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300 - 306 W Big Bear Boulevard, Big Bear City, CA

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300 - 306 W Big Bear Boulevard

Big Bear City, CA 92314 - East San Bernardino Submarket


Property Type:Retail Sub Type:Storefront Retail/Residential Status:Existing Year Built:1947
Building Size:5,166 SF Land Area:.29 AC (12,502 SF)
For Sale Price:$689,000 Price/SF:$133.37
Cap Rate:10.00 %
Parking:Free Surface spaces are available; Ratio of 2.09/1,000 SF



Sale Notes:
EXCELLENT INCOME PROPERTY W/ HARD CORNER LOCATION IN BIG BEAR CITY ~ 3 RETAIL UNITS DOWNSTAIRS (RESTAURANT PAYING $1,600/MO; GUN SHOP PAYING $1,800/MO; 3RD UNIT PAYING $1,250/MO) ~ 2 APARTMENTS UPSTAIRS (3 BED PAYING $1,150/MO+ 1 BED PAYING $650/MO) ~ ALL LEASE AGREEMENTS ARE FOR 3 YEARS W/ 5% ANNUAL RENT INCREASES ~ NEWER ROOF/PLUMBING & EXTERIOR PAINT ~ 10% CAP RATE!

ReMax Big Bear
Mike Wochner
(909) 866-6161




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