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Hwy 18 Hwy
2.05 Acres of Commercial Land Offered at $1,149,000 in Big Bear Lake, CA 92315
Investment Highlights
- Slight Lake View
- Close proximity to Big Bear Village
- Retail and Restaurant opportunity
- Commercial Traffic off Hwy 18
- Boutique Hotel opportunity
- Zoned Special Commerical for Tourist - Retail and Hospitality
Executive Summary
Property Facts
| Price | $1,149,000 | Property Subtype | Commercial |
| Sale Type | Investment | Proposed Use | |
| Sale Conditions | Redevelopment Project | Total Lot Size | 2.05 AC |
| No. Lots | 1 | Cross Streets | Tulip Ln |
| Property Type | Land |
| Price | $1,149,000 |
| Sale Type | Investment |
| Sale Conditions | Redevelopment Project |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 2.05 AC |
| Cross Streets | Tulip Ln |
1 Lot Available
Lot 07,08 & 13
| Price | $1,149,000 | Lot Size | 2.05 AC |
| Price Per AC | $560,488 |
| Price | $1,149,000 |
| Price Per AC | $560,488 |
| Lot Size | 2.05 AC |
Metcalf Bay Open Parcels - formerly owned by Metcalf Bay Cattle Company This property is mostly flat and has minimal forest. Water/Power/Sewer run along Big Bear Lake Blvd and Tulip Lane. The City of Big Bear Lake is eager to a preferred development
Description
This property is a rare gem in the heart of Big Bear Lake, with 3 parcels of land totaling ±2.05 Acres and a prime location on Big Bear Lake Rd and Tulip Ln. The property is zoned for Commercial - Visitor use, which allows for a variety of development options that can cater to the needs and preferences of visitors and locals alike. Imagine creating a boutique hotel, a cozy restaurant, a convenient office space, or a combination of these on this property, while also preserving some of the natural beauty and wildlife of the area. The property is situated in the scenic Metcalf Bay area, close to the Village and many outdoor attractions such as skiing, boating, hiking, and biking. This is also a time-sensitive opportunity, as you may be eligible for the New Market California Tax Credit program and the New Market Federal Tax Credit Programs, which could provide up to 39% tax credits for your development project, according to the CA State Franchise Tax Board. (Please note that this is only supplemental information provided by the listing agents, and you should conduct your own due diligence and consult with your tax and legal advisors before making any decisions).
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $453,215 | Total Assessment | $453,215 |
PROPERTY TAXES
zoning
| Zoning Code | C-3 (The commercial-visitor (C-3) zone is established for the development of areas designed primarily for visitor services, including lodging and dining.) |
| C-3 (The commercial-visitor (C-3) zone is established for the development of areas designed primarily for visitor services, including lodging and dining.) |
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John Kotake - Noble Ventures Properties
Presented by
Noble Ventures Properties
Hwy 18 Hwy
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