Prime Village Retail
40716 Village Dr Big Bear Lake, CA 92315
40716 Village Dr, Big Bear Lake, CA, 92315
$1,200,000
For Sale
$1,200,000
Commercial retail building in the heart of the Village.
Property Size3,116 SF
Lot Size0.06 Acres
Price / SF$385.11
Days on Market217
Property Features for 40716 Village Dr
General Information
- Standard status
- Active
- Size
- 3,116 SF
- Lot size
- 0.06 Acres
Listing Agency
KELLER WILLIAMS BIG BEAR
(909) 866-6453
Listed by
Michael Dolan · License #00752899
(909) 866-6453
Source
Exprealty
Added: Dec 12, 2025 Checked: Jul 16 at 10:31 pm
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 KELLER WILLIAMS BIG BEAR
Investment Insights
Based on property information with market context.
This commercial retail building, located in the heart of the Village, offers approximately 3,116 square feet of space. The structure has high visibility and can be divided into two or three units on the main level, in addition to an upstairs unit. The current tenant is interested in signing a long-term lease to continue renting the entire building or a portion of it. Current tenants include SUPERHERO TOYS AND MORE and LA FIESTA CANDY STORE. The sale includes the real estate only.
Key Highlights
- Prime Village location with high visibility.
- Potential for immediate rental income with existing tenant interested in long‑term lease.
- Divisible into two or three retail units on the main level, plus an upstairs unit, offering flexible usage.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $67.3k | $21.60 |
| − Vacancy | −$3.5k | −$1.12 |
| EGI | $63.8k | $20.48 |
| − OpEx | −$19.1k | −$6.14 |
| NOI | $44.7k | $14.33 |
3,116 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$638.1K
$558.3K – $744.4K
NOI $44,664 @ 7.0% cap · market cap 3.72%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$657.3K
$575.1K – $766.8K
NOI $46,009 @ 7.0% cap · market cap 3.83%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Isalis
(Bike/Boat/Book/etc) Store
Party City
Party Supply Store
Skunk Funk
Big Box & Wholesale Store
Carl's Trading Co
Hat Shop
Bushka's Kitchen LLC
(Bike/Boat/Book/etc) Store
Similar For Sale Nearby
FAQs
What type of property is this?
Retail space - Commercial retail building in the heart of the Village.
Where is this retail space located?
The property is located at 40716 Village Dr Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,200,000.
What are key features of this property?
This property features: Prime Village location with high visibility.; Potential for immediate rental income with existing tenant interested in long‑term lease.; Divisible into two or three retail units on the main level, plus an upstairs unit, offering flexible usage.