Bridgeport Inn 205 Main St 32 Room Hotel Bridgeport, CA 93517 $2,390,000 ($74,688/Room)

INVESTMENT HIGHLIGHTS

  • 32 Units
  • Historic Hotel First Built in 1877
  • Strategic Location on Highway 395 North of Mammoth Lakes and South of Lake Tahoe
  • 2022 Total Income: $1,340,000+
  • Popular Restaurant and Bar
  • Driving Distance to Yosemite National Park, Bodie, and Mono Lake

EXECUTIVE SUMMARY

The Bridgeport Inn is a historic hotel that was first constructed in 1877. Beginning in the 1920s, the historic hotel building was upgraded to expand the kitchen and restaurant seating, as well as to add 16 upstairs rooms. The second building was built in the late 1940s and expanded in the early 1950s. The onsite restaurant and bar has seating for 80 +/- people, and there is an outside dining area for 150 +/- people.

The property is located on Highway 395 in the heart of the Eastern Sierra, north of Mammoth Lakes, CA and south of Lake Tahoe. The area is annually visited by thousands of tourists for its access to outdoor recreation. Many come to the area to fish the well-known trout streams/lakes or enjoy backcountry winter recreation with over 500 miles of cross-country skiing, snowshoeing, dogsledding, snowmobiling and multiple-use trails. Also notable is its proximity to the well-preserved ghost town of Bodie.

PROPERTY FACTS

Price $2,390,000
Price Per Room $74,688
Sale Type Investment
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 1.21 AC
Building Size 9,300 SF
No. Rooms 32
No. Stories 2
Year Built 1877
Parking Ratio 4.62/1,000 SF
Corridor Interior
Zoning OR

AMENITIES

  • Restaurant
  • High Speed Internet Access
  • On-Site Bar
  • Public Access Wifi
  • Smoke-Free

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Suite 1 $169.00 -
Guest Room 31 $139.00 -

PROPERTY TAXES

  • Listing ID: 28923388

  • Date on Market: 7/5/2023

  • Last Updated:

  • Address: 205 Main St, Bridgeport, CA 93517