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42718 Moonridge Rd 3,352 SF 100% Leased Office Building Big Bear Lake, CA 92315 $1,150,000 ($343.08/SF) 5% Cap Rate
INVESTMENT HIGHLIGHTS
- Busy corridor
- Open Plan
- On Bear Mountain Parking Lot
EXECUTIVE SUMMARY
Incredible Commercial Investment. This extraordinary building is located at the top of the commercial portion of Moonridge Rd. Directly across from the Big Bear Zoo, Golf Course and adjacent to the Bear Mountain Ski Resort parking lort. The Moonridge Corridor is the hottest up and coming area in Big Bear Lake. Beautiful building with mountain charm. Very close to Snow Summit, The Lake and The Village as well. 3,352 square feet with 12 seperate office spaces,three bathrooms, lobby, loft and conference room. Grossed close to $75,000 in rents for 2022. Vibrant, thriving area with restaurants, shopping and numerous businesses. The potential is through the roof. Lots of parking and gorgeous views of the national forest and Bear Mountain. Come and see for yourself.
PROPERTY FACTS
Sale Type
Investment
Property Type
Office
Building Size
3,352 SF
Building Class
B
Year Built
2006
Price
$1,150,000
Price Per SF
$343.08
Cap Rate
5%
NOI
$57,500
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
1,676 SF
Building FAR
0.22
Lot Size
0.35 AC
Zoning
C3 - General Office
Parking
20 Spaces (5.97 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
- Wheelchair Accessible
- Central Heating
- Air Conditioning
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PROPERTY TAXES
| Parcel Number | 2328-466-10 | Improvements Assessment | $734,400 |
| Land Assessment | $183,600 | Total Assessment | $918,000 |
PROPERTY TAXES
Parcel Number
2328-466-10
Land Assessment
$183,600
Improvements Assessment
$734,400
Total Assessment
$918,000
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42718 Moonridge Rd
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