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Four-Unit Retail Property
For Sale
$799,000

40585 Big Bear Boulevard, Big Bear Lake, CA 92315

CommercialSale, Big Bear Lake, CA

Property Size3,150 SF
Lot Size0.53 Acres
Price / SF$253.65
Days on Market138

Property Features for 40585 Big Bear Boulevard

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Village Specific Plan
Exterior features BlacktopDriveway, PavedDriveway
Lot features Level
Subdivision Big Bear Lake Central
Standard status Active
APN 0308-144-20-0000
Lot size 0.53 Acres

Utilities

Heating system Forced Air
Cooling system Central Air
Water source Public

Amenities

air conditioning

Building Details

Year built 1978
Floors in Building 1
Roof type Composition
Listing Agency: Re/Max Big Bear-Fox Farm · RE/MAX International
Listed By: Izzy Barden · License #01377973
Added: Jun 2 Changed: Aug 20 Last Checked: Oct 17 at 1:06PM
MLS# 32601288

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.

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Investment Insights

Based on property information with market context.

This retail property contains four occupied units: three measuring 630 square feet each and one measuring 1,260 square feet. The suites and building are described as being in good condition, with central air conditioning throughout. The property was built in 1978 and includes a composition roof, forced-air heating, public water, and paved driveways. The parcel encompasses 0.5326 acres.

Located on Big Bear Boulevard in Big Bear Lake, the property sits across from the lake and two blocks from Big Bear Village. Its commercial village retail zoning supports the existing retail configuration. All four units are currently rented, with leases scheduled to become month-to-month after November. Existing tenants have expressed interest in remaining at the property.

Key Highlights

  • Four occupied retail units: three 630‑square‑foot suites and one 1,260‑square‑foot suite
  • 0.5326‑acre parcel on Big Bear Boulevard in Big Bear Lake
  • Zoned commercial village retail

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$45,151
Cap Rate
5.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$903,020 $903.0K
Cap Rate 7%
$645,014 $645.0K
Cap Rate 9%
$501,678 $501.7K
Market Conditions
NOI Build-Up for 3,150 SF
Gross rent
$68.0K $21.60/SF
− Vacancy
−$3.5K −$1.12/SF
EGI
$64.5K $20.48/SF
− OpEx
−$19.4K −$6.14/SF
NOI
$45.2K $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%
$903,020
Cap Rate 7%
$645,014
Cap Rate 9%
$501,678

Alternative Uses

Best Use
Retail
$645.0K
$564.4K – $752.5K (±1% cap)
NOI $45,151 @ 7.0% cap · market cap 5.65%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$664.4K
$581.4K – $775.2K (±1% cap)
NOI $46,511 @ 7.0% cap · market cap 5.82%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Retail space

Suggested Use

Top Pick Grocery & Convenience Store Carpet & Flooring Store Catering Service (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

712
Businesses Nearby
64k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 57% Shops & Services 28% Hotels & Casinos 15%
Jack in the Box Dining
25,080 visits/mo 0.2 miles
Chevron Shops & Services
16,734 visits/mo 0.1 miles
Jasper's Dining
11,536 visits/mo 0.2 miles
Holiday Inn Resort The Lodge at Big Bear Lake Hotels & Casinos
9,371 visits/mo 0.1 miles
The UPS Store Shops & Services
1,313 visits/mo 0.2 miles

Demographics for 92315, CA

5,148
Population
9,861
Households
0.5
Avg Household Size
51
Median Age
34%
College-Educated
92%
High-School Grad
29.4 sq mi
ZIP Area
175
Density / Sq Mi
$79,293
Median Household Income
$43,778
Median Earnings
$1,278
Median Rent
$538,200
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

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025

Frequently Asked Questions

What type of property is this?
Retail space - Commercial village retail zoning supports an occupied property with air-conditioned suites near Big Bear Lake.
Where is this retail space located?
The property is located at 40585 Big Bear Boulevard Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: Four occupied retail units: three 630‑square‑foot suites and one 1,260‑square‑foot suite; 0.5326‑acre parcel on Big Bear Boulevard in Big Bear Lake; Zoned commercial village retail
More about this property
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