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40645 Village Drive, Big Bear Lake, CA 92315
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$1,350,000
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Home Details for 40645 Village Drive
Price
$1,350,000
Type
Commercial/Industrial
Year Build
1966
Lot Size
0.2123
County
San Bernardino
MLS®️ Listing#
CV25185485
On exitrealty.com
162 days
Property Description
Video Tour: https://youtu.be/v2VSJEeYlyE?si=szol10ughG2tlTcS Fully Leased Village Investment with Entitled Expansion to Double Income
40645 Village Drive presents a rare opportunity to own a turnkey, income-producing property in the heart of Big Bear Lake’s bustling Village district—with shovel-ready plans to double its earning power.
The ±3,190 SF mixed-use building is fully leased, featuring a popular ground-floor delicatessen that attracts steady local and tourist traffic, and a well-appointed two-bedroom, two-bath residential unit upstairs.
Included is an adjacent, fully entitled vacant lot with approved building plans for a second structure mirroring the original—complete with ground-floor retail space and two upper-level, two-bedroom apartments. Once built, the new structure is projected to nearly double the property’s rental income, creating significant upside for investors.
Located directly on the Village’s main commercial corridor, the property offers exceptional visibility and year-round foot traffic, surrounded by boutique shops, restaurants, lodging, and recreational amenities. This is a chance to secure a prime, high-performing asset in one of Southern California’s most desirable resort markets—with expansion potential already in place.
- Heating Information
- Central
Listing Courtesy: MGR REAL ESTATE, INC. - 626-806-3341. Presented by: Giorgio Touma
Based on information from California Regional Multiple Listing Service, Inc. as of 2025-10-10 15:48:22 and/or other sources. 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.
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Market statistics compiled from data from California Regional MLS.
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.
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$1,350,000
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EXIT ALLIANCE REALTY
24791 Washington Ave, Murrieta, CA 92562
Licensed in the state of California.
CA DRE# 01924483. Shawn Sorensen broker.