Log In/Sign Up
Your email has been sent.
Thelma's Restaurant Hospitality 2 Properties Offered at $1,710,000 in Big Bear City, CA
Investment Highlights
- Highly visible location with convenient access to major transportation routes.
- Flexible interior layout offering customization options for diverse business needs.
- Proximity to vibrant retail and dining amenities that enhance workplace convenience.
- Modern architectural design that enhances curb appeal and tenant branding.
- Ample on-site parking to support employees and visitors.
- Situated in a growing commercial corridor with strong traffic patterns and accessibility.
Executive Summary
Thelma's Restaurant – Established Restaurant, Real Estate & Guest Cabin Portfolio
Rare opportunity to acquire a well-known mountain hospitality property featuring Thelma's Restaurant, the restaurant real estate, and an additional cabin on-site. This unique offering presents multiple potential income streams and flexibility for investors, owner-users, or hospitality operators seeking a destination property in a highly desirable mountain community.
The restaurant has long served locals and visitors alike, benefiting from strong visibility, established recognition, and a loyal customer base. The spacious restaurant building offers ample dining areas, commercial kitchen facilities, and operational infrastructure, creating an opportunity for continued restaurant operations or future concept redevelopment.
Included in the offering is a separate cabin, providing additional value and potential for owner occupancy, employee housing, long-term rental income, short-term rental use (subject to local regulations), or expanded hospitality operations.
The property's location benefits from year-round tourism, outdoor recreation, seasonal visitors, and local community support. Nearby attractions, mountain activities, hiking, fishing, and recreational opportunities help drive consistent traffic throughout the year.
Investment highlights:
• Established restaurant location with community recognition
• Real estate included in sale
• Separate cabin included in portfolio
• Multiple potential income streams
• Opportunity for owner-user or investor
• Strong tourism and recreation-driven market
• Potential for hospitality, lodging, dining, or mixed-use operation
• Unique mountain destination setting
• Rare portfolio acquisition opportunity
Whether continuing the existing restaurant operation, repositioning the assets, or creating an expanded hospitality concept, this portfolio offers a compelling combination of real estate, business potential, and mountain lifestyle appeal.
Buyer to independently verify all information, zoning, permitted uses, and short-term rental regulations.
Rare opportunity to acquire a well-known mountain hospitality property featuring Thelma's Restaurant, the restaurant real estate, and an additional cabin on-site. This unique offering presents multiple potential income streams and flexibility for investors, owner-users, or hospitality operators seeking a destination property in a highly desirable mountain community.
The restaurant has long served locals and visitors alike, benefiting from strong visibility, established recognition, and a loyal customer base. The spacious restaurant building offers ample dining areas, commercial kitchen facilities, and operational infrastructure, creating an opportunity for continued restaurant operations or future concept redevelopment.
Included in the offering is a separate cabin, providing additional value and potential for owner occupancy, employee housing, long-term rental income, short-term rental use (subject to local regulations), or expanded hospitality operations.
The property's location benefits from year-round tourism, outdoor recreation, seasonal visitors, and local community support. Nearby attractions, mountain activities, hiking, fishing, and recreational opportunities help drive consistent traffic throughout the year.
Investment highlights:
• Established restaurant location with community recognition
• Real estate included in sale
• Separate cabin included in portfolio
• Multiple potential income streams
• Opportunity for owner-user or investor
• Strong tourism and recreation-driven market
• Potential for hospitality, lodging, dining, or mixed-use operation
• Unique mountain destination setting
• Rare portfolio acquisition opportunity
Whether continuing the existing restaurant operation, repositioning the assets, or creating an expanded hospitality concept, this portfolio offers a compelling combination of real estate, business potential, and mountain lifestyle appeal.
Buyer to independently verify all information, zoning, permitted uses, and short-term rental regulations.
Taxes & Operating Expenses (Actual - 2025) |
Annual |
|---|---|
| Gross Rental Income |
$846,000
|
| Other Income |
$26,400
|
| Vacancy Loss |
-
|
| Effective Gross Income |
$872,400
|
| Taxes |
$21,000
|
| Operating Expenses |
$61,505
|
| Total Expenses |
$82,505
|
| Net Operating Income |
$789,895
|
Taxes & Operating Expenses (Actual - 2025)
| Gross Rental Income | |
|---|---|
| Annual | $846,000 |
| Other Income | |
|---|---|
| Annual | $26,400 |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Effective Gross Income | |
|---|---|
| Annual | $872,400 |
| Taxes | |
|---|---|
| Annual | $21,000 |
| Operating Expenses | |
|---|---|
| Annual | $61,505 |
| Total Expenses | |
|---|---|
| Annual | $82,505 |
| Net Operating Income | |
|---|---|
| Annual | $789,895 |
Property Facts
Properties
| Property Name / Address | Property Type | Size | Year Built | Individual Price |
|---|---|---|---|---|
| 337 W Big Bear Blvd, Big Bear City, CA 92314 | Retail | 2,626 SF | 1940 | $700,000 |
| 327 Country Club Blvd, Big Bear City, CA 92314 | Specialty | 720 SF | 1974 | - |
1 1
1 of 29
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
1 of 1
Contact the Sale Advisor
Thelma's Restaurant Hospitality