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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.
Property Type(s):
Residential Income
| Last Updated | 4/23/2026 | Year Built | 1948 |
|---|---|---|---|
| Community | MP5 - Mariposa 5 | County | Mariposa |
Additional Details
| AIR | Evaporative Cooling |
|---|---|
| AIR CONDITIONING | Yes |
| AREA | MP5 - Mariposa 5 |
| EXTERIOR | Garden |
| HEAT | Wood Stove |
| LOT | 0.43 acre(s) |
| LOT DESCRIPTION | Corner Lot, Garden |
| LOT DIMENSIONS | 18731 |
| POOL DESCRIPTION | None |
| SEWER | Septic Tank |
| STORIES | 1 |
| UTILITIES | Electricity Connected |
| VIEW DESCRIPTION | None |
| WATER | Well |
Location
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Listed with Concierge Homes
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