205 Main St Bridgeport, CA 93517
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.