41609 Big Bear Blvd Big Bear Lake, CA 92315
Fully leased commercial property with income and upside potential.
Lot size:
0.46 AcresProperty Features for 41609 Big Bear Blvd
General Information
- Standard status
- Active
- Lot size
- 0.46 Acres
Source:
Exprealty
Listing Agency: Vista Sotheby's International Realty Listing Agent: Michele Kersey
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Big Bear Commercial Investment Opportunity
This commercial investment opportunity features two professional/commercial buildings situated on a 20,000 sq. ft. level lot along Big Bear’s main corridor. The property is located between the Village and Snow Summit Ski Area. One building is a two-story structure with five units totaling approximately 2,142 sq. ft., with four units currently leased and one available. The other is a single-story building of approximately 1,500 sq. ft. that is leased. The property has flexible professional use zoning suitable for a range of retail, office, and service businesses serving both local and regional customers. It features ample on-site parking, easy accessibility, HVAC, a new roof, and public utilities. The property also benefits from frontage on the main road. The property has excellent signage and exposure opportunities for tenants. The current total NOI is $59,707.20 with an approximate 4% cap rate. The property offers immediate cash flow from leased units, with additional upside potential by leasing the vacant unit. It is located in a strong commercial area with consistent customer and tourist traffic.
Location Intelligence
Current Use by Public Records
Retail space
Location Insight
- Map
- Local Demand
- City
- Big Bear Lake
- County
- San Bernardino
- State
- California
- Longitude
- -116.8942844
- Latitude
- 34.2430178
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FAQs
What type of property is this?
Retail space - Fully leased commercial property with income and upside potential.
Where is this retail space located?
The property is located at 41609 Big Bear Blvd Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,398,680.
What are key features of this property?
This property features: - Prime Commercial Investment: Fully leased property with upside potential in a high-traffic Big Bear location.; - Strong Income Potential: Immediate cash flow with a $59,707.20 NOI and opportunity to increase income by leasing the vacant unit.; - Strategic Location: Situated on Big Bear's Main Corridor, between the Village and Snow Summit Ski Area.