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30085193
30085207

162 N Main St, Bishop, CA 93514

JR
CA 01401464
Bishop Real Estate Rasmuson & Associates
Listed by Bishop Real Estate Rasmuson & Associates
$850,000
93 days on market
Updated 17 days ago
Opportunity zone

162 North Main Bishop, California

Details
APN 011-133-19
Property Type Mixed Use, Retail
Sub Type Bar, Restaurant (+1)
Square Footage 7,222
Net Rentable (SqFt) 7,222
Units 1
Price per SqFt $118
Year Built 1914
Stories 2
Lot Size (SqFt) 5,296
Zoning C1
Investment Type Value Add

Mixed Use | 7,222 SqFt

Investment highlights

  1. Prime Main Street Location – Prominent position in the heart of downtown Bishop directly on Highway 395 with strong visibility and year-round traffic.

  2. High Traffic Exposure – Located along a major regional corridor with over 7 million vehicles annually passing through Bishop.

  3. Approx. 7,000 SF Historic Commercial Building – Rare opportunity to acquire and reposition a landmark property in Bishop’s primary commercial corridor.

  4. Pre-Development Work Completed – Property has been fully interior-demolished with major due diligence completed, including environmental inspection and abatement, structural engineering evaluation, soil study, and as-built drawings.

  5. Vertical Density Already in Place – Existing two-story structure, with recently updated zoning allowing potential expansion to a third story.

  6. Approved Development ConceptCompleted hotel and restaurant plans available, providing a clear path toward redevelopment.

  7. Flexible Mixed-Use Zoning – Allows a variety of uses including retail, office, hospitality, or residential/mixed-use development.

  8. Gateway to Mammoth Lakes – Located approximately 45 minutes from Mammoth Mountain Ski Area, benefiting from significant tourism and outdoor recreation traffic.

  9. Streamlined development – Extensive upfront studies and completed demolition reduce development timeline and uncertainty.

  10. Strong Replacement Cost Advantage – Rising construction costs make repositioning this existing structure significantly more attractive than new ground-up development.

Listing Contacts

JR
CA 01401464
Bishop Real Estate Rasmuson & Associates
Listed by Bishop Real Estate Rasmuson & Associates

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Additional Information

Name
Jake Rasmuson
License
01401464
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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