[Big Bear Lake, 92315] | [PW24082562] | Willis Allen Real Estate
 
  • 796 days on site
  • 0 views

Here lies a great location and special opportunity for the right investor. Location is everything with this restaurant as it is the only sushi restaurant in town! Property is well kept, selling as-is condition with FF&E including a brand new teppanyaki station which brings in lots of business. The restaurant comfortably seats 46 guests and also has a front patio available for dining use. There are also 2 bedroom 1 bath living quarters above the restaurant, on-site as well. Property needs some TLC, but the right investor could either rent it out or run their business through it. The subject property is strategically located along Big Bear Blvd., which averages more than 31,500 vehicles passing by daily. The 5-mile trade area is supported by over 17,100 residents and 9,500 daytime employees. Residents in a one-mile radius average an annual household income of $104,812. Interior - 2300+ sqft. Lot size - 8000+ sqft. (Buyer to verify) The sushi restaurant is open for business. Please do not disturb tenants!

Source: CRMLS, MLS#: PW24082562

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  • Property Type
    Commercial Sale
  • Lot
    0.19 acres

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  • Median Age
    41
  • Population Density
    412
  • College Educated
    44%
  • Estimated Median Income
    $55,061
  • Estimated Total Home Owners
    1,208
  • Estimated Total Renters
    924
  • Owner / Renter Divide
    57% / 43%
  • Estimated Average Household Size
    2
  • Total Population
    5,307
  • Community data courtesy of LiveBy, Inc.

Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

Life in Big Bear Lake


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
10/6/2024Source: CRMLS Price Reduction
$995,000 -17.1%
7/30/2024Source: CRMLS Price Reduction
$1,200,000 -40.0%
4/24/2024Source: CRMLS Added to Database
April 24, 2024
Listing provided courtesy of David Franklin, BrokerDavid Franklin- MLS# PW24082562MLS ProviderContact Information: [email protected] - 323-687-9461