31956 Hilltop Blvd - Restaurant FOR SALE


Running Springs, CA 92382
$559,000 USD
818-877-9909
31956 Hilltop Blvd, Running Springs, CA for Sale
$559,000 USD
Restaurant - FOR SALE
1/65
null | 9.87% Cap Rate

31956 Hilltop Blvd
Running Springs, CA 92382


HIGHLIGHTS

  • In close proximity to route 330

OVERVIEW

Huge Price Reduced for quick close! Exceptional Investment Opportunity in the Heart of the San Bernardino Mountains Rare opportunity to acquire a fully renovated commercial property with stable rental income in a highly visible mountain resort location. Situated near the junction of Highways 18 and 330, this unique property serves both local residents and the year-round tourist traffic traveling to and from Big Bear Lake and nearby ski resorts. The building was extensively rebuilt and renovated in 2018 and offers approximately 2,458 square feet of commercial space on a 3,861 square-foot lot. The property features three levels, including a fully equipped restaurant on the main level, a private office on the upper floor, and substantial storage and utility areas on the lower level. The main level includes indoor dining, upgraded restrooms, commercial kitchen facilities, food display areas, and access to a beautifully constructed outdoor courtyard designed for events, entertainment, and additional guest seating. The courtyard accommodates approximately 100 guests and includes gazebo, open gathering space, a performance area, and outdoor dining facilities. The upper level features a private office, staff lounge, and bathroom. The lower level offers multiple storage rooms, staff break areas, laundry facilities, and additional restroom facilities. Investment Highlights: - Existing long-term restaurant tenant in place - Tenant has a history of paying rent on time - Approximately one year remaining on the current lease term - Tenant is interested in continuing occupancy under new ownership - Opportunity for future owner-user occupancy, lease extension, or repositioning of the property - Excellent visibility and traffic from both local residents and visitors - Strong seasonal demand driven by nearby ski resorts and year-round mountain tourism The property has been held off the market in prior years due to the tenant’s lease commitment. Now, with approximately one year remaining on the lease, the owner has decided to make this investment opportunity available again. Whether you are seeking a stable income-producing asset, a future owner-user opportunity, or a mountain commercial property with significant upside potential, this offering presents exceptional value in a desirable Southern California resort market. Contact listing agent for lease details, financial information, and seller financing terms. Diana at 818-877-9909 or 951-313-8818 dlsunny@gmail.com.

FOR SALE DETAILS

PRICE

$559,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

9.87%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Storefront Retail/Office, Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1926

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.18 AC

LAND SF

7,841 SF

ZONING

HT/CG-SCP

APN/PARCEL ID

0295-142-16

ASK ABOUT THIS PROPERTY

Diana YangLuoAMDJ Realty, Inc.More Info
818-877-9909

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Diana YangLuoAMDJ Realty, Inc.More Info
818-877-9909

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.