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    The Largest CRE Database in the US with Over 1 Million Listings

    41609 Big Bear Blvd Big Bear Lake, CA 92315

    Sponsored
    For Sale
    $1,285,000

    COMMERCIAL - Big Bear Lake, CA

    Property size:
    3,642 SF
    Lot size:
    0.46 Acres
    Days on Market:
    12
    Last Refresh:
    Jan 31 at 1:06 am

    Property Features for 41609 Big Bear Blvd

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    0309-162-19-0000
    Patio and Porch features
    Deck
    Exterior features
    BlacktopDriveway, Deck, Fence, PavedDriveway
    Fencing
    Fenced
    Size
    3,642 SF
    Lot size
    0.46 Acres

    Utilities

    Heating system
    Forced Air, Natural Gas
    Cooling system
    Central Air

    Building Details

    Year built
    1979
    Floors in Building
    1
    Roof type
    Composition

    We can help!

    Listing Contact
    Michele Kersey
    Michele Kersey

    Wheeler Steffen Real Estate inc (909) 624-1617

    Listing agent Michele Kersey (909) 878-0444 License #01704841

    Listing date Jan 20, 2026

    MLS# 32502289

    Copyright © 2026 Mountain Resort Communities Association of Realtors®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Learn more

    Property Insight Report

    Overview

    Big Bear Lake Commercial Investment

    This commercial investment opportunity features two professional/commercial buildings situated on a 20,000 sq. ft. level lot. Located along Big Bear's Main Corridor, the property is positioned between the Village and Snow Summit Ski Area. The property consists of a two-story building with approximately 2,142 sq. ft. divided into 5 units (4 leased, 1 available) and a single-story building with approximately 1,500 sq. ft. (leased). The property benefits from flexible professional use zoning, accommodating a range of retail, office, and service businesses serving both local and regional customers. Features include ample on-site parking, easy accessibility, HVAC, a new roof, and public utilities. The property has frontage on Main Road, offering excellent signage and exposure opportunities for tenants. The General Commercial Zoning allows for office and professional uses. The property generates a total NOI of $59,707.20 with an approximate 4% cap rate. The property offers immediate cash flow from leased units, with additional upside potential by leasing the vacant unit. Long-term leases with current rents paid provide a reliable, low-risk investment. The location benefits from high traffic and high visibility, close proximity to Big Bear Village, Snow Summit Ski Area, and local amenities. The property is located in a strong commercial area with consistent customer and tourist traffic. The level lot offers potential for improvements or expansion.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Office space

    Suggested Use

    Auto Parts Store Electronics Store Pet Grooming Service Barber Shop Mobile Phone Store Toy Store Dry Cleaner Florist Catering Service Supermarket

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Big Bear Lake
    County
    San Bernardino
    State
    California
    Longitude
    -116.894365
    Latitude
    34.243129

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    FAQs

    What type of property is this?
    Mixed-use property - Fully leased commercial property with upside potential in Big Bear.
    Where is this mixed-use property located?
    The property is located at 41609 Big Bear Blvd Big Bear Lake, CA.
    What is the asking price?
    The asking price for this property is $1,285,000.
    What are key features of this property?
    This property features: - Prime Commercial Investment: Fully leased property provides immediate cash flow and upside potential in a high-traffic location.; - Strategic Location: Situated on Big Bear's Main Corridor, between the Village and Snow Summit Ski Area.; - Income-Producing: Turnkey property with a total Net Operating Income (NOI) of $59,707.20 and a cap rate of approximately 4%.
    (909) 878-0444
    Request Owner's contact information
    41609 Big Bear Blvd Big Bear Lake, CA 92315
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    Big Bear Lake, CA 92315
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    Realmo Value Estimations

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.
    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.
    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    41609 Big Bear Blvd Big Bear Lake, CA 92315
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    We can help!
    Listing Contact
    Michele Kersey
    Michele Kersey
    Real Estate License ID: 01704841
    (909) 878-0444
    Learn more
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