388 Old Woman Springs Road

Incredible Residential + Commercial zoned opportunity with Beer and Wine licensing in process. Boasting the best zoning in the basin, this 3.64 acre Mixed-Use compound is one of a kind. Previously home to an iconic diner. This property includes public water meter, 2 electric meters, 1 water well, mid century home, large restaurant space, 2 storage buildings, surveillance systems, and limitless free advertising exposure to thousands daily as it sits directly above California Highway 247. Live in the house and run all your businesses on one property! Create an experience! This property is also a Federal Tax Opportunity zone, which has 3 main benefits: Reduce, Defer and eliminate capital gains as well as the benefit of a dollar to dollar write off match. This property is zoned for a multitude of opportunities: Hotel, motel, RV park, bars, restaurants, retail, bodega, coffee shop, live music, art installations, live work lofts, too many options to list. It's a multi generational income property which is very rare to find. Property has been fully fenced and land has been cleared of trees and debris. Perfect for creative individuals build your dream and make money doing it your all set! 247 is a major highway with new businesses opening along this route, more new construction homes coming in the area, and thousands of people traveling this highway you cannot go wrong!