Two-Building Restaurant
New
For Sale
$499,999
1112 W Big Bear Boulevard, Big Bear City, CA 92314
CommercialSale, Big Bear City, CA
Property Size2,082 SF
Lot Size0.28 Acres
Price / SF$240.15
Days on Market3
Property Features for 1112 W Big Bear Boulevard
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
General Commercial
Interior features
HandicapAccess
Exterior features
BlacktopDriveway, PavedDriveway
Accessibility
Accessible Approach with Ramp
Lot features
Level
Subdivision
Big Bear City
Standard status
Active
APN
0311-033-29-0000
Lot size
0.28 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
1953
Floors in Building
1
Roof type
Composition
Listing Agency:
Re/Max Big Bear-Fox Farm · RE/MAX International
(909) 866-5062
Listed By:
Izzy Barden · License #01377973
(909) 273-8980
Added: Oct 2
Last Checked: Oct 4 at 12:06PM
MLS# 32602291
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.
Investment Insights
Based on property information with market context.
This restaurant property comprises two commercial buildings with a combined 2,082 square feet on two contiguous lots totaling approximately 12,000 square feet, or 0.2755 acres. Built in 1953, the buildings have commercial zoning and a paved driveway. One space is occupied by No Name Take N Bake Pizza under a month-to-month lease and may be delivered vacant with notice; the other building is currently unoccupied. Natural gas heat and an accessible approach with ramp are among the property features.
The site is at 1112 W Big Bear Boulevard in Big Bear City, directly across the street from the lake. Its Boulevard frontage places the buildings along a commercial corridor. The two-building layout can accommodate one or two occupants, with one building available for immediate use.
The site is at 1112 W Big Bear Boulevard in Big Bear City, directly across the street from the lake. Its Boulevard frontage places the buildings along a commercial corridor. The two-building layout can accommodate one or two occupants, with one building available for immediate use.
Key Highlights
- Two commercial buildings totaling 2,082 square feet
- Two contiguous lots totaling approximately 12,000 square feet (0.2755 acres)
- One building occupied by No Name Take N Bake Pizza on a month‑to‑month lease
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$29,843
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.97%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
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 rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
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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Open Analytics
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 - Month-to-month occupancy in one building is paired with a vacant second space for flexible use.
Where is this conventional restaurant located?
The property is located at 1112 W Big Bear Boulevard 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: Two commercial buildings totaling 2,082 square feet; Two contiguous lots totaling approximately 12,000 square feet (0.2755 acres); One building occupied by No Name Take N Bake Pizza on a month‑to‑month lease
