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Listed by Giorgio Touma • MGR REAL ESTATE, INC.
$ 1,350,000
Est. payment /mo
Active
Big Bear Lake, CA 92315
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-25185485
Year Built 1966
Property Sub-Type Mixed Use
Property Description
Video Tour: https://youtu.be/v2VSJEeYlyE?si=szol10ughG2tlTcS Fully Leased Village Investment with Entitled Expansion to Double Income
40645 Village Drive presents a rare opportunity to own a turnkey, income-producing property in the heart of Big Bear Lake's bustling Village district—with shovel-ready plans to double its earning power.
The ±3,190 SF mixed-use building is fully leased, featuring a popular ground-floor delicatessen that attracts steady local and tourist traffic, and a well-appointed two-bedroom, two-bath residential unit upstairs.
Included is an adjacent, fully entitled vacant lot with approved building plans for a second structure mirroring the original—complete with ground-floor retail space and two upper-level, two-bedroom apartments. Once built, the new structure is projected to nearly double the property's rental income, creating significant upside for investors.
Located directly on the Village's main commercial corridor, the property offers exceptional visibility and year-round foot traffic, surrounded by boutique shops, restaurants, lodging, and recreational amenities. This is a chance to secure a prime, high-performing asset in one of Southern California's most desirable resort markets—with expansion potential already in place.
40645 Village Drive presents a rare opportunity to own a turnkey, income-producing property in the heart of Big Bear Lake's bustling Village district—with shovel-ready plans to double its earning power.
The ±3,190 SF mixed-use building is fully leased, featuring a popular ground-floor delicatessen that attracts steady local and tourist traffic, and a well-appointed two-bedroom, two-bath residential unit upstairs.
Included is an adjacent, fully entitled vacant lot with approved building plans for a second structure mirroring the original—complete with ground-floor retail space and two upper-level, two-bedroom apartments. Once built, the new structure is projected to nearly double the property's rental income, creating significant upside for investors.
Located directly on the Village's main commercial corridor, the property offers exceptional visibility and year-round foot traffic, surrounded by boutique shops, restaurants, lodging, and recreational amenities. This is a chance to secure a prime, high-performing asset in one of Southern California's most desirable resort markets—with expansion potential already in place.
Location
State CA
County San Bernardino
Area Big Bear Area
Interior
Heating Central
Laundry None
Building
Lot Description 0-1 Unit/Acre
Nicole Van Parys & Gary Nesen
License Partners, Private Office Advisors | License ID: 01108944