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Listed by: Kori Smith (831) 706-1600 DRE #01221746 | Concierge Homes (209) 742-4580
$370,000
Monthly Est:$1,842
4 Beds
- 5 Baths
3,360sqft
6065 State Hwy 49 N, Mariposa, CA 95338
$370,000
$1,842/moEst:
Get Pre-Approved
Mixed Use
Built in 1948
$-- HOA
18,731 sqft lot
$110/sq.ft
Description
Highway 49 Mixed-Use Investment with Multiple Income Streams & Commercial Potential
Positioned along highly traveled **Highway 49 in historic Mariposa**, this versatile mixed-use property offers a compelling combination of existing rental income, commercial visibility, flexible use, and value-add potential in one of the area's key corridors to Yosemite National Park.
Formerly home to the well-known **Airport Bar & Grill**, the commercially zoned main space is currently configured as the owner's residence and will be delivered vacant at closing. The space presents an opportunity for an owner-user or investor to reestablish a restaurant, bar, café, market, retail business, or other compatible commercial use, subject to applicable zoning and approvals. Highway frontage and consistent local and visitor traffic provide excellent exposure and visibility.
The property also includes three separate freestanding residential units: a studio, a one-bedroom apartment, and a one-bedroom home with a loft. Together, these units provide diversified rental income and flexibility for long-term tenants, additional owner-user accommodations, or other permitted uses.
The residential units currently generate approximately **$2,850 per month in rental income**. Based on market estimates, the vacant commercial/residential unit could potentially generate an additional **$1,500 per month**, representing projected gross rental income of approximately **$4,350 per month** when fully leased.
The property is being offered with known deferred maintenance and repair needs, creating an opportunity for a buyer to evaluate improvements and reposition the property to suit their investment strategy. Available inspections and property reports provide additional information for buyers to review as part of their due diligence.
Spacious side and rear yards with mature landscaping add to the property's flexibility and offer additional potential for outdoor use, subject to applicable regulations.
Whether you're looking for an income-producing mixed-use investment, live/work property, owner-user opportunity, or commercial repositioning project, this Highway 49 property offers a rare combination of established residential cash flow, prominent frontage, multiple structures, and significant upside potential in Mariposa.
A distinctive value-add opportunity with the visibility, income, and flexibility to support a variety of investment and business strategies.
- Houzeo last checked: 2 minutes ago
- Listing updated: August 13, 2026 at 9:06 pm
- Source: California Regional MLS-CA | MLS#: MP26077828

Part of
Property Details
Status
Active
Type
Multi Family
No. of Stories
1
County
City
Neighborhood
--
Year Built
1948
HOA Fees
-
Finished Area
3,360 sqft
Lot Size
18,731 sqft lot
Basement Area
- sqft
MLS Name
California Regional MLS
MLS Number
MP26077828
MLS Status
Active
Days on Market
171
Cumulative Days on Market
112

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 4
Bathrooms: 5
Interior
Heating
Wood Stove
Sewer
Septic Tank
Cooling
Evaporative Cooling
Utilities & Energy
Fireplace Features
None
Laundry Features
Inside
Pool Features
None
Utilities
Electricity Connected
Water Source
Well
Other Features
Tenant Pays
Electricity
Lot Features
Corner Lot, Garden
Community Features
Rural
Price History
| Date | Event | Price |
|---|---|---|
04/23/2026 Source: | Listed for Sale | $370,000 +0.03% $110/sqft |
11/16/2025 Source: | Off Market | $369,900 -7.29% $110/sqft |
11/05/2025 Source: | Pending | $399,000 $119/sqft |
08/08/2025 Source: | Listed for Sale | $399,000 $119/sqft |
Find Homes by Property Features in Mariposa, CA
Based on information from California Regional Multiple Listing Service, Inc. as of Oct 12, 2026, 04:45AM and /or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This website may not include listings or property addresses of sellers who have directed their listing brokers to withhold their listing or their property address from display on the Internet. © 2026 California Regional Multiple Listing Service. All Rights Reserved.
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