Big Bear Blvd Big Bear Lake, CA 92315
- Land
- 2.05 lot acres
Current Use by Public Records
- Land
Property Details for 0 Big Bear Blvd
- Lot size
- 2.05 lot acres
- Property type
- Land
Description
This exceptional 2.05-acre commercial property in Big Bear Lake, California, presents a unique investment opportunity. Located on Big Bear Blvd, near Tulip Ln, in the desirable Metcalf Bay area, this land boasts three combined parcels (APN: 030715108, 030715107, 030715113) and is zoned Commercial Visitor. The city encourages development, expressing particular interest in short-term lodging. This allows for diverse development options, including a boutique hotel, restaurant, office space, or a combination thereof. The property's scenic location offers calm waters, stunning views, and proximity to abundant recreational activities like fishing, skiing, boating, hiking, and biking. The area's natural beauty can be preserved while creating a thriving business. This offering is further enhanced by its location within a California New Market Tax Credit Zone, potentially providing up to 39% tax credits for eligible development projects (consult your tax advisor for details). This is a time-sensitive opportunity to capitalize on the high demand for lodging and commercial space in Big Bear Lake. The asking price is $1,149,000. Detailed information regarding the New Market Tax Credit program eligibility should be independently verified.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Big Bear Lake
- County
- San Bernardino
- State
- California
- Longitude
- -116.932
- Latitude
- 34.2401
