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16-Room Mid-Century Motel
For Sale
$1,500,000

274 Lagoon Street, Bishop, CA 93514

COMMERCIAL - Bishop, CA

Property Size4,980 SF
Lot Size0.35 Acres
Price / SF$301.20
Days on Market117

Property Features for 274 Lagoon Street

General Information

Property type Commercial Sale
Property subtype Other
Window features Vinyl Frames
Directions 395 to Lagoon St
Subdivision Out of Area-CA
Standard status Active
APN 001-174-02
Size 4,980 SF
Lot size 0.35 Acres

Utilities

Utilities Propane
Heating system Heat Pump (Heating)

Amenities

refrigerator and microwave in each room
full kitchens or kitchenettes
updated decor
upgraded laminate flooring

Building Details

Year built 1947
Flooring type Tile
Building materials Wood Frame, Wood Siding
Roof type Shingle, Composition
Listing Agency: Coldwell Banker Select - LTB · Coldwell Banker Real Estate
Listed By: Susan Maclean · License #00789248
Added: Apr 18 Changed: Aug 5 Last Checked: Aug 12 at 7:06PM
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 offers 16 guest rooms in a wood-frame property built in 1947. Guest rooms have been updated with laminate flooring and include a refrigerator and microwave in each room, with select units featuring full kitchens or kitchenettes for extended stays. The property sits on a 0.3453-acre lot and has a composition shingle roof. Tile flooring is indicated, and heating is provided by a heat pump, with propane utilities available.

The manager’s residence is a spacious three-bedroom home with a front office, and it is currently undergoing remodeling. The motel is described as a short stroll from downtown’s restaurants and a local bakery.

As part of an investment portfolio, the property benefits from a contract with Mammoth Mountain to house overflow seasonal employees each winter season. Two other properties in the portfolio are noted as being right next door at 236 Lagoon St and 331 S Warren St.

Key Highlights

  • 16 guest rooms with updated laminate flooring plus refrigerator and microwave in each room
  • Select units include full kitchens or kitchenettes for extended stays
  • 0.3453‑acre lot; wood‑frame construction with wood siding and tile flooring

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

Multi-tenant
Tenancy

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

  • 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

Frequently Asked Questions

What type of property is this?
Motel - Mid-century Bishop motel with 16 updated guest rooms, propane heat pump, and a remodeled three-bedroom manager residence.
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 guest rooms with updated laminate flooring plus refrigerator and microwave in each room; Select units include full kitchens or kitchenettes for extended stays; 0.3453‑acre lot; wood‑frame construction with wood siding and tile flooring
More about this property
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