For Sale
$975,000

41095 Big Bear BlvdBig Bear Lake, CA 92315

Prime Location, High Returns, 4 Suites

Overview

Added:
Dec 11, 2024
Days on market:
115
Exceptional investment opportunity: a four-suite hotel in the heart of Big Bear Lake Village, California. This fee-simple property, boasting 1,870 square feet on a 0.09-acre lot, offers a compelling blend of location and profitability. Built in 2003 and renovated in 2015, the two-story building is zoned C-2 and features four keys, each with four parking spaces. The hotel's prime location provides easy access to all Big Bear Lake Village amenities, including fine dining, a cinema, bowling alley, and a children's fun zone. Proximity to major attractions is a key advantage: a four-minute drive to Snow Summit ski resort, two minutes to Big Bear Marina, and three minutes to Alpine Slide at Magic Mountain. The property includes a separately located 24-hour front desk, enhancing guest experience. Consistent high guest reviews (99.5% positive under the previous brand) underscore the property's appeal. This four-suite hotel has historically outperformed larger nearby motels in revenue generation, presenting a strong return on investment. The APN is 0309-103-04. This is an owner/user investment opportunity priced at $975,000, with a price per square foot of $521.39.

Highlights

  • $975,000 asking price for this fee simple ownership opportunity.
  • 1,870 square foot, 4-unit hotel in Big Bear Lake, CA.
  • Excellent location in the heart of Big Bear Lake Village, within walking distance of dining, entertainment, and attractions.
  • Strong historical performance, exceeding revenue of larger nearby motels.
  • 2003 construction with renovations completed in 2015.
  • C-2 zoning.

Property Details for 41095 Big Bear Blvd

Property type
Hospitality properties, Hotels
Square Feet
1,870 SF
Year Built/Renovated
2003/2015
Buildings
1
Stories
2
Lot Size (sq. ft)
3,920 SF

Location Insight

City
Big Bear Lake
County
San Bernardino
State
California
Latitude
34.243283
Longitude
-116.9055499
41095 Big Bear Blvd, Big Bear Lake, California

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41095 Big Bear Blvd
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