$347.67 Per Sq Foot $8,589 est/mo Sourced by Back At You

32075 Hilltop Drive,Running Springs, CA 92382

Running Springs CA, 92382

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Description

This 10-unit Sherwood Arms Motel business is situated in the town center in Running Springs on the San Bernardino mountains within half an hour drive from down the hill. It is also the most convenient place and the quickest way for many local SoCal residents to drive up above 6,000 ft on Hwy 330 for some snow fun in the winter time. The property consists 2 parcels and is located right in the heart of Running Springs with all the conveniences of public services such as fire stations, post office in addition to commercial stores and restaurants. It is literally at the doorstep of many restaurants, and stores in the town center. The unique and convenient location in between Big Bear Lake and Lake Arrowhead make it very attractive to run a profitable mountain resort business with active marketing and management. The guests can go either East or West directions within half an hour to two of the most popular tourist centers up in the mountains. The property is currently leased out to a motel operator with an attractive NNN lease yield. San Bernardino mountains serve over 22 million population in Southern California. It is the easiest place for local residents to go skiing or simply have some snow tubing fun with families during the winter time without having to go through the hassles to fly anywhere. In the summer time with the burning hot summer desert weather, local residents can drive up from almost anywhere in SoCal in less than hours to the many lakes among the majestic tall pine trees for a cool summer retreat. Reach Switzerland doorstep within only two hours! The proximity of these mountains to the beaches down the hills makes SoCal one of the few places in the world that local residents can boast to be able to ski in the morning, surf in the afternoon and sip wines in the evening, all in one day.

Details

MLS#NP24072677
Listing TypeFor Sale
StyleOther Business Opportunity
Sub-TypeResale
StatusActive
Year1966
Days On Site42
Listing Provided ByInvestorsAlly Realty 888-388-5432 | Ralph Liu

Features

SQ Feet4,602
Story(s)1
Acreage0.33

Market Activity 92382

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Listings Checked: 0
StateCA
CountySan Bernardino
CityRunning Springs
Zip Code92382
Area288 Running Springs
Listing VS Median (in 92382)
Price:
$1,600,000
low | high
Med:
$1,600,000
50% of Average
SqFt:
4,602
low | high
Med:
4,602
50% of Average
$ / SqFt:
$348
low | high
Med:
$348
50% of Average
On Site:
42
low | high
Med:
42.000000
100% of Average
Sourced by Back At You
Listing Updated: May 17, 2024 at 1:09:45 PM PDT