$145.25 Per Sq Foot $9,126 est/mo Sourced by Back At You

41659 Big Bear Boulevard,Big Bear Lake, CA 92315

Big Bear Lake CA, 92315

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Description

REMARKABLE MULTI-TENANT INVESTMENT OPPORTUNITY! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (2 @ 1600 sq. ft. and 8 @ 400 sq. ft.). office units come complete with wet bar/kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. (Many of the current rents are below current market rents). CAP Rate is 7.55% based on current income and reoccurring expenses. Currently five vacancies. ($1,915 additional income if 100% occupancy).

Details

MLS#EV24122272
Listing TypeFor Sale
StyleMixed Use
Sub-TypeResale
StatusActive
Year1986
Days On Site29
Listing Provided ByKELLER WILLIAMS BIG BEAR 909-866-4949 | MICHAEL DOLAN
Buying Commision$0

Features

SQ Feet11,704
Story(s)2
Acreage0.83

Market Activity 92315

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountySan Bernardino
CityBig Bear Lake
Zip Code92315
Area289 Big Bear Area
Listing VS Median (in 92315)
Price:
$1,700,000
low | high
Med:
$650,000
100% of Average
SqFt:
11,704
low | high
Med:
1,250
100% of Average
$ / SqFt:
$145
low | high
Med:
$520
100% of Average
On Site:
29
low | high
Med:
61.000000
47.540983606557% of Average
Sourced by Back At You
Listing Updated: July 11, 2024 at 4:57:35 PM PDT