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$1,500,000
Est. payment /mo
0.31 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID SW24244353
HOA Y/N No
Year Built 1976
Lot Size 0.310 Acres
Property Sub-Type Retail
Property Description
Prime retail opportunity at a signalized corner in Hemet, CA
This active listing presents a rare chance to acquire a 3,219 square-foot commercial retail building situated on a prominent corner parcel at the signalized intersection of Stetson Avenue and State Street in Hemet, CA.
Key features:
High Visibility & Accessibility: Enjoy excellent exposure and easy access on a major thoroughfare.
Former Bank Branch: Benefit from the existing layout of a former bank, potentially offering turn-key adaptability for various uses.
Signalized Intersection: Positioned at a busy corner with high traffic counts.
Convenient Parking: Features 25 parking spaces, representing a generous 7.77 spaces per 1,000 SF leased.
Strong Retail Corridor: Surrounded by established traffic generators, including Stater Bros, CVS Pharmacy, and Dollar General.
Versatile Potential: Suitable for a variety of uses, including retail owner-user, small investor, or even a food & beverage operation.
Investment Opportunity: Located in an Opportunity Zone, potentially offering preferential tax treatment for investors.
Property Details: Built in 1976 on a 0.31-acre lot, featuring Central heating and a single story structure.
Zoning: Zoned C2 - General Commercial, allowing for a wide range of commercial uses.
This active listing presents a rare chance to acquire a 3,219 square-foot commercial retail building situated on a prominent corner parcel at the signalized intersection of Stetson Avenue and State Street in Hemet, CA.
Key features:
High Visibility & Accessibility: Enjoy excellent exposure and easy access on a major thoroughfare.
Former Bank Branch: Benefit from the existing layout of a former bank, potentially offering turn-key adaptability for various uses.
Signalized Intersection: Positioned at a busy corner with high traffic counts.
Convenient Parking: Features 25 parking spaces, representing a generous 7.77 spaces per 1,000 SF leased.
Strong Retail Corridor: Surrounded by established traffic generators, including Stater Bros, CVS Pharmacy, and Dollar General.
Versatile Potential: Suitable for a variety of uses, including retail owner-user, small investor, or even a food & beverage operation.
Investment Opportunity: Located in an Opportunity Zone, potentially offering preferential tax treatment for investors.
Property Details: Built in 1976 on a 0.31-acre lot, featuring Central heating and a single story structure.
Zoning: Zoned C2 - General Commercial, allowing for a wide range of commercial uses.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Heating Central
Fireplace No
Laundry None
Building
Lot Description Corner Lot, Desert Front, Level
Story 1
Water Public
Others
Tax ID 451080012
Special Listing Condition Standard
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Listed by Freshta Shalikar Farnam & Associates Real Estate fshalikar@gmail.com, DRE #01870152
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