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Restaurant and Apartment Property
New
For Sale
$3,200,000

40821 Village Drive, Big Bear Lake, CA 92315

CommercialSale, Big Bear Lake, CA

Property Size8,099 SF
Lot Size0.27 Acres
Price / SF$395.11
Days on Market2

Property Features for 40821 Village Drive

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 0308-183-21-0000
Lot size 0.27 Acres

Utilities

Heating system Forced Air

Amenities

fire pit
water feature
pergola

Building Details

Year built 1940
Floors in Building 1
Roof type Composition, Rolled Hot Mop
Listing Agency: Keller Williams Big Bear · Keller Williams Realty
Listed By: Mike Dolan · License #00752899
Added: Oct 15 Changed: Oct 16 Last Checked: Oct 16 at 8:06PM
MLS# 32602395

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.

At 40821 Village Drive in Big Bear Lake, this mixed-use property pairs an operating Italian restaurant with residential and support space. The restaurant occupies approximately 6,036 square feet, with a 966-square-foot patio for outdoor dining. Additional areas include 467 square feet of upper-level office and shower space and an attached 2,036-square-foot structure with four apartments, an unfinished manager or owner apartment, and an employee room with a half bath. The restaurant business and real estate are being offered together, along with furnishings, fixtures, equipment, goodwill, and a liquor license.

The 0.2686-acre parcel includes paved and blacktop driveway areas. Improvements include restaurant and patio remodeling, a newer pergola, updated electrical service, plumbing and sewer work, newer HVAC systems, concrete patio areas, and remodeled restrooms. The building dates to 1940.

Key Highlights

  • Restaurant space measures approximately 6,036 square feet, with a 966‑square‑foot outdoor dining patio
  • Attached 2,036‑square‑foot residential and support structure has four apartments, an unfinished apartment, and an employee room
  • Upper‑level office and shower area measures approximately 467 square feet

Property Analytics

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Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

726
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 0.1 miles
Chevron Shops & Services
16,734 visits/mo 0.3 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 0.2 miles
The UPS Store Shops & Services
1,313 visits/mo 0.1 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
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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?
Mixed-use property - An operating Italian restaurant is offered with apartment and employee accommodations, furnishings, equipment, goodwill, and a liquor license.
Where is this mixed-use property located?
The property is located at 40821 Village Drive Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $3,200,000.
What are key features of this property?
This property features: Restaurant space measures approximately 6,036 square feet, with a 966‑square‑foot outdoor dining patio; Attached 2,036‑square‑foot residential and support structure has four apartments, an unfinished apartment, and an employee room; Upper‑level office and shower area measures approximately 467 square feet
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