40277 Big Bear Blvd, Big Bear Lake, CA 92315
5,200 SF | Retail Building | Big Bear Lake, CA 92315 | $895,000 ($172/SF) | 3.80% Cap Rate
For Sale
Active
- Date Added:
- September 16, 2024
- Days on Market:
- 27 days
Asking Price $895,000
- Sale Condition
- Redevelopment Project
- Property Type
-
Retail
- Square Feet
- 5,200 SF
- Price / Square Foot
- $172
Listing Contacts
David Kruk
Property Overview
HARD MONEY LENDER OWNED/FORECLOSURE. Looking to move this lot quickly. There are 3 structures:
-Commercial Building, (40277 Big Bear Blvd) Tennant Occupied, great condition (Bike and gear rental shop). Roughly 1,500 sqft. Rental income $1,100/month on a month-to-month
-Residential House, 2 bed 1 bath, (40270 Mill Creek Rd) Tennant Occupied, great condition. Roughly 1,000 sqft. Rental income $1,650/month on a month-to-month (freshly painted).
-Commercial Building, in poor condition, likely a complete tear down.
-11,000 sqft of undeveloped land, not including the tear down.
Right on the main road and next to the Alpine Slide resort. Brand new condos built across the street. Incredible development opportunity.
*If doing a drive-by, please do not disturb tenants.
-Commercial Building, (40277 Big Bear Blvd) Tennant Occupied, great condition (Bike and gear rental shop). Roughly 1,500 sqft. Rental income $1,100/month on a month-to-month
-Residential House, 2 bed 1 bath, (40270 Mill Creek Rd) Tennant Occupied, great condition. Roughly 1,000 sqft. Rental income $1,650/month on a month-to-month (freshly painted).
-Commercial Building, in poor condition, likely a complete tear down.
-11,000 sqft of undeveloped land, not including the tear down.
Right on the main road and next to the Alpine Slide resort. Brand new condos built across the street. Incredible development opportunity.
*If doing a drive-by, please do not disturb tenants.
Property Details
- Class
- C
- Year Built
- 1946
- Stories
- 1
- Property Subtype
- Storefront Retail/Residential
- Lot Size (sq. ft)
- 25,265 SF
Nearby Properties
Similar Properties
FAQ
- How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
- Please email our support team at [email protected] and they will add the team member.
- How do I access a private listing?
- Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
- How can I contact the broker
- We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
- What is the difference between Tier 1 & Tier 2 in the Due Diligence Vault?
- Documents that are placed in a Tier-1 Due Diligence vault require the execution of a Confidentiality Agreement (“CA”) for access. Documents and folders placed in the Tier-2 vault are intended to have an added layer of security and require the execution of a CA in addition to required Broker approval for access.
- How do I unsubscribe from emails?
- At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].