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41659 Big Bear Boulevard
Big Bear Lake CA 92315 US

$1,600,000

Active Listing ID EV24122272
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$1,600,000

Active Listing ID EV24122272
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41659 Big Bear Boulevard 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).

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 1600000
  • unparsedaddress: 41659 Big Bear Boulevard
  • postalcity: Big Bear Lake
  • stateorprovince: CA
  • country: US
  • postalcode: 92315
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 11704
  • livingareaunits: Square Feet
  • latitude: 34.243007
  • longitude: -116.89327
  • listagentfullname: MICHAEL DOLAN
  • listagentemail: mikedolan@bigbearproperties.com
  • listagentkey: 3yd-MRMLSCA-EDOLAMIC
  • listagentmlsid: EDOLAMIC
  • listagentpreferredphone: 5625779958
  • listagentofficephone: 9098664949
  • listofficekey: 3yd-MRMLSCA-E1889
  • listagentstatelicense: 00752899
  • listofficemlsid: E1889
  • disclaimer: Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • yearbuilt: 1986
  • listingcontractdate: 2024-06-14
  • listagenturl: https://kwbbla.com/
  • countyorparish: San Bernardino
  • parcelnumber: 0309162240000
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • franchiseaffiliation: Keller Williams Realty
  • architecturalstyle: Other
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • location: -116.89327, 34.243008
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Keller Williams Big Bear Lake Arrowhead", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"mikedolan@bigbearproperties.com", "ListBrokerageCity":"Big Bear Lake", "ListBrokerageCountry":"US", "ListBrokerageEmail":"kwbigbear@gmail.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Keller Williams Big Bear Lake Arrowhead", "ListBrokeragePhone":"(562) 577-9958", "ListBrokeragePostalCode":"92315", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":null, "ListBrokerageUnparsedAddress":"P.O. Box 2845", "ListBrokerageWebsiteUrl":"https://kwbbla.com/", "ListOfficeAddress1":"42149 BIG BEAR BLVD", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PBROWJEN", "ListOfficeCity":"BIG BEAR LAKE", "ListOfficeCountry":"US", "ListOfficeEmail":"jbrownkw@kw.com", "ListOfficePostalCode":"92315", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Commercial Sale - Big Bear Lake, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/EV24122272/?channel=rexren", "MLSModificationTimestamp":"2024-06-14T16:16:27Z", "Neighborhoods":[], "PostalCode":null, "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 11/8/2024 8:56:09 AM GMT
Source Updated Date: 11/24/2024 6:57:30 AM GMT

Courtesy of: MICHAEL DOLAN, KELLER WILLIAMS BIG BEAR, mikedolan@bigbearproperties.com

Copyright © 2024 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.