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Mixed-Use Property with Restaurant
For Sale
$3,200,000

40821 Village Drive, Big Bear Lake, CA 92315

Commercial Sale, Big Bear Lake, CA

Property SizeContact for details
Lot Size0.27 Acres
Days on Market18

Property Features for 40821 Village Drive

General Information

Property type Commercial Sale
Property subtype Retail
Zoning Village Specific
Directions Cross Street: Pine Knot
Subdivision 289 - Big Bear Area
Standard status Active
APN 0308183210000
Lot size 0.27 Acres

Tenancy & Operations

Currently Operating Yes
Business Included Yes

Building Details

Year built 1940
Listing Agency: KELLER WILLIAMS BIG BEAR · Keller Williams Realty
Listed By: Michael Dolan · License #00752899
Added: Oct 16 Changed: Nov 2 Last Checked: Nov 2 at 6:06PM
MLS# IG26225080

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property includes La Pergola, an operating Italian restaurant with 6,036 square feet of restaurant space and a 966-square-foot outdoor dining patio featuring a fire pit and water feature. The configuration also includes 467 square feet of upper-level office and shower apartment space, plus an attached 2,036-square-foot residential and support structure. That structure contains four apartment units, an unfinished manager or owner apartment, and an employee room with a half bath. The parcel measures approximately 11,700 square feet, and the building dates to 1940.

Improvements include a restaurant and patio remodel, a pergola, electrical panel work, plumbing and sewer upgrades, HVAC systems, concrete patio work, and remodeled restrooms. The property is zoned Village Specific. The real estate and restaurant business are offered together.

Key Highlights

  • 6,036 square feet of restaurant space
  • Attached 2,036‑square‑foot residential and support structure with four apartment units
  • Approximately 11,700‑square‑foot parcel

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Conventional restaurants

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

2
Businesses Nearby

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
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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 - The offering combines an operating Italian restaurant with residential and support spaces.
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: 6,036 square feet of restaurant space; Attached 2,036‑square‑foot residential and support structure with four apartment units; Approximately 11,700‑square‑foot parcel
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