Big Bear Commercial Investment
41609 Big Bear Blvd, Big Bear Lake, CA 92315
For Sale
$1,186,800
Fully leased commercial property with income and upside potential.
Property Size3,642 SF
Lot Size0.46 Acres
Price / SF$325.86
Days on Market286
Property Features for 41609 Big Bear Blvd
General Information
Standard status
Size
Lot size
Listing Agency:
Vista Sotheby's International Realty
(909) 878-5500
Listed By:
Michele Kersey · License #01704841
(714) 469-6217
Source:
Exprealty
Added: Jan 26
Changed: Aug 8
Last Checked: Aug 8 at 1:02PM
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 Vista Sotheby's International Realty
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Investment Insights
Based on property information with market context.
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.
Key Highlights
- 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.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$52,204
Cap Rate
4.40%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,044,080
$1.0M
Cap Rate 7%
$745,771
$745.8K
Cap Rate 9%
$580,044
$580.0K
Market Conditions
NOI Build-Up for 3,642 SF
Gross rent
$78.7K $21.60/SF
− Vacancy
−$4.1K −$1.12/SF
EGI
$74.6K $20.48/SF
− OpEx
−$22.4K −$6.14/SF
NOI
$52.2K $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%
$1,044,080
Cap Rate 7%
$745,771
Cap Rate 9%
$580,044
Alternative Uses
Best Use
Retail
$745.8K
$652.6K – $870.1K
NOI $52,204 @ 7.0% cap · market cap 4.40%
Second Best
Office B
$612.4K
$535.9K – $714.5K
NOI $42,868 @ 7.0% cap · market cap 3.61%
Theoretical Best
Office A
$768.2K
$672.2K – $896.3K
NOI $53,776 @ 7.0% cap · market cap 4.53%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
734
Businesses Nearby
Explore this area
Business Placement
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
$538,200
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Retail space in San Bernardino County, CA
Properties on Market for Retail space in San Bernardino County
Vacancy Rate% for Office in West region
Frequently Asked Questions
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 $1,186,800.
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.
