Rare USP (unique selling proposition) of vacant land parcel with frontage on main thoroughfare of Lake Drive (walking distance to Lake Gregory). Vacant parcels like this are few and/or are more remotely located. This front facing Lake Dr. property is one parcel away from a McDonald's and situated among dozens of busy restaurants, antique and hardware stores, bowling alley, Fox Theatre, and the historic Goodwin & Son's Grocery market in a high foot traffic town center area. The lot also includes a historic monument at the curb that 1930s developers used to brand the area as the "Alps of Southern California." The combined properties are a prized location and marketing dream, one of the hottest in town - will not last long! ----------------------------------------------------------- This prime location is a "flag lot" commercially zoned and has a 12,000 Sq Ft secondary parcel (included in the sales price) behind it that extends up to Zurich zoned Multi-Family. The upslope lot that frames the commercial property on Lake Dr. is a great option to build multi-level apartments, townhomes, or senior residences with a view of Lake Gregory and easy direct access to Lake Drive. A "paseo" could be created on the commercial lot with small businesses or kiosks leading up to the residential parcel (similar to the street created at Two Rodeo in Beverly Hills)Buyers must do their own due diligence with San Bernardino county to determine what structures are permitted.