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Big Bear Lake Commercial Building 40585 Big Bear Blvd 3,150 SF 100% Leased Office Building Big Bear Lake, CA 92315 $1,134,260 CAD ($360.08 CAD/SF) 2.75% Cap Rate
Executive Summary
This commercial property is situated on the busiest road in SoCals busiest tourist destination. Across the street from the lake and two blocks away from the Big bear Village. 4 units all currently rented. Large 23,200n square foot lot. Currently zoned commercial village retail. 3 630 square foot units and one 1,260 square foot unit. All in good condition. All units have air conditioning. Current rents are below market value. Leases will be month to month after November. All tenants would like to stay. Building is in good condition. Great opportunity.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
3,150 SF
Year Built
1978
Price
$1,134,260 CAD
Price Per SF
$360.08 CAD
Cap Rate
2.75%
NOI
$31,231 CAD
Percent Leased
100%
Building Height
1 Story
Typical Floor Size
3,150 SF
Zoning
Village Specific
1 1
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
40/100
Property Taxes
| Parcel Number | 0308-144-20 | Improvements Assessment | $615,397 CAD |
| Land Assessment | $144,799 CAD | Total Assessment | $760,196 CAD |
Property Taxes
Parcel Number
0308-144-20
Land Assessment
$144,799 CAD
Improvements Assessment
$615,397 CAD
Total Assessment
$760,196 CAD
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Big Bear Lake Commercial Building | 40585 Big Bear Blvd
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