# 274 Lagoon Street, Bishop, CA 93514

> **TL;DR:** commercial, $1,500,000 ($301/sqft), built 1947, 4,980 sqft. Est. $6,500/mo. Listed 44 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,500,000 |
| Price/sqft | $301 |
| Square Feet | 4,980 |
| Year Built | 1947 |
| Lot Size | 15,041 sqft (0.35 acres) |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 44 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $6,500 |
| **Total** | **$6,500** |

## Property Highlights

- Built in 1947
- 0.35 acre lot

## Description

### Agent Description
This charming, mid-century, 16-room motel offers a blend of comfort, convenience, and reliable income in a prime location just a short stroll from downtown's restaurants and a local bakery. Each guest room is thoughtfully updated with stylish dcor, upgraded laminate flooring, refrigerator and microwave in each room, while select units feature full kitchens or kitchenettes for extended stays. The property includes a spacious three-bedroom manager's residence with a front office, currently undergoing remodeling.As part of an investment portfolio of four other properties in Bishop, this motel benefits from a contract with Mammoth Mountain each winter season to house overflow employees. Two of the portfolio properties for sale are right next door at 236 Lagoon St and 331 S Warren St. This is an exceptional opportunity for an investor seeking both stability and upside income potential.

## Location

- **Address:** 274 Lagoon Street, Bishop, CA 93514
- **County:** Inyo
- **Coordinates:** 37.359596, -118.397013
- **Google Maps:** https://www.google.com/maps?q=37.359596,-118.397013

## Listing Agent

- **Name:** Susan Maclean
- **Brokerage:** Coldwell Banker Select - LTB
- **Phone:** (560) 542-5555
- **Email:** reed.dickert@cbselectre.com

## Primary Photo

![274 Lagoon Street - Primary Photo](http://lh.rdcpix.com/bb3491d43810c4d046c913f2bebf9060l-f3735919833r.jpg)

*13 total photos available on [listing page](https://www.propertysimple.com/listing/274-lagoon-street-bishop-ca-93514-a142748)*

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**MLS#:** 142748 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 South Tahoe Association of REALTORS&#174;. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/274-lagoon-street-bishop-ca-93514-a142748)

---

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