Listed by Kori Smith of Concierge Homes
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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Based on information submitted to CRMLS as of May 21, 2026 4:20 AM EDT . All data is deemed reliable but is not guaranteed accurate by the MLS. All information should be independently reviewed and verified for accuracy. IDX information is provided exclusively for consumers’ personal, noncommercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

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