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40645 Village Dr 3,190 SF 100% Leased Retail Building Big Bear Lake, CA 92315 $1,395,000 ($437.30/SF)
Investment Highlights
- Fully entitled lot has approved plans for a second mixed-use building.
- The property is zoned Village Specific Plan.
- Ground-floor restaurant with cooking hood, two bathrooms, and restaurant-specific infrastructure.
- Phase I lot improvements (city sidewalk, parking, trash) are completed with building permit numbers issued.
- Positioned directly along the main commercial corridor offering exceptional visibility.
Executive Summary
This is a rare opportunity to acquire a stabilized, income-producing property with shovel-ready expansion potential in one of Southern California's most sought-after mountain resort markets.
Property Facts
Sale Type
Investment
Sale Condition
Build to Suit
Property Type
Retail
Property Subtype
Building Size
3,190 SF
Building Class
B
Year Built
1966
Price
$1,395,000
Price Per SF
$437.30
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.34
Lot Size
0.21 AC
Zoning
VSP - Commercial
Parking
10 Spaces (3.13 Spaces per 1,000 SF Leased)
Frontage
108’ on Village Dr
Amenities
- Corner Lot
- Restaurant
- Signage
- Balcony
Somewhat walkable
30/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 0308-137-13 | Improvements Assessment | $454,533 |
| Land Assessment | $306,813 | Total Assessment | $761,346 |
Property Taxes
Parcel Number
0308-137-13
Land Assessment
$306,813
Improvements Assessment
$454,533
Total Assessment
$761,346
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Contact the Sale Advisor
40645 Village Dr