • Prime Location on the I-15.
  • Close Proximity to new Commercial and Residential Developments

MVP Commercial Investment Real Estate does not guarantee the accuracy of square footage, lot size or other information concerning the condition or features of the property provided by the seller or obtained from public records or other sources and the buyer is advised to independently verify the accuracy of that information through personal inspection with appropriate licensed professionals. If your home is currently listed with another broker, this is not intended to solicit that listing. CalBRE 01816119, 01483131.

MVP2015