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16-Room Motel with Manager Residence

274 Lagoon Street Bishop, CA 93514

274 Lagoon Street, Bishop, CA, 93514
$1,500,000
For Sale
$1,500,000

COMMERCIAL - Bishop, CA

Property Size4,980 SF
Lot Size0.35 Acres
Price / SF$301.20
Days on Market91

Property Features for 274 Lagoon Street

General Information

Property type
Commercial Sale
Property subtype
Other
Window features
Vinyl Frames
Standard status
Active
APN
001-174-02
Size
4,980 SF
Lot size
0.35 Acres

Utilities

Utilities
Propane
Heating system
Heat Pump (Heating)

Building Details

Year built
1947
Flooring type
Tile
Building materials
Wood Frame, Wood Siding
Roof type
Shingle, Composition
Listing Agency Coldwell Banker Select - LTB
2196 Lake Tahoe Blvd #1, South Lake Tahoe, CA
Listed by Susan Maclean
Added: Apr 18 Checked: Jul 17 at 11:06 am
MLS# 142748

Copyright © 2026 South Tahoe Association of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Investment Insights

Based on property information with market context.

This mid-century motel features 16 guest rooms with updated interior finishes, including upgraded laminate flooring, and in-room refrigerators and microwaves. Select rooms also include full kitchens or kitchenettes designed for longer stays. The property includes a spacious three-bedroom manager’s residence and a front office, with the residence currently undergoing remodeling.

The motel is located at 274 Lagoon Street in Bishop, CA, and is described as being within walking distance of downtown restaurants and a local bakery. The offering also notes that two other properties in the same portfolio are for sale nearby at 236 Lagoon St and 331 S Warren St.

For investors, the property is presented as part of an investment portfolio and is described as having a winter-season contract with Mammoth Mountain to house overflow seasonal employees. For operators seeking a self-contained setup, the on-site manager’s residence and front office provide a built-in management workflow, while the in-room amenities support both standard and extended-stay guest needs.

Key Highlights

  • Reliable income from contract with Mammoth Mountain for employee housing each winter season.
  • Prime location: short walk to downtown restaurants and a local bakery.
  • Updated guest rooms with stylish decor, upgraded laminate flooring, refrigerator, and microwave.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

El Rancho Motel Hotel & Motel

Suggested Use

HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Catering Service Electrical Service Butcher Plumbing Service

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • Mountain View Motel — 730 W Line St, Bishop, CA 93514
  • This Simple Life Homestead — 561 Lagoon St, Bishop, CA 93514
  • El Rancho Motel — 274 Lagoon St, Bishop, CA 93514
  • Super 8 by Wyndham Bishop — 535 S Main St, Bishop, CA 93514
  • Bishop Inn — 192 Short St, Bishop, CA 93514

FAQs

What type of property is this?
Motel - Mid-century motel offering updated guest rooms and a three-bedroom manager’s residence with front office.
Where is this motel located?
The property is located at 274 Lagoon Street Bishop, CA.
What is the asking price?
The asking price for this property is $1,500,000.
What are key features of this property?
This property features: Reliable income from contract with Mammoth Mountain for employee housing each winter season.; **Prime location: short walk to downtown restaurants and a local bakery.**; **Updated guest rooms with stylish decor, upgraded laminate flooring, refrigerator, and microwave.**
Contact an agent
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