bedrooms
0
bathrooms
0
square feet
11,704
Acreage
-
Open Houses
-
year built
1986
Full Baths
0
Half Baths
0
REMARKABLE MULTI-TENANT INVESTMENT OPPORTUNITY! Wait till you see the perfect, convenient location of this 48 unit office/mini storage facility with over 11,700 sq. ft. of rental space on a level, 36,358 sq. ft. street-to-street lot in the 'miracle mile' district of Big Bear Lake. Property includes 38 units of various sizes for personal/business storage and 10 office space rentals (two w/ 1600 sq. ft. and eight w/ 400 sq. ft.). Office units come complete with wet bar/kitchenette and half bathrooms (a few with showers). Lots of potential to increase monthly income. Many of the current rents are below current market rents. As of 7/13/24, CAP Rate is 7.30 based on actual income, less actual reoccurring expenses. Currently five vacancies equaling $2,013 P/M. (When 100% occupied, CAP rate is 8.5).
| Location | |
| Subdivision | - |
| County | San Bernardino |
| Elementary School | - |
| Middle School | - |
| High School | - |
Open houses
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MLS number: EV24122272
Listing agent:
Michael Dolan
#00752899
Listing broker:
Keller Williams Big Bear Lake Arrowhead
(562) 577-9958
Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
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Last update: Wednesday, January 1 2025 at 4:34 a.m. EST
Kotohomes National