Millman Team Real Estate

$1,350,000
0.21 Acre Lot

40645 Village Drive, Big Bear Lake, California 92315

  • Commercial Sale Property Type
  • 1966 Year Built
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.

Basic Details
Commercial Sale
For Sale
CV25185485
$1,350,000
1966
0.21 Acre
Active
Mixed Use
Features
: Central
: None
$0
Address Map
CA
San Bernardino
Big Bear Lake
92315
Village
40645
Drive
Across from Holiday Inn take Highway 18 and continue on village dr.
289 - Big Bear Area
Additional Information
$0
$0
$0
$0
$0
3190
1
: 0-1 Unit/Acre
3
2025-08-16
2
Broker/Agent Information
MGR REAL ESTATE, INC.
Giorgio Touma
Listing Information
CV48173
4064
Active
2025-08-27T21:22:30Z
CRMLS
: Standard
2025-08-16T20:08:15Z
Agent info
Ray Millman
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