40645 Village Dr - Storefront Retail/Residential FOR SALE


Big Bear Lake, CA 92315
$1,350,000 USD
626-806-3341
40645 Village Dr, Big Bear Lake, CA for Sale
$1,350,000 USD
Storefront Retail/Residential - FOR SALE
1/13
null | Request Cap Rate

40645 Village Dr
Big Bear Lake, CA 92315


OVERVIEW

Fully Leased Village Investment with Entitled Expansion to Double Income 40645 Village Drive presents a rare opportunity to own a turnkey, income-producing property in the heart of Big Bear Lake’s bustling Village district—with shovel-ready plans to triple its earning power. The ±3,190 SF mixed-use building is fully leased, featuring a popular ground-floor delicatessen that attracts steady local and tourist traffic, and a well-appointed two-bedroom, two-bath residential unit upstairs. Included is an adjacent, fully entitled vacant lot with approved building plans for a second structure mirroring the original—complete with ground-floor retail space and two upper-level, two-bedroom apartments. Once built, the new structure is projected to nearly double the property’s rental income, creating significant upside for investors. Located directly on the Village’s main commercial corridor, the property offers exceptional visibility and year-round foot traffic, surrounded by boutique shops, restaurants, lodging, and recreational amenities. This is a chance to secure a prime, high-performing asset in one of Southern California’s most desirable resort markets—with expansion potential already in place.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Approved Building Plans for Additional Bldg

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2008

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.24 AC

LAND SF

10,454 SF

ZONING

Commercial

APN/PARCEL ID

0308-137-13

ASK ABOUT THIS PROPERTY

Giorgio ToumaMGR Real EstateMore Info
626-806-3341

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Giorgio ToumaMGR Real EstateMore Info
626-806-3341

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