40105 Big Bear Blvd - Hospitality FOR SALE


Big Bear Lake, CA 92315
$1,600,000 USD
951-818-2502
40105 Big Bear Blvd, Big Bear Lake, CA for Sale
$1,600,000 USD
Hospitality - FOR SALE
1/38
null | 8% Cap Rate

40105 Big Bear Blvd
Big Bear Lake, CA 92315


OVERVIEW

Do not miss out on this rare commercial lodging investment property Situated near the heart of Big Bear Lake. Known as the Fox N Bear Cottages, it boasts a 18,846 sq ft lot with 9 recently upgraded units that are fully furnished and include kitchens, bathrooms, AC & Heating with some units having a cozy fireplace for those cold winter nights! and a heated driveway for those snowy days. Its prime location is minutes from Big Bear Lake, The Village, ski slopes and shopping! This Great Property will not last long with the ski resorts opening up and lots of people looking for affordable lodging close to everything they love about Big Bear Lake, Ca This Property is zoned R1 and C3 which has potential for short and long term rentals.

FOR SALE DETAILS

PRICE

$1,600,000 USD

PRICE/SF

$474 USD /SF

# OF ROOMS

8

PRICE/ROOM

$200,000 {currency}

CAP RATE

8%

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Fox n Bear Cottages

PROPERTY TYPE

Hospitality

TOTAL BUILDING SIZE

-

STORIES

2

ROOM ENTRANCE

Exterior

BUILDING CLASS

C

YEAR BUILT

1950

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,248 SF

ZONING

R1 & C3

APN/PARCEL ID

0307-197-06,0307-197-07

ASK ABOUT THIS PROPERTY

Michael KreuzRE/MAXMore Info
951-818-2502

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Michael KreuzRE/MAXMore Info
951-818-2502

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