39904 Big Bear Boulevard
Big Bear, CA 92315
Active for $1,888,000
Beds: N/A Baths: Structure Size: N/A sqft Lot Size: N/A sqft
MLS | NDP2500128 |
Year Built | 1935 |
Property Type | Hotel/Motel |
County | San Bernardino |
Status | Active |
Active | $1,888,000 |
Structure Size | N/A sqft |
Lot Size | N/A sqft |
Beds | N/A |
Baths |
Description
In 2019 everything was fully overhauled and beautifully renovated. That included structural, electrical, plumbing, walls, flooring, windows etc. even brand-new interior Fire Sprinkler system, as per current building codes. Absolute NNN Lease in place for the next 10+ years. Single Tenant pays Property Tax, All Insurance Cost, Maintenance, etc. Zero Owner Responsibility/passive Income. 5.8% CAP Rate. Buildings sit on over 1/2 acre and there are plenty of parking spots (approx.30) Fantastic Visibility and very easy access because the property is located directly on the Main Road (HWY 18 / Big Bear Blvd.) Close to All attractions! Walking distance and view of Big Bear Lake. Great Investment opportunity in this Southern California Darling Vacation Spot: "Big Bear Lake Winter and Summer Vacation Destination" Fully running Restaurant (famous USA Country Kitchen Franchise) with over 20 dining tables, big Kitchen, cellar for cooler and storage, and Mini Hotel with a total of 8 Guest rooms and 10 Bath rooms total. Most visited Ski Location in Southern California. Big Bear has approx. 3M+ annual visitors and approximately $30M are spent annually on Food and Beverages. Approx. $450M annually spent on general tourism and lodging on this famous S. California Tourist Destination.
Listing information courtesy of: Sachi Plummer, Real Estate eBroker 760-670-8305. *Based on information from the Association of REALTORS/Multiple Listing as of 01/11/2025 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.