42112 Big Bear BlvdBig Bear Lake, CA 92315

Property Details for 42112 Big Bear Blvd

Year built

1963

Construction

WOOD

Lot size

0.94 AC

Property size (Sq ft)

1,248 SF

Property type

Office properties

Property subtype

Other office properties

APN

2328-111-06-0000

APU

2328111060000

Description

This prime Big Bear Lake commercial property offers three buildings totaling 2,214 square feet on a spacious 40,788 square foot lot. Zoned C-2 Commercial General, it features a versatile 1,248 square foot log office building, currently used as a retail firewood business (business not included in sale). The main building, renovated in 2007, includes a reception area, two offices, a bathroom, and a kitchen. A warehouse/garage with dedicated workstations and multiple storage sheds provides ample space. The property benefits from a high-traffic location near Tractor Supply, Marshalls, and Grocery Outlet. Built in 1963, this single-story property presents a unique opportunity for owner-users seeking a versatile space in a thriving community. The updated roof, plumbing, and electrical systems (2007) ensure efficient operation. This is an exceptional investment opportunity for those seeking a well-located, adaptable commercial space in Big Bear Lake, California. The asking price is $2,000,000.

• CAP approach

  CAP return

  Valuation

  6%

  $291,104

  6.5%

  $268,712

  7%

  $249,518

• Comparable approach

  Method

  Valuation

  Relative Method

  $194,958

  Geo Method

  $394,262

• Alternative Use

  Use

  Valuation

  Residential

  $333,203

  Hospitality

  $305,212

  Educational

  $253,933

  Medical

  $262,666

  Retail

  $395,006

Location Insight

City

Big Bear Lake

County

San Bernardino

State

California

Latitude

34.2465

Longitude

-116.883

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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