MOUNTAIN SQUARE - BIG BEAR LAKE 1.7AC PRIME INCOME+LAND CORNER PROPERTY

41656 Big Bear Boulevard Big Bear Lake, CA 92315

41656 Big Bear Boulevard, Big Bear Lake, CA, 92315
POSITIONED NEAR LAKE & SLOPES WITH OVER 330FT HWY FRONTAGE
41656 Big Bear Boulevard, Big Bear Lake, CA, 92315
FOR SALE
Property Type:
Mixed Use
Amount:
$3,200,000
Last Verified:
May 13, 2022

Prime mixed-use income property on corner 1.7 acres in Southern California's premiere four-season mountain resort destination of beautiful Big Bear Lake.​ High visibility.​ Over 330ft of HWY18 frontage on busy thoroughfare between big-box stores and the Village, blocks from Snow Summit and lake.​ Use is office, retail, residential, storage/parking.​ Multiple revenue streams.​ +/-4,000sf office building fully leased with medical practice on level 1 and five offices upstairs.​ Attached 4,688sf retail space, comprised of four connected buildings, leased to long-term tenant.​ 3,660sf well-maintained, classic retro mountain residence with 240sf separate manager's office are vacant.​ 1,100sf steel frame garage with two +/-12ft rolling doors and 500sf shed offer storage plus RV parking potential cash flow when converted to commercial use.​ Corner parcel is minimally improved with auto repair tenant in the front 1,600sf and 800sf bldgs, unimproved land in NE corner.​ Additional 7,095sf paved parking lot located across the street in rear included.​ Property presents investor opportunity to bring rents to market rate and develop land for high ROI.​ C-2 zoning allows for a wide variety of uses.​ Inquire for Financials, Site Plans, etc.​ Buyer to verify all aspects of property.​

Map of 41656 Big Bear Boulevard, Big Bear Lake, CA, 92315

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.