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Value Add Development Opportunity 41656 Big Bear Blvd 16,578 SF 96% Leased Retail Building Big Bear Lake, CA 92315 $4,078,375 CAD ($246.01 CAD/SF)
INVESTMENT HIGHLIGHTS
- Four-Parcel Mixed-Use Property – ±15,210 SF of improvements on ±1.71 AC including retail/office, auto service, residential, storage, and parking.
- Value-Add Opportunity – Below-market rents, existing vacancies, and re-tenanting/redevelopment potential.
- High-Volume Tourism – Big Bear Lake draws ±3M visitors annually; Snow Summit Ski Resort directly across the street sees 800,000+ annual visitors.
- Prime Corner Location – Over 300’ of frontage along CA-18 (Big Bear Blvd) with ±28,992 vehicles per day.
- Development Flexibility – Well-suited for QSR drive-thru, gas station/convenience, car wash, or expanded automotive service uses.
- Robust Consumer Spending – $85M+ annual spending within 3 miles, including $23.2M on food & alcohol and $21.8M on transportation/auto-related purchase
EXECUTIVE SUMMARY
41656–41688 Big Bear Blvd offers a rare mixed-use investment opportunity in the heart of Big Bear Lake, California—Southern California’s premier mountain resort destination. Spanning four contiguous parcels totaling ±1.71 acres with ±15,210 SF of improvements, the property features a diverse mix of uses including a multi-tenant retail/office building, two auto service buildings, a maintenance garage, a single-family residence, and ±19,300 SF of outdoor storage/parking.
Situated on a high-visibility corner lot with over 300 feet of frontage along CA-18 (Big Bear Blvd)—the city’s main thoroughfare with ±28,992 vehicles per day—the property benefits from steady year-round traffic and a robust tourism-driven economy. Big Bear Lake attracts nearly 3 million visitors annually, with weekend surges ranging from 40,000 to 100,000 people, drawn by its four-season outdoor recreation including skiing, snowboarding, hiking, mountain biking, fishing, and water sports. The property is positioned directly across from the Snow Summit Ski Resort entrance, which alone sees over 800,000 annual visitors.
Within a three-mile radius, residents and visitors generate over $85 million in annual consumer spending, with notable categories including $23.2M on food and alcohol, $21.8M on transportation and auto-related expenses, and $13M on entertainment and hobbies. The trade area’s strong spending power is supported by a mix of year-round residents, second-home owners, and tourists, with the broader Inland Empire region boasting a median household income of $81,000.
With below-market rents, multiple vacancies, and a large developable footprint, the property presents significant value-add potential through lease-up, rent adjustments, and repositioning. Zoning and location also allow for potential redevelopment into high-demand uses such as quick-service restaurants with drive-thru, gas station/convenience, car wash, or expanded automotive services.
Situated on a high-visibility corner lot with over 300 feet of frontage along CA-18 (Big Bear Blvd)—the city’s main thoroughfare with ±28,992 vehicles per day—the property benefits from steady year-round traffic and a robust tourism-driven economy. Big Bear Lake attracts nearly 3 million visitors annually, with weekend surges ranging from 40,000 to 100,000 people, drawn by its four-season outdoor recreation including skiing, snowboarding, hiking, mountain biking, fishing, and water sports. The property is positioned directly across from the Snow Summit Ski Resort entrance, which alone sees over 800,000 annual visitors.
Within a three-mile radius, residents and visitors generate over $85 million in annual consumer spending, with notable categories including $23.2M on food and alcohol, $21.8M on transportation and auto-related expenses, and $13M on entertainment and hobbies. The trade area’s strong spending power is supported by a mix of year-round residents, second-home owners, and tourists, with the broader Inland Empire region boasting a median household income of $81,000.
With below-market rents, multiple vacancies, and a large developable footprint, the property presents significant value-add potential through lease-up, rent adjustments, and repositioning. Zoning and location also allow for potential redevelopment into high-demand uses such as quick-service restaurants with drive-thru, gas station/convenience, car wash, or expanded automotive services.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Building Size
16,578 SF
Year Built/Renovated
1959/2000
Price
$4,078,375 CAD
Price Per SF
$246.01 CAD
Percent Leased
96%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.22
Lot Size
1.71 AC
Zoning
C-2 Commercial General - Commercial General C-2 allows for a wide variety of uses.
Parking
30 Spaces (1.81 Spaces per 1,000 SF Leased)
Frontage
336’ on HYW 18 - Big Bear Blvd
AMENITIES
- Corner Lot
- Freeway Visibility
- Signage
- Drive Thru
- Storage Space
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $556,351 CAD | |
| Land Assessment | $322,911 CAD | Total Assessment | $879,262 CAD |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$322,911 CAD
Improvements Assessment
$556,351 CAD
Total Assessment
$879,262 CAD
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Value Add Development Opportunity | 41656 Big Bear Blvd
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