**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 immediate rental income, value-add potential, and outstanding flexibility for investors or owner-users.
Formerly home to the well-known Airport Bar & Grill, the property includes a commercially zoned restaurant space—currently configured as the owner’s residence—that will be delivered vacant at closing, creating an excellent opportunity to reopen a restaurant, bar, café, market, retail business, or other commercial venture. With excellent highway frontage and steady local and visitor traffic, the location offers outstanding visibility in one of the primary gateways to Yosemite National Park.
In addition to the commercial space, the property includes three separate freestanding residential units consisting of a studio, a one-bedroom apartment, and a one-bedroom home with a loft, providing diversified rental income and multiple occupancy options.
The residential units currently generate approximately $2,850 per month in rental income. Based on market estimates, the owner-occupied commercial/residential unit could generate an additional $1,500 per month, bringing projected gross rental income to approximately $4,350 per month.
While the property offers significant upside, it is being sold with known deferred maintenance and repair needs. Inspections and property reports are available for buyer review, providing transparency and allowing purchasers to evaluate improvement opportunities and maximize the property’s long-term potential.
Additional amenities include spacious side and rear yards with mature landscaping, further enhancing the property’s flexibility and future possibilities.
Whether you’re seeking a mixed-use investment, a live/work opportunity, or a commercial redevelopment with established residential income, this Highway 49 property offers a compelling combination of cash flow, visibility, and upside in one of Mariposa’s most desirable commercial corridors.
Positioned along highly traveled Highway 49 in historic Mariposa, this versatile mixed-use property offers immediate rental income, value-add potential, and outstanding flexibility for investors or owner-users.
Formerly home to the well-known Airport Bar & Grill, the property includes a commercially zoned restaurant space—currently configured as the owner’s residence—that will be delivered vacant at closing, creating an excellent opportunity to reopen a restaurant, bar, café, market, retail business, or other commercial venture. With excellent highway frontage and steady local and visitor traffic, the location offers outstanding visibility in one of the primary gateways to Yosemite National Park.
In addition to the commercial space, the property includes three separate freestanding residential units consisting of a studio, a one-bedroom apartment, and a one-bedroom home with a loft, providing diversified rental income and multiple occupancy options.
The residential units currently generate approximately $2,850 per month in rental income. Based on market estimates, the owner-occupied commercial/residential unit could generate an additional $1,500 per month, bringing projected gross rental income to approximately $4,350 per month.
While the property offers significant upside, it is being sold with known deferred maintenance and repair needs. Inspections and property reports are available for buyer review, providing transparency and allowing purchasers to evaluate improvement opportunities and maximize the property’s long-term potential.
Additional amenities include spacious side and rear yards with mature landscaping, further enhancing the property’s flexibility and future possibilities.
Whether you’re seeking a mixed-use investment, a live/work opportunity, or a commercial redevelopment with established residential income, this Highway 49 property offers a compelling combination of cash flow, visibility, and upside in one of Mariposa’s most desirable commercial corridors.
Property Details
Price:
$370,000
MLS #:
MP26077828
Status:
Active
Beds:
0
Baths:
0
Type:
Single Family
Subtype:
Commercial/Residential
Neighborhood:
mp5mariposa5
Listed Date:
Apr 23, 2026
Total Sq Ft:
3,360
Lot Size:
18,731 sqft / 0.43 acres (approx)
Year Built:
1948
See this Listing
Schools
Interior
Cooling
EV
Heating
WDS
Laundry Features
IN
Levels
A
Exterior
Common Walls
NCW
Community Features
RUR
Parking Spots
12
Parking Total
12
Spa Features
NO
View
NO
Financial
Map
Community
- Address6065 State Highway 49 N Mariposa CA
- CityMariposa
- CountyMariposa
- Zip Code95338
Market Summary
Current real estate data for Single Family in Mariposa as of Jul 14, 2026
75
Single Family Listed
114
Avg DOM
276
Avg $ / SqFt
$471,167
Avg List Price
Property Summary
- 6065 State Highway 49 N Mariposa CA is a Single Family for sale in Mariposa, CA, 95338. It is listed for $370,000 and features 0 beds, 0 baths, and has approximately 0 square feet of living space, and was originally constructed in 1948. The average price per square foot for Single Family listings in Mariposa is $276. The average listing price for Single Family in Mariposa is $471,167.
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Courtesy of Concierge Homes. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than include the name of the listing broker. Neither the listing company nor shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.6065 State Highway 49 N
Mariposa, CA