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$1,888,000
Est. payment /mo
3,276 SqFt
UPDATED:
01/06/2025 12:09 AM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 3,276 sqft
Price per Sqft $576
MLS Listing ID CRNDP2500128
HOA Y/N No
Year Built 1935
Property Description
In 2019 everything was fully overhauled and beautifully renovated. That included structural, electrical, plumbing, walls, flooring, windows etc. even brand-new interior Fire Sprinkler system, as per current building codes. Absolute NNN Lease in place for the next 10+ years. Single Tenant pays Property Tax, All Insurance Cost, Maintenance, etc. Zero Owner Responsibility/passive Income. 5.8% CAP Rate. Buildings sit on over 1/2 acre and there are plenty of parking spots (approx.30) Fantastic Visibility and very easy access because the property is located directly on the Main Road (HWY 18 / Big Bear Blvd.) Close to All attractions! Walking distance and view of Big Bear Lake. Great Investment opportunity in this Southern California Darling Vacation Spot: "Big Bear Lake Winter and Summer Vacation Destination" Fully running Restaurant (famous USA Country Kitchen Franchise) with over 20 dining tables, big Kitchen, cellar for cooler and storage, and Mini Hotel with a total of 8 Guest rooms and 10 Bath rooms total. Most visited Ski Location in Southern California. Big Bear has approx. 3M+ annual visitors and approximately $30M are spent annually on Food and Beverages. Approx. $450M annually spent on general tourism and lodging on this famous S. California Tourist Destination.
Location
State CA
County San Bernardino
Area Listing
Zoning C
Interior
Fireplace No
Building
New Construction No
Others
Tax ID 0307192340000
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Listed by Sachi Plummer • Real Estate eBroker