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$ 1,350,000
Est. payment | /mo
9,247 Sqft Lot
$ 1,350,000
Est. payment | /mo
9,247 Sqft Lot
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV25185485
HOA Y/N No
Year Built 1966
Lot Size 9,247 Sqft
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 289 - Big Bear Area
Interior
Heating Central
Fireplace No
Laundry None
Building
Lot Description 0-1 Unit/Acre
Story 2
Others
Tax ID 0308137130000
Special Listing Condition Standard
Listed by Giorgio Touma MGR REAL ESTATE, INC. 626-806-3341