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Mid-Century Motel With Updated Rooms
For Sale
$1,500,000

274 Lagoon Street, Bishop, CA 93514

16-room motel with heat pump units, updated vinyl flooring, and select units offering full kitchens or kitchenettes.

Property SizeContact for details
Days on Market167

Property Features for 274 Lagoon Street

General Information

Standard status Active
Property subtype General Commercial

Additional Details

Business Included Yes

Amenities

3
Downtown.

Building Details

Year Built 1947
Stories 1
Listing Agency: LTB
Listed By: Coldwell Banker Select
Source: Xome
Added: Mar 23 Changed: Sep 1 Last Checked: Sep 5 at 4:33AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of LTB

Investment Insights

Based on property information with market context.

This mid-century motel offers 16 guest rooms, with updates that include stylish décor and upgraded vinyl flooring. Rooms are equipped with heat pump units for heating and cooling, along with practical in-room amenities including refrigerators and microwaves. Select units also feature full kitchens or kitchenettes to support longer stays.

The property includes a spacious three-bedroom manager’s residence connected to an office in front, which is currently undergoing remodeling and includes desk space. The motel is described as being within a short stroll of downtown restaurants and a local bakery.

As part of an investment portfolio, the motel is under contract with Mammoth Mountain each winter season to house overflow employees. Two of the other portfolio properties for sale are located next door at 236 Lagoon St and 331 S Warren St.

Key Highlights

  • 16‑room motel built in 1947 with heat pump units providing heating and cooling
  • Guest rooms include upgraded vinyl flooring, plus refrigerators and microwaves
  • Select units offer full kitchens or kitchenettes for extended stays

Property Analytics

Current Use

El Rancho Motel Hotel & Motel

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Parking Lot & Garage Locksmith Carpet & Flooring Store Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

918
Businesses Nearby
Well-served
Demand for This Use

Demographics for 93514, CA

14,361
Population
6,942
Households
2.1
Avg Household Size
46
Median Age
37%
College-Educated
92%
High-School Grad
1,007.1 sq mi
ZIP Area
14
Density / Sq Mi
$81,695
Median Household Income
$50,086
Median Earnings
$1,340
Median Rent
$434,900
Median Home Value
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Super 8 by Wyndham Bishop 535 S Main St, Bishop, CA 93514
  • 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
  • Bishop Inn 192 Short St, Bishop, CA 93514

Frequently Asked Questions

What type of property is this?
Motel - 16-room motel with heat pump units, updated vinyl flooring, and select units offering full kitchens or kitchenettes.
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: 16‑room motel built in 1947 with heat pump units providing heating and cooling; Guest rooms include upgraded vinyl flooring, plus refrigerators and microwaves; Select units offer full kitchens or kitchenettes for extended stays
More about this property
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