274 Lagoon Street, Bishop, CA

Others for Sale - $1,500,000 - 4,980 Sq. Ft.


Agent Info

Susan Maclean
Coldwell Banker Select Real Estate

Property Info

CIMLS#1190375
Location
  274 Lagoon Street
  Bishop CA 93514
UpdatedApril 21st, 2026
TypeOthers
Price$1,500,000
Building4,980 Sq. Ft.

Property Description

This charming, mid-century, 16-room motel offers a blend of comfort, convenience, and reliable income in a prime location just a short stroll from downtown's restaurants and local bakery. Each guest room is thoughtfully updated with stylish dcor, upgraded vinyl flooring, and practical amenities including refrigerators and microwaves, while select units feature full kitchens or kitchenettes for extended stays. All rooms equipped with heat pump units for heating and cooling. The property includes a spacious three-bedroom manager's residence connected to the office in front, currently undergoing remodeling with office desk space.As part of an investment portfolio of four other properties in Bishop, this motel benefits from a contractwith Mammoth Mountain each winter season to house overflow employees. Two of the portfolio properties for sale are right next door at 236 Lagoon St and 331 S Warren St. This is an exceptional opportunity for an investor seeking both stability and upside income potential.


Financials