Description
Mixed-use opportunity on Highway 49 with approximately $4,350/month projected rental income and strong commercial upside. Formerly known as the Airport Bar & Grill, this property in historic Mariposa, CA was a commercially zoned restaurant space (currently used as the owner’s residence) along with three separate freestanding residential units, including a studio, one-bedroom apartment, and a one-bedroom home with a loft, offering multiple income streams. Current rents total $2,850/month, with the owner-occupied unit to be delivered vacant at closing and estimated to rent for $1,500/month, bringing pro forma income to approximately $4,350/month. The high-visibility Highway 49 location benefits from consistent local and tourist traffic, making it well suited for a restaurant, bar, market, or other retail use. While the property does require repairs and has deferred maintenance, inspections and reports are available for buyer review, providing transparency and a clear path for improvements. Additional features include spacious rear and side yards with established landscaping.
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0BEDS
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0.43ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Mixed-use opportunity on Highway 49 with approximately $4,350/month projected rental income and strong commercial upside. Formerly known as the Airport Bar & Grill, this property in historic Mariposa, CA was a commercially zoned restaurant space (currently used as the owner’s residence) along with three separate freestanding residential units, including a studio, one-bedroom apartment, and a one-bedroom home with a loft, offering multiple income streams. Current rents total $2,850/month, with the owner-occupied unit to be delivered vacant at closing and estimated to rent for $1,500/month, bringing pro forma income to approximately $4,350/month. The high-visibility Highway 49 location benefits from consistent local and tourist traffic, making it well suited for a restaurant, bar, market, or other retail use. While the property does require repairs and has deferred maintenance, inspections and reports are available for buyer review, providing transparency and a clear path for improvements. Additional features include spacious rear and side yards with established landscaping.
Based on information from California Regional Multiple Listing Service, Inc. as of 2026-05-15T21:35:55.657. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.