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Cecil & Charlotte Volsch
FOR SALE
$1,650,000

41659 Big Bear Boulevard
Big Bear Lake, CA 92315

Mixed Use, Business Opportunities
Commercial
11,704
Sq. Ft.
0.8347
Acre Lot
Listing Agent: MICHAEL DOLAN CalDRE: 00752899 - KELLER WILLIAMS BIG BEAR, [email protected]
Home> California> Big Bear Lake> 92315
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).
EV24122272
Mixed Use, Business Opportunities, 2 Story
San Bernardino
1986
0.8347 Acres
Public
2
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The scores below measure the walkability of the address, access to public transit of the area and the convenience of using a bike on a scale of 1-100

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Listing Agent: MICHAEL DOLAN CalDRE: 00752899 - KELLER WILLIAMS BIG BEAR, [email protected]
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