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Ben Franklin 162 N Main St 7,222 SF Vacant Retail Building Bishop, CA 93514 $925,000 ($128.08/SF)
Investment Highlights
- Prime Main Street location in Bishop’s historic downtown corridor with direct frontage on U.S. Highway 395.
- Interior demolition completed and redevelopment-ready with predevelopment work finalized.
- Concept plans available for hotel and restaurant projects.
- Approximately 7,222 SF two-story building with potential for a third story.
- Flexible zoning supports retail, restaurant, hospitality, office, residential, or mixed-use development.
- Located near Mammoth Mountain Ski Area, a major year-round tourism destination.
Executive Summary
162 N. Main Street presents a rare opportunity to acquire a historic commercial property in the heart of Bishop’s vibrant downtown corridor. Positioned directly along U.S. Highway 395, this two-story building offers exceptional visibility and benefits from consistent year-round traffic. The property spans approximately 7,222 square feet and has undergone complete interior demolition, creating a blank canvas for redevelopment.
Significant predevelopment work has been completed, including environmental inspection, structural engineering evaluation, soil testing, and preparation of as-built architectural drawings. These steps reduce development risk and accelerate project timelines. Updated zoning allows for flexible uses such as retail, hospitality, office, or mixed-use, and concept plans for a hotel and restaurant are available. The existing structure provides valuable vertical density with potential expansion to a third story.
Located approximately 45 minutes from Mammoth Mountain Ski Area, Bishop is a growing year-round tourism destination serving visitors throughout the Eastern Sierra. This property offers investors and developers a prime location with strong redevelopment potential in a market poised for continued growth.
Significant predevelopment work has been completed, including environmental inspection, structural engineering evaluation, soil testing, and preparation of as-built architectural drawings. These steps reduce development risk and accelerate project timelines. Updated zoning allows for flexible uses such as retail, hospitality, office, or mixed-use, and concept plans for a hotel and restaurant are available. The existing structure provides valuable vertical density with potential expansion to a third story.
Located approximately 45 minutes from Mammoth Mountain Ski Area, Bishop is a growing year-round tourism destination serving visitors throughout the Eastern Sierra. This property offers investors and developers a prime location with strong redevelopment potential in a market poised for continued growth.
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Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
7,222 SF
Building Class
C
Year Built
1914
Price
$925,000
Price Per SF
$128.08
Percent Leased
Vacant
Building Height
2 Stories
Building FAR
1.38
Lot Size
0.12 AC
Opportunity Zone
Yes
Zoning
C1 - Commercial
Fairly walkable
40/100
Exceptionally drivable
100/100
Moderately bikeable
60/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 001-133-19 | Improvements Assessment | $318,362 |
| Land Assessment | $212,241 | Total Assessment | $530,603 |
Property Taxes
Parcel Number
001-133-19
Land Assessment
$212,241
Improvements Assessment
$318,362
Total Assessment
$530,603
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Ben Franklin | 162 N Main St
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