Prime Commercial Property For
42001 Big Bear Blvd, Big Bear Lake, CA 92315
For Sale
$1,998,000
33 units in center of town with long-term tenants.
Property Size9,938 SF
Lot Size0.72 Acres
Days on Market347
Property Features for 42001 Big Bear Blvd
General Information
Standard status
Size
Lot size
Property subtype
Taxes and HOA fees
Annual Taxes
Building Details
Building Size
Year Built
Units
Listing Agency:
Better Homes and Gardens Real Estate Champions
Listed By:
OLGA SAIS · License #01144909
(951) 259-1320
Source:
Elliman
Added: Nov 27, 2025
Changed: Aug 8
Last Checked: Apr 24 at 7:52AM
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 Better Homes and Gardens Real Estate Champions
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Investment Insights
Based on property information with market context.
This commercial property features 33 units and is located in the center of town. The property consists of two APN numbers with two addresses. Tenants are long term. The roof is only 3-4 years old, and a picnic area has been recently completed on the corner property. 42001 Big Bear Blvd is a 2-story building consisting of 8 units and 19 storage units, as well as parking for snow plowing equipment, and the picnic area. The 8 units all have their own heating and air units. 42011 Big Bear Blvd is also a two-story building and has a restaurant that occupies the entire bottom floor with 5 units on the top floor. The property has a large parking lot for at least 40 cars. The combined properties share the marquee sign on the Boulevard.
Key Highlights
- Prime commercial property in the center of town with 33 units.
- Two addresses and APN numbers included in the sale.
- Significant parking available (at least 40 cars).
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$142,449
Cap Rate
7.13%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,848,980
$2.8M
Cap Rate 7%
$2,034,986
$2.0M
Cap Rate 9%
$1,582,767
$1.6M
Market Conditions
NOI Build-Up for 9,938 SF
Gross rent
$214.7K $21.60/SF
− Vacancy
−$11.2K −$1.12/SF
EGI
$203.5K $20.48/SF
− OpEx
−$61.0K −$6.14/SF
NOI
$142.4K $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%
$2,848,980
Cap Rate 7%
$2,034,986
Cap Rate 9%
$1,582,767
Alternative Uses
Best Use
Retail
$2.03M
$1.78M – $2.37M
NOI $142,449 @ 7.0% cap · market cap 7.13%
Second Best
Specialty Retail
$1.38M
$1.20M – $1.61M
NOI $96,378 @ 7.0% cap · market cap 4.82%
Theoretical Best
Office A
$2.10M
$1.83M – $2.45M
NOI $146,739 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
647
Businesses Nearby
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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
$538,200
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Average Price Trend$/SF for Shopping centers in San Bernardino County, CA
Properties on Market for Shopping centers in San Bernardino County
Vacancy Rate% for Industrial in West region
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Frequently Asked Questions
What type of property is this?
Shopping center - 33 units in center of town with long-term tenants.
Where is this shopping center located?
The property is located at 42001 Big Bear Blvd Big Bear Lake, CA.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: Prime commercial property in the center of town with 33 units.; Two addresses and APN numbers included in the sale.; Significant parking available (at least 40 cars).
