28950 Hook Creek Road

  • Cedar Glen

  • $4,500,000
  • Acres
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Commercial Sale Details

Description & Essential
Description
In 1887, John Suverkrup acquired 1100 acres of virgin timber, just southeast of Little Bear Valley (which soon became Lake Arrowhead, with the building of the dam). In 1916, Suverkrup subdivided 56 parcels, and became the first person to sell vacation properties in the San Bernardino Mountains. That subdivision is now known as Cedar Glen. Cedar Glen lies at an elevation of 5403 ft. and the town's ZIP code is 92321, established when the Cedar Glen post office opened on February 28, 1939. It moved to it’s current location in 1962. Today the small community features a market, restaurants, hardware store, real estate offices and a variety of small shops. Today Cedar Glen is a modern mountain resort, with its own business center and subdivisions, where hundreds of people spend their vacations. This is a unique commercial opportunity. This property has been in the family for over 130 years, and was the site of the first vacation property sales in the Lake Arrowhead area. Includes approximately 25,600 sq feet of retail/restaurant space, sitting on 3.5 acres of rare level land. 100% occupancy, and room to build more. Among tenants, the US Post office has been here since 1962. Just off Hwy 173, as it runs through Lake Arrowhead. Own a piece of history.
Essential
MLS #EV16120344
Lot Price Per SqFt$32.14
Price Per SqFt$175.39
Sub-TypeRetail
CountySan Bernardino
StateCA
Area287 - Arrowhead Area
StatusActive
Sale TypeStandard
Building StatusExisting
Land UseRetail
Listing BrokerageCOLDWELL BANKER SKY RIDGE RLTY
Listing AgentJAMES NEWCOMB
Listing Agent BRE #01367225

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Based on information from California Regional Multiple Listing Service, Inc. as of Saturday, April 29, 2017. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.