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40277 Big Bear Blvd

2 Properties Offered at $799,000 in Multiple Locations

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Investment Highlights

Excellent Redevelopment Opportunity
Three Existing Structures - 2 Commercial, 1 Residential
One Commercial Structure Previously Used for Retail

Includes 11,000sf of Undeveloped Land
One Commercial Structure in Need of Renovation

Executive Summary

HARD MONEY LENDER OWNED/FORECLOSURE. Looking to move this lot quickly. There are 3 structures:
-Commercial Building, (40277 Big Bear Blvd) Vacant, great condition (used to be a bike and gear rental shop). Roughly 1,500 sqft.
-Residential House, 2 bed 1 bath, (40270 Mill Creek Rd) Vacant, great condition. Roughly 1,000 sqft.
-Commercial Building, in poor condition, in need of major upgrade.
-11,000 sqft of undeveloped land. There used to be a restaurant on this section of the lot.
Right on the main road and next to the Alpine Slide resort. Brand new condos built across the street. Incredible development opportunity.

Property Facts

Price	$799,000	Number of Properties	2
Price / SF	$63.88 / SF	Individually For Sale	0
Sale Conditions	Deferred Maintenance Redevelopment Project REO Sale	Total Building Size	12,507 SF
Sale Type	Investment or Owner User	Total Land Area	1.16 AC
Status	Active

Price	$799,000
Price / SF	$63.88 / SF
Sale Conditions	Deferred Maintenance Redevelopment Project REO Sale
Sale Type	Investment or Owner User
Status	Active
Number of Properties	2
Individually For Sale	0
Total Building Size	12,507 SF
Total Land Area	1.16 AC