274 Lagoon Street

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274 Lagoon Street

Bishop, CA 93514
Asking Price
$1.50M
Asset Type
Special-purpose
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • Special-purpose property available for purchase in Bishop, California
  • Facility footprint measures 4,980 square feet of total space
  • Asking price for the commercial asset is 1,500,000 dollars
  • Located at 274 Lagoon Street within the 93514 zip code
  • Positioned in a region serving the eastern Sierra Nevada corridor

What's Special

This special-purpose property in Bishop, California, is currently available for sale, presenting a functional acquisition for an investor or operator seeking a versatile facility. Spanning 4,980 square feet at 274 Lagoon Street, the building is situated in a region known for its proximity to the eastern Sierra Nevada and a stable local economy driven by outdoor recreation and tourism. The asset provides a strategic footprint for specialized business operations requiring a centralized location within the Bishop submarket. Given its classification, the space is well-suited for businesses needing a dedicated facility for specific professional or industrial applications. The property sits within a community that benefits from steady regional traffic and access to major thoroughfares, making it a practical site for a long-term business headquarters or a focused operational base. Prospective buyers can leverage the existing structure for a variety of unique commercial ventures as the local market continues to evolve.

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NOI
$80,000
Cap Rate
5.33%
DSCR
0.90
Underwater
Cash-on-Cash
-2.01%
Monthly Payment
$7,421.182
Annual Cash Flow
$-9,054.179

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