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    2236 Sierra Hwy Bishop, CA 93514

    Sponsored
    For Sale
    $795,000

    Income-producing storage units plus home

    Property size:
    5,375 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional investment opportunity in Bishop, CA, presents a thriving storage unit facility coupled with a separate two-bedroom house. The 5,375 square foot facility boasts 36 individual storage units, all featuring durable metal walls and concrete floors. Currently operating with an established customer base, this property offers immediate income potential. The units are ready for new ownership to continue the successful operation. The accompanying house, situated on the same property, provides additional versatility. This 2-bedroom residence features recently replaced carpeting and vinyl flooring throughout. Currently vacant, it presents an opportunity for owner occupancy, rental income, or use as an on-site manager's residence. The property sits on a lot with zero acres. The asking price for this combined property is $795,000. This unique offering combines the benefits of a stable income stream from the storage units with the added value of a separate residential dwelling, making it an attractive investment for both seasoned and aspiring investors. The property's location in Bishop, CA, offers easy access to local amenities and a growing community. This is a turnkey operation ready for a new owner to step in and continue the success. Serious inquiries only.

    Property Features for 2236 Sierra Hwy

    General Information

    Property type
    Other commercial real estate
    Square Feet
    5,375 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Restaurant Law Firm Dental Office Hair Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Bishop
    County
    Inyo
    State
    California
    Longitude
    -118.4155
    Latitude
    37.37516

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    FAQs

    What type of property is this?
    Commercial real estate - Income-producing storage units plus home
    Where is this commercial real estate located?
    The property is located at 2236 Sierra Hwy Bishop, CA.
    What is the asking price?
    The asking price for this property is $795,000.
    (760) 872-3188
    Request Owner's contact information
    2236 Sierra Hwy Bishop, CA 93514
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    2236 Sierra Hwy
    Bishop, CA 93514
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    2236 Sierra Hwy Bishop, CA 93514
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