Homes for sale - 41659 Big Bear BLVD, Big Bear Lake, CA 92315

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LaKeshia Lindsey

lakeshiasellsrealestate@gmail.com +1(619) 746-0849

$1,600,000

Est. payment - /mo

0.83 Acres Lot

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UPDATED:

12/05/2024 02:36 AM

Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

MLS Listing ID EV24122272

HOA Y/N No

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

Area 289 - Big Bear Area

Interior

Heating Natural Gas

Fireplace No

Laundry None

Exterior

Roof Type Composition

Present Use Commercial

Building

Lot Description Level

Story 2

Water Public

Others

Tax ID 0309162240000

Acceptable Financing Cash to New Loan

Listing Terms Cash to New Loan

Special Listing Condition Standard

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Listed by MICHAEL DOLAN • KELLER WILLIAMS BIG BEAR • mikedolan@bigbearproperties.com

Lakeshia's passion for real estate and her love for California are a perfect match. She has made it her mission to help local residents sell their homes quickly and at the best possible prices. Equally, she takes immense pride in assisting homebuyers in finding their perfect piece of paradise in California.

+1(619) 746-0849

lakeshiasellsrealestate@gmail.com

350 W 5th Ave, Escondido, CA, 92025, USA

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41659 Big Bear BLVD Big Bear Lake, CA 92315