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31956 Hilltop Blvd 2,458 SF 100% Leased Retail Building Running Springs, CA 92382 $559,000 ($227.42/SF) 9.87% Cap Rate
Investment Highlights
- In close proximity to route 330
Executive Summary
Rare opportunity to acquire a fully renovated commercial property with stable rental income in a highly visible mountain resort location. Situated near the junction of Highways 18 and 330, this unique property serves both local residents and the year-round tourist traffic traveling to and from Big Bear Lake and nearby ski resorts.
The building was extensively rebuilt and renovated in 2018 and offers approximately 2,458 square feet of commercial space on a 3,861 square-foot lot. The property features three levels, including a fully equipped restaurant on the main level, a private office on the upper floor, and substantial storage and utility areas on the lower level.
The main level includes indoor dining, upgraded restrooms, commercial kitchen facilities, food display areas, and access to a beautifully constructed outdoor courtyard designed for events, entertainment, and additional guest seating. The courtyard accommodates approximately 100 guests and includes gazebo, open gathering space, a performance area, and outdoor dining facilities.
The upper level features a private office, staff lounge, and bathroom. The lower level offers multiple storage rooms, staff break areas, laundry facilities, and additional restroom facilities.
Investment Highlights:
- Existing long-term restaurant tenant in place
- Tenant has a history of paying rent on time
- Approximately one year remaining on the current lease term
- Tenant is interested in continuing occupancy under new ownership
- Opportunity for future owner-user occupancy, lease extension, or repositioning of the property
- Excellent visibility and traffic from both local residents and visitors
- Strong seasonal demand driven by nearby ski resorts and year-round mountain tourism
The property has been held off the market in prior years due to the tenant’s lease commitment. Now, with approximately one year remaining on the lease, the owner has decided to make this investment opportunity available again.
Whether you are seeking a stable income-producing asset, a future owner-user opportunity, or a mountain commercial property with significant upside potential, this offering presents exceptional value in a desirable Southern California resort market.
Contact listing agent for lease details, financial information, and seller financing terms.
Diana at 818-877-9909 or 951-313-8818 dlsunny@gmail.com.
Property Facts
Amenities
- Atrium
- Bus Line
- Courtyard
- Freeway Visibility
- Restaurant
- Signage
- Accent Lighting
- Storage Space
- Monument Signage
- Air Conditioning
- Balcony
About 31956 HILLTOP BLVD , RUNNING SPRINGS, CA 92382
Former small building that was high upgraded into the restaurant, live music center and local favorite you see today. This beautiful, fairytale-like property is at the junction of national highways 330 and 18. Beautiful natural forest scenery, clean, crisp mountain air, and a safe, vibrant neighborhood surround this charming hilltop escape. This interior was completely rebuilt and renovated in 2018. This preeminent mountain location draws both surrounding residents and a steady stream of tourists nightly. It is popular with locals, who see it as a neighborhood staple for entertainment, and visitors, who come to enjoy the food and music while on a forest holiday. Especially popular in the winter ski season. Guests come here to enjoy the fabulous nearby skiing. It is located only four miles from Snow Valley, the oldest continually operating ski resort in Southern California, and a short distance from numerous other mountain ski resorts. All year round, this restaurant has a loyal, reliable, and consistent customer base. This 2,458 square-foot commercial building on a 3861 square-foot lot property has three floors, including the middle and main floor consisting of the main restaurant, kitchen, and outer courtyard. The main restaurant area has: 50 interior seats, 9 cabinet counters of hot food, a glass display refrigerator for cold drinks, refrigerated display cabinets for baked goods and beverages, and 2 upgraded restrooms. Connected to the main restaurant is the newly built and beautiful courtyard, which has: Enough space for 100 people, one Western-style gazebos, an ample middle open space, a music performance area, BBQ pit, comfortable tables, benches, & chairs. The upper floor is an air-conditioned office with a staff lounge and a bathroom. Access is convenient from the rear of the kitchen and back patio. The lower level is a large area that includes multiple storage rooms for cooking material, packaging material, wine, etc. The lower floor also has two staff lounges, a laundry room, and another bathroom. Access is convenient from the rear patio and parking area. The kitchen has a complete set of the latest equipment stove, oven, operation table, two sets of washing stations, freezing, refrigerating cabinets, and warming cabinets. The newly built walk-in refrigerator ensures that there is enough space to maintain the freshness and taste of the ingredients and beer. This property has renovated restaurant facilities, a market with almost no competitors, great growth potential, and an established loyal customer base that is already satisfied with the menu and services. The winter ski season is hectic, and the restaurant serves huge numbers of lunch boxes daily to Snow Valley. All year round, this attractive restaurant has a loyal, reliable, & consistent customer base. 70% of guests are locals and weekly regulars. 30% are vacation visitors. Currently the restaurant is opening with good profit. The restaurant owner needs to be retired due to the personal issue, he will transfer the business to the buyer, or the buyer can start their new business with all the equipment in place. The steady customers are visiting the restaurant periodically, plus the visitors made the restaurant is very busy every day. Call, text, or email to Diana at 818-877-9909 or 951-313-8818, dlsunny@gmail.co
Nearby Major Retailers
Property Taxes
| Parcel Number | 0295-142-16 | Improvements Assessment | $229,842 |
| Land Assessment | $79,648 | Total Assessment | $309,490 |
Property Taxes
Contact the Sale Advisor
31956 Hilltop Blvd