4808 State Highway 140

  • Mariposa

  • $4,950,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
Location, location, location! This is the PERFECT development opportunity near Yosemite with 36 acres of prime resort commercial zoning. Currently operating as a successful Zipline Park with quick growth opportunity to increase revenue. Immediate potential for resort/hotel/conference center with proven demand. This property boasts unique and world class views over a 3000 acre preserved historic ranch in one direction and the thriving gateway community of Mariposa in the other. This site has ample highway frontage with good visibility and existing Caltrans turn lanes already in place. State highway 140 is the only 4 season access into Yosemite National Park with over 5,000,000 annual visitors. Vacationers are looking for an adventure resort. Corporations are looking for more choices of conference center facilities in the off season and visitors are looking for peak season accommodations near Yosemite. Demand is currently outpacing supply in the Yosemite region. A current Economic Vitality Report commissioned by the County has identified this demand and the report by Kraft consulting is available. The owners will consider carrying and Yosemite Zipline Ziplines & Adventure business is available to purchase separately. The Yosemite/Mariposa County Tourism Bureau sees a growing need for a location with accommodation combined with adventure activities and THIS IS IT!
Essential
MLS #MP18001109
Price Per SqFt$3,913.04
Sub-TypeSpecialty
CountyMariposa
StateCA
AreaMP1 - Mariposa 1
StatusActive
Sale TypeStandard
Building StatusLand
Land UseMulti-Family,Other
Listing BrokerageConcierge Real Estate Services
Listing AgentKori Smith
Listing Agent BRE #01221746

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Based on information from California Regional Multiple Listing Service, Inc. as of Friday, June 15, 2018. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.