39372 Big Bear Blvd - Hospitality FOR SALE


Big Bear Lake, CA 92315
$5,950,000 USD
949-301-8888
39372 Big Bear Blvd, Big Bear Lake, CA for Sale
$5,950,000 USD
Hospitality - FOR SALE
1/47
null | Request Cap Rate

39372 Big Bear Blvd
Big Bear Lake, CA 92315


OVERVIEW

• 39338, 39346, 39372, 39390 Big Bear Lake Blvd • 39357 and 39371 Willow Landing • Big Bear Lake, CA 92315 • 19-unit lodging facility • - Situated on the north side of Big Bear Lake Boulevard and Willow Landing • - Consists of eight contiguous parcels • - Irregular shaped site with 121,093 S F (2.78 acres) • - Frontage: 400 feet along Big Bear Lake Boulevard, approximately 200 feet along Willow Landing • - Terrain: Generally level and at street grade • - Zoned R-3 by the City of Big Bear Lake • - Permitted uses include various residential uses; lodging facilities allowed with a CUP • - Subject property has a CUP on file • - Parking requirements: 1 space per guest room, 2 spaces per resident manager unit, 1 space for every 20 guest rooms • - Property observed to have 26 onsite parking spaces, exceeding required 22 spaces •-Commercial and Residential Mixed-use •-36 Condos could be built per city planning (Please verify with city) The subject property is a lodging property located at 39338 , 39346, 39372, and 39390 Big Bear Lake Boulevard and 39357 and 39371 Willow Landing in Big Bear Lake, California. The 121 ,093- SF site spans an entire block between Big Bear Lake Boulevard and Willow Landing. The 1 9-unit lodging facility is comprised of a total of 19 structures with a total building area of 14,557 S F. There are 16 lodging buildings, 2 storage buildings, and an office building with a 2-bedroom manager’s unit. The facility is at stabilized operation.

FOR SALE DETAILS

PRICE

$5,950,000 USD

PRICE/SF

$419 USD /SF

# OF ROOMS

19

PRICE/ROOM

$313,158 {currency}

CAP RATE

Request Cap Rate

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Grey Squirrel Resort

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

1

ROOM ENTRANCE

Exterior

BUILDING CLASS

B

YEAR BUILT

1950

PARKING SPACES

14

LAND DETAILS

LAND ACRES

3 AC

LAND SF

130,680 SF

ZONING

C-3

APN/PARCEL ID

0306-144-14,0306-144-15,0306-151-09,0306-151-10,0306-151-12,0306-151-13,0306-151-23,0306-151-24

ASK ABOUT THIS PROPERTY

Anita LeeSignature One Realty Group, IncMore Info
949-301-8888

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Anita LeeSignature One Realty Group, IncMore Info
949-301-8888

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.