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34206758
34206767

796 W Line Street, Bishop, CA 93514 For Sale

SM
CA 00789248
Coldwell Banker McKinney and Assoc. Inc Realtors
Listed by Coldwell Banker McKinney and Assoc. Inc Realtors
$1,999,000
18 days on market
Updated 10 days ago
Opportunity zone

796 W Line Street

Details
Property Type Special Purpose
Sub Type Other
Square Footage 5,688
Year Built 1954

Special Purpose | 5,688 SqFt

Marketing description

This charming, mid-century, 16-room motel on a corner lot offers a blend of comfort, convenience, and reliable income in a central location located just a half mile west of Hwy 395 and across from the hospital, middle school, and high school. Each guest room is thoughtfully updated with stylish dcor, upgraded laminate flooring, refrigerator and microwave in each room, heat pumps provide heating and cooling while select units feature full kitchens or kitchenettes for extended stays, or 2 bedrooms for families or friends traveling together. Laundry room with commercial machines on site. The property includes a spacious 2 BR, 2 BA, 2-story manager's residence with a front office. All furnishings and equipment are to be sold with property.As part of an investment portfolio of five other properties in Bishop, this motel benefits from a contract with Mammoth Mountain each winter to house overflow seasonal employees. Three other portfolio properties for sale are right down the street 274 Lagoon St (El Rancho Motel), 236 Lagoon St, and 331 S Warren St next door. The other two are a fourplex on High St, and 7-unit apartment complex on Short St. This is an exceptional opportunity for an investor seeking both stability and upside income potential.
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Listing Contacts

SM
CA 00789248
Coldwell Banker McKinney and Assoc. Inc Realtors
Listed by Coldwell Banker McKinney and Assoc. Inc Realtors

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Additional Information

Name
Susan Maclean
License
00789248
Brokerage
Coldwell Banker Select
Brokerage Phone
7756009025
Brokerage Address
2196 Lake Tahoe Boulevard
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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