3982 Coolidge Springs Road Thermal, CA 92274

Located in Thermal, in the heart of the agricultural belt and close to the North Shore of the Salton Sea, this property presents a rare investment opportunity. Situated approximately 20 miles from Indio off of Hwy 86, it is suitable for produce storage, packing and shipping, along with general manufacturing, processing, and assembly activities. The 5,240 square foot structure, previously used to store antique furniture and classic cars, features four 10 x 12 foot roll-up doors, with three drive-in level doors and one off of a large loading dock. The site includes two water systems: a natural well and city water. There is an office, plus restrooms. The structure occupies only 10% of the fenced-in 9.68-acre site, which is positioned between mountain views to the east and lake views to the west. The acreage is suitable for additional equipment storage. Given the ongoing new construction, the property is also suitable for a developer to store building materials during a two or three-year build-out of residential lots, or even subdividing the land to the south of the warehouse. The property could accommodate two dozen homes with mountain and lake views. With lithium mining now underway, there will be a higher demand for affordable homes than ever before, as the Salton Sea is coming back.