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$1,475,800
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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).
Full Property Details
Full Property Details for 41659 Big Bear Blvd
General
- Sold For: $1,475,800
- Status: Closed
- Type: Commercial
- Source: 833
- MLS ID: 32404019
- Added to Site: 660 day(s) ago
Rental Information
- Lease/Rent Term: Month To Month
- Lease Info: Escalation Clause
Additional Information
- Security/Safety: Closed Circuit Camera(s)
Exterior
- Exterior Features: Blacktop Driveway, Concrete Driveway, Fence, Sprinkler/Irrigation, Landscaping, Paved Driveway
Parking
- Parking Features: Parking Space(s)
Location
- Area: Big Bear Lake East
- County: San Bernardino
- Cross Streets: Thrush
Community
- Community Name: Big Bear Lake East
Heating & Cooling
- Air Conditioning: Yes
- Cooling Type: Wall/Window Unit(s)
- Heating Type: Forced Air, Natural Gas, Wall Furnace
Utilities
- Sewer: Connected
- Water: Public
- Cable Available: Yes
- Utility Description: Cable Available, Electricity Connected, Natural Gas Connected, Separate Meters
Structural Information
- Detached/Attached: Detached
- Roof: Composition
- Windows: Double Pane Windows
- Stories/Levels: 1
- Square Feet: 11,704
- Year Built: 1986
- Property Condition: Resale
Lot Features
- Lot Size (Sq. Ft.): 36,358
- Lot Size: 36358
- Lot Dimensions: 151 x 330
- Frontage: Highway, Paved
- Topography: Level
- Lot Features: Level, Sprinklers Partial
- Zoning: General Commercial
- Fencing (Description): Partial
Financial Considerations
- Operating Expenses: $39,358
- Owner Pays: Sewer, Water
- Tenant Pays: Cable TV, Electricity, Gas, Snow Removal, Trash Collection
Disclosures and Reports
- Property ID: 0309-162-24-0000
Listed and Sold by Keller Williams Big Bear, Mike Dolan
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Schools
Schools serving 41659 Big Bear Blvd
School District:Bear Valley Unified School District
| Name | Grades | Distance |
|---|---|---|
North Shore Elementary School 765 N. Stanfield Cutoff, Big Bear Lake, CA 92315 | K-5 | 1.4 mi |
Big Bear Middle School 41275 Big Bear Boulevard, Big Bear Lake, CA 92315 | 6-8 | 0.5 mi |
Big Bear High School 351 Maple Ln., Big Bear, CA 92314 | 9-12 | 3.9 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 41659 Big Bear Blvd
Date
Details
Price
Change
Source
2/14/2025
Sold
$1,475,800
-7.76%
MLS
10/07/2024
Price Reduced
$1,600,000
-3.03%
MLS
7/13/2024
Price Reduced
$1,650,000
-2.94%
MLS
6/13/2024
Listed
$1,700,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
41659 Big Bear Boulevard, Big Bear Lake, CA 92315 (MLS# 32404019) is a Commercial property that was sold at $1,475,800 on February 14, 2025. Want to learn more about 41659 Big Bear Boulevard? Do you have questions about finding other Commercial real estate for sale in Big Bear Lake? You can browse all Big Bear Lake real estate or contact a Coldwell Banker agent to request more information.

