Big Bear Lake, CA 92315,41659 Big Bear Boulevard
Big Bear Lake, CA 92315,41659 Big Bear Boulevard
Big Bear Lake, CA 92315,41659 Big Bear Boulevard
Big Bear Lake, CA 92315,41659 Big Bear Boulevard
Big Bear Lake, CA 92315,41659 Big Bear Boulevard
Big Bear Lake, CA 92315,41659 Big Bear Boulevard
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Listed by MICHAEL DOLAN • KELLER WILLIAMS BIG BEAR
$ 1,600,000
Est. payment | /mo

11,704 SqFt


$ 1,600,000
Est. payment | /mo

11,704 SqFt

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 11,704 sqft

Price per Sqft $136

MLS Listing ID CREV24122272

HOA Y/N No

Originating Board Datashare California Regional

Year Built 1986

Lot Size 0.835 Acres

Property Description

REMARKABLE MULTI-TENANT INVESTMENT OPPORTUNITY! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (two w/ 1600 sq. ft. and eight w/ 400 sq. ft.). Office units come complete with wet bar/kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. Many of the current rents are below current market rents. As of 7/13/24, CAP Rate is 7.30 based on actual income, less actual reoccurring expenses. Currently five vacancies equaling $2,013 P/M. (When 100% occupied, CAP rate is 8.5).

Location

State CA

County San Bernardino

Interior

Heating Natural Gas

Fireplace No

Building

Water Public

Bay East AOR and Contra Costa AOR

GET MORE INFORMATION

Vander Meulen Real Estate Group

Broker, REALTOR® | Lic# 00842213 | Lic# 02150745

+1(925) 798-4663

800 S Broadway, Walnut Creek, CA, 94596, USA

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41659 Big Bear Boulevard