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40645 Village Drive

Big Bear Lake, CA 92315
  • $895,000
  • STATUS: Active
  • ON SITE: 266 Days
  • ID#: SB22146112
UPDATED: 73 min ago
$895,000
  • 0
    BEDS
  • 0.21
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1960
County:

School Ratings & Info

Listing Agent(s): Ime Oduok of Keller Williams Beach Cities (310-939-9300)


Description

Motivated seller! Prime Big Bear Lake is a mixed-use property in the heart of the Village. This property is located next door and in front of The Club, and across the street from the Holiday Inn Resort. The existing 3,100 sq. ft. building has been completely renovated. The Old German Deli eating and drinking establishment and a residential tenant occupy this building. The spectacular residential apartment with a partial lake view is fully furnished and includes 2 bedrooms & 2 baths with a cozy fireplace. In addition, there is a pre-construction graded lot and APPROVED BUILDING PLANS for a new 3-unit, 2 stories restaurant and residential building. Preliminary approval for separating the existing units and the newly approved building units into condominiums has been received from the City of Big Bear Lake. Condo map to be submitted. DEVELOPERS AND BUILDERS, DON'T MISS OUT ON ONE OF THE LAST BUILDABLE LOTS IN THE VILLAGE! Not zoned for short-term renting. Please do not bother the German deli for info. Huge price reduction!

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-29T13:31:36.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
www.teamforss.com/homes/130585880
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40645 Village Drive Big Bear Lake, CA 92315

  • Price: $895,000
  • Status: Active
  • On Site: 266 Days
  • Updated: 73 min ago
  • ID#: SB22146112
0
Beds
0
Baths
0
½ Baths
0.21
Acres
1960
Built
Neighborhood:
699 - Not Defined
County:
San Bernardino
Area:
699 - Not Defined
Property Description
Motivated seller! Prime Big Bear Lake is a mixed-use property in the heart of the Village. This property is located next door and in front of The Club, and across the street from the Holiday Inn Resort. The existing 3,100 sq. ft. building has been completely renovated. The Old German Deli eating and drinking establishment and a residential tenant occupy this building. The spectacular residential apartment with a partial lake view is fully furnished and includes 2 bedrooms & 2 baths with a cozy fireplace. In addition, there is a pre-construction graded lot and APPROVED BUILDING PLANS for a new 3-unit, 2 stories restaurant and residential building. Preliminary approval for separating the existing units and the newly approved building units into condominiums has been received from the City of Big Bear Lake. Condo map to be submitted. DEVELOPERS AND BUILDERS, DON'T MISS OUT ON ONE OF THE LAST BUILDABLE LOTS IN THE VILLAGE! Not zoned for short-term renting. Please do not bother the German deli for info. Huge price reduction!
Exterior Features

Architectural Style Patio Home Fencing Chain Link Lot Features LandscapedNear ParkNear Public Transit Roof CompositionShingle Sign On Property YN Yes

Interior Features

Cooling Central Air Cooling YN Yes Heating Central Heating YN Yes

Property Features

Additional Parcels YN No Cap Rate 4.6 Common Interest None Community Features Park Current Financing Conventional Electric Electricity - On Property Electric Expense 0 Gross Scheduled Income 70740 Insurance Expense 4500 Laundry Features Inside Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms CashCash To New LoanConventional Maintenance Expense 2000 Net Operating Income 57240 Operating Expense 13500 Property Sub Type Mixed Use Security Features Smoke Detector(S)Security Lights Special Listing Conditions Standard Supplies Expense 0 Trash Expense 0 Utilities Cable AvailableElectricity AvailableNatural Gas AvailableSewer AvailableWater AvailableOverhead Utilities Water Sewer Expense 0 Water Source Public



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-29T13:31:36.03. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Team Forss Realty Group. Licensed in the State of California, USA.
 
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Team Forss Realty Group
31213 Temecula Parkway
Temecula CA, 92592
Listing Agent(s): Ime Oduok of Keller Williams Beach Cities (310-939-9300)