Share This Listing

Message

940 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Investment Highlights

  • Two adjacent commercial parcels with a total of 33 units, including retail, residential, and storage spaces.
  • Large parking lot with capacity for 40+ vehicles, plus dedicated snow equipment parking.
  • Ground-floor restaurant tenant and multiple long-term occupants provide stable income.
  • Prominent frontage and shared marquee signage along Big Bear Boulevard for maximum visibility.
  • Recent upgrades include a new roof within the last 3–4 years and a newly completed picnic area.
  • Each unit features individual heating and air conditioning for tenant comfort and efficiency.

Executive Summary

Significant price reduction creates an outstanding opportunity to acquire two adjacent commercial properties in the heart of Big Bear. Together, these assets feature 33 total units across two parcels, offering a mix of retail, residential, and storage components with strong income potential.
The first property, located at 42001 Big Bear Blvd, is a two-story building totaling approximately 4,896 square feet on a 15,867-square-foot lot. It includes eight units, 19 storage spaces, dedicated parking for snow removal equipment, and a recently added picnic area. Each unit is individually equipped with heating and air conditioning.
The second property, at 42011 Big Bear Blvd, spans approximately 5,042 square feet on a 15,596-square-foot lot. The ground floor is occupied by a restaurant tenant, while the upper level offers six additional units. Both properties share a prominent marquee sign along Big Bear Boulevard, ensuring excellent visibility. The roof was replaced within the last 3–4 years, and the combined site provides a large parking lot accommodating 40 or more vehicles. Long-term tenants and recent improvements make this a compelling investment in a high-demand location.

Financial Summary (Actual - 2024)

Annual (CAD) Annual Per SF (CAD)
Gross Rental Income $196,325 $19.75
Other Income - -
Vacancy Loss - -
Effective Gross Income $196,325 $19.75
Taxes - -
Operating Expenses - -
Total Expenses $40,848 $4.11
Net Operating Income $155,476 $15.64

Financial Summary (Actual - 2024)

Gross Rental Income (CAD)
Annual $196,325
Annual Per SF $19.75
Other Income (CAD)
Annual -
Annual Per SF -
Vacancy Loss (CAD)
Annual -
Annual Per SF -
Effective Gross Income (CAD)
Annual $196,325
Annual Per SF $19.75
Taxes (CAD)
Annual -
Annual Per SF -
Operating Expenses (CAD)
Annual -
Annual Per SF -
Total Expenses (CAD)
Annual $40,848
Annual Per SF $4.11
Net Operating Income (CAD)
Annual $155,476
Annual Per SF $15.64

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
9,938 SF
Building Class
C
Year Built
1989
Price
$2,728,589 CAD
Price Per SF
$274.56 CAD
Cap Rate
5.70%
NOI
$155,479 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.32
Lot Size
0.72 AC
Zoning
C2 - Commercial
Parking
40 Spaces (4.02 Spaces per 1,000 SF Leased)
Frontage
6,377’ on Big Bear Blvd

Amenities

  • Corner Lot
  • Courtyard
  • Restaurant
  • Storage Space
  • Monument Signage
  • Balcony

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • 1
  • -
  • -
  • -
  • -
  • 2
  • -
  • -
  • -
  • -
  • 3
  • -
  • -
  • -
  • -
  • 4
  • -
  • -
  • -
  • -
  • 5
  • -
  • -
  • -
  • -
  • 6
  • -
  • -
  • -
  • -
  • 7
  • -
  • -
  • -
  • -
  • 8
  • -
  • -
  • -
  • -
  • A
  • -
  • -
  • -
  • -
  • B,C,D.E + 20 Storage Units
  • -
  • -
  • -
  • -
Tenant Industry SF Occupied Rent/SF Lease End
1 - - - -
2 - - - -
3 - - - -
4 - - - -
5 - - - -
6 - - - -
7 - - - -
8 - - - -
A - - - -
B,C,D.E + 20 Storage Units - - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100

Nearby Major Retailers

Grocery Outlet
Applebee's
IHOP
Starbucks
Vons
Stater Bros. Markets
HomeStreet Bank
U.S. Bank

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 2328-122-01
  • 2328-132-05
Land Assessment
$372,500 CAD (2025)
Improvements Assessment
$1,981,701 CAD (2025)
Total Assessment
$2,354,201 CAD (2025)
  • Listing ID: 34555669

  • Date on Market: 2025-01-21

  • Last Updated:

  • Address: 42011 Big Bear Blvd, Big Bear Lake, CA 92315

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}