Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    205 Main St Bridgeport, CA 93517

    Sponsored
    For Sale
    $2,390,000

    Eastern Sierra landmark, 32 keys, high income.

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This historic Bridgeport, CA hotel, built in 1877 and strategically located on Highway 395, presents a unique investment opportunity. The property boasts 32 keys spread across three buildings, including a two-story main building and additional structures. The extensive renovations, beginning in the 1920s and continuing into the 1950s, have created a thriving business with a popular restaurant and bar capable of seating over 80 patrons indoors and an additional 150 outdoors. The 1.21-acre lot (APN: 008-141-001-000 & 008-141-002-000) is situated in the heart of the Eastern Sierra, a region known for its stunning natural beauty and abundant outdoor recreation opportunities. The hotel benefits from its proximity to major tourist destinations such as Mammoth Lakes and Lake Tahoe, as well as Yosemite National Park, Bodie, and Mono Lake. The property's strong financial performance is evidenced by its 2022 total income exceeding $1,340,000. This established hospitality business offers a compelling combination of historical charm, prime location, and significant revenue potential. The asking price is $2,390,000.

    Property Features for 205 Main St

    General Information

    Property type
    Motels
    Lot Size
    52,708 SF

    Building Details

    Year Built
    1877
    Buildings
    3
    Stories
    2

    HighLights

    • 32‑unit multifamily property.
    • $1,340,000+ gross annual income (2022).
    • Historic 1877 hotel.
    • On‑site restaurant and bar.
    • Prime Highway 395 location, north of Mammoth Lakes and south of Lake Tahoe.
    • Convenient driving distance to Yosemite National Park, Bodie, and Mono Lake.
    Property Profile Location Intelligence

    Current Use by Public Records

    Isalis Gift Shop Party City Party Store Skunk Funk Wholesaler Carl's Trading Co Hat Shop Bushka's Kitchen LLC Outdoor Clothing And Equipment Shop

    Suggested Use

    Realty agency Auto Parts Store Spa & Massage Kitchen & Bath Food Market Grocery Store Bar & Pub Discount Store Convenience Store Travel Agency

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

    Location Insight

    • Map
    • Local Demand
    City
    Bridgeport
    County
    Mono
    State
    California
    Longitude
    -119.22710850849
    Latitude
    38.256003619412

    Nearby Comparable

    • $195,000
      5.68 Acres

      Riverfront Land with Water Rights

      5.68 acres of land with river frontage and water rights.
      #25 Us Hwy 395, Coleville, CA 96107
      View Details
    • $79,900
      2.65 Acres

      Land in Walker, California

      Buildable lot with access for residential or business use.
      Us Highway 395, Coleville, CA 96107
      View Details
    • $210,000
      49.87 Acres

      Land with Seller Financing

      Two parcels of land totaling just under 50 acres.
      865 Eastside Rd, Coleville, CA 96107
      View Details
    • $59,900
      3.75 Acres

      Land with Mountain and Valley Views

      3.75 acre parcel with views near Walker, California.
      Pinon Pl, Coleville, CA 96107
      View Details
    • $85,000
      40.00 Acres

      40 Acres in Gardnerville, Nevada

      Off-grid 40-acre property with mountain views near outdoor recreation.
      Apn 092317000016, Gardnerville, NV 89410
      View Details
    • $105,000
      42.01 Acres

      Expansive Off-Grid Land Parcel

      42-acre off-grid land near Topaz Lake, Nevada.
      Fenceline Rd, Gardnerville, NV 89410
      View Details

    FAQs

    What type of property is this?
    Motel - Eastern Sierra landmark, 32 keys, high income.
    Where is this motel located?
    The property is located at 205 Main St Bridgeport, CA.
    What is the asking price?
    The asking price for this property is $2,390,000.
    What are key features of this property?
    This property features: 32-unit multifamily property.; $1,340,000+ gross annual income (2022).; Historic 1877 hotel.
    Request Owner's contact information
    205 Main St Bridgeport, CA 93517
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    205 Main St
    Bridgeport, CA 93517
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    205 Main St Bridgeport, CA 93517
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.