39904 Big Bear Blvd
Big Bear Lake, CA 92315
Country Kitchen · Retail Property For Sale

COMPLETELY REBUILT 8 ROOMS LENNYS LODGE, FRANCHISED COUNTRY KITCHEN RESTAURANTS WITH 35 PLUS PARKING. INVESTMENT OPPORTUNITY! BUSINESS NOT INCLUDED! Built in 1922 & rebuilt in 2019. 15 year lease with 3 options. Owner has spent over $820K in recent remodeling. The entire interior of the property has been rebuilt from the ground up. Interior wall, floor, sprinklers, fire beams, plumbing, electrical, all lightings, stucco, interior and exterior paint and more. Property has 2 story mountain cabin building that has 6 rooms on 2nd floor and Country Kitchen Restaurant. There is 2nd building on ground level also has 2 more rooms. 5400 total useable square feet. Sale will include leases with Country Kitchen Restaurant and Lenny's Lodge. CAP RATE 5.75% to 6%. Big Bear Lake is a thriving mountain resort community located 100 miles northeast of Los Angeles and surrounded by the San Bernardino National Forest. the population in excess of 30,000 of 6 communities. The city enjoys over 300 days of sunshine each year with average summer daytime temperatures of 80 degrees. It's home to one of the nation's only alpine solar observatories. Big Bear also features a public zoo, a nine-hole golf course, seven public campgrounds, great restaurants, entertainment and lots of shopping. Big Bear's airport is open 24 hours every day and is equipped for night landings, Ski Resort is one of the busiest tourist destination.