Two-Building Restaurant
New
For Sale
$499,999
1112 Big Bear Blvd, Big Bear City, CA 92314
One building has month-to-month occupancy, while the second is vacant and available for immediate use.
Property Size2,082 SF
Lot Size0.28 Acres
Price / SF$240.15
Days on Market1
Property Features for 1112 Big Bear Blvd
General Information
Standard status
Active
Size
2,082 SF
Lot size
0.28 Acres
Property subtype
Commercial
Zoning
commercial
Additional Details
Road Access
Yes
Building Details
Year Built
1953
Buildings
2
Units
2
Listing Agency:
Re/Max Area Experts
Listed By:
Israel Barden · License #01377973
(909) 273-8980
Source:
Elliman
Added: Oct 7
Last Checked: Oct 7 at 2:07PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Area Experts
Investment Insights
Based on property information with market context.
Two commercial buildings provide a combined 2,082 square feet on two adjoining lots totaling approximately 12,000 square feet. The property is commercially zoned, and the buildings offer a choice of occupied and vacant space. One is leased month to month to No Name Take N Bake Pizza; the other is vacant. The occupied space may be delivered vacant with notice to the tenant.
The property fronts Big Bear Boulevard in Big Bear City, with the lake directly across the street. The buildings date to 1953.
The property fronts Big Bear Boulevard in Big Bear City, with the lake directly across the street. The buildings date to 1953.
Key Highlights
- 2,082 square feet across two commercial buildings
- Two contiguous lots totaling about 12,000 square feet
- Commercial zoning
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,843
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,860
$596.9K
Cap Rate 7%
$426,329
$426.3K
Cap Rate 9%
$331,589
$331.6K
Market Conditions
NOI Build-Up for 2,082 SF
Gross rent
$45.0K $21.60/SF
− Vacancy
−$2.3K −$1.12/SF
EGI
$42.6K $20.48/SF
− OpEx
−$12.8K −$6.14/SF
NOI
$29.8K $14.33/SF
Area
San Bernardino County, CA
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$596,860
Cap Rate 7%
$426,329
Cap Rate 9%
$331,589
Alternative Uses
Best Use
Retail
$426.3K
$373.0K – $497.4K
NOI $29,843 @ 7.0% cap · market cap 5.97%
Second Best
Specialty Retail
$288.4K
$252.4K – $336.5K
NOI $20,191 @ 7.0% cap · market cap 4.04%
Theoretical Best
Office A
$439.2K
$384.3K – $512.4K
NOI $30,742 @ 7.0% cap · market cap 6.15%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
234
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 92314, CA
10,411
Population
9,425
Households
1.1
Avg Household Size
46
Median Age
26%
College-Educated
91%
High-School Grad
36.6 sq mi
ZIP Area
284
Density / Sq Mi
$79,191
Median Household Income
$41,034
Median Earnings
$1,428
Median Rent
$412,800
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - One building has month-to-month occupancy, while the second is vacant and available for immediate use.
Where is this conventional restaurant located?
The property is located at 1112 Big Bear Blvd Big Bear City, CA.
What is the asking price?
The asking price for this property is $499,999.
What are key features of this property?
This property features: 2,082 square feet across two commercial buildings; Two contiguous lots totaling about 12,000 square feet; Commercial zoning
