40585 Big Bear Blvd - Office FOR SALE
Big Bear Lake, CA 92315 |
$799,000 USD
909-273-8980
40585 Big Bear Blvd
Big Bear Lake, CA 92315
HIGHLIGHTS
- Four retail units are all currently rented, ensuring immediate income stability.
- The property comprises three units of approximately 630 square feet each and one unit of about 1,260 square feet.
- Situated on a large 23,200-square-foot lot with commercial village retail zoning.
- All units feature air conditioning, and both building and units are reported to be in good condition.
- Located on Big Bear Blvd, across from the lake and just two blocks from Big Bear Village, providing strong visibility and easy access.
- Leases transition to a month-to-month structure after November, giving future ownership flexible leasing options.
OVERVIEW
This commercial property is situated on the busiest road in SoCals busiest tourist destination. Across the street from the lake and two blocks away from the Big bear Village. 4 units all currently rented. Large 23,200n square foot lot. Currently zoned commercial village retail. 3 630 square foot units and one 1,260 square foot unit. All in good condition. All units have air conditioning. Current rents are below market value. Leases will be month to month after November. All tenants would like to stay. Building is in good condition. Great opportunity.
FOR SALE DETAILS
PRICE
$799,000 USD
PRICE/SF
$254 USD /SF
CAP RATE
2.75%
% LEASED
-
TENANCY
Multiple
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Big Bear Lake Commercial Building
PROPERTY TYPE
Office
TOTAL BUILDING SIZE
-
STORIES
1
BUILDING CLASS
C
YEAR BUILT
1978
SPRINKLERS
-
PARKING SPACES
12
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
Village Specific
APN/PARCEL ID
0308-144-20
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909-273-8980
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909-273-8980
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