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45861 Salton St Indio, CA 92201

Sponsored
For Sale
$525,000

High-Yield Multi-Tenant Investment in Indio

Description

Added:
Feb 3, 2025
Days on Market:
343
This exceptional 5-unit commercial property, situated on a 0.29-acre lot at 45861 Salton Street in Indio, California, presents a compelling investment opportunity. The property boasts a diverse tenant mix, with four units occupied by long-term tenants. These include a well-established barber shop, a thriving karate studio, and two units leased to a carpet and tile business. The fifth unit, previously used for church services, has undergone recent renovations exceeding $8,000 in improvements. This unit also benefits from a recent remodel. Each unit is equipped with its own restroom, with the karate studio featuring two restrooms. Significant recent upgrades include the complete replacement of all plumbing lines running from the rear of the units to the city sewer system within the last year. Furthermore, the carport located behind the carpet and tile unit has a newly installed roof. The property's strategic location, just a short distance from the county courthouse, ensures high visibility and accessibility. The asking price for this income-generating property is $525,000. This represents a strong return on investment given the long-term tenants and recent upgrades. The property's diverse tenant base and prime location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, multi-tenant commercial property in a thriving area.

Property Features for 45861 Salton St

General Information

Property type
Other commercial real estate
Lot Size
12,632 SF

Property Profile Location Intelligence

Current Use by Public Records

Blue Angels Carpet Carpet Store

Suggested Use

Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Gym & Fitness Daycare Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Indio
County
Riverside
State
California
Longitude
-116.2129
Latitude
33.71556

FAQs

What type of property is this?
Commercial real estate - High-Yield Multi-Tenant Investment in Indio
Where is this commercial real estate located?
The property is located at 45861 Salton St Indio, CA.
What is the asking price?
The asking price for this property is $525,000.
More about this property
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