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Downtown Retail Building with Tenants
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408 E Florida Ave, Hemet, CA 92543

Commercial building with three storefront spaces, including H&R Block and a month-to-month barbershop.

Property Size3,000 SF
Days on Market129

Property Features for 408 E Florida Ave

General Information

Standard status Active
Size 3,000 SF
Property subtype Office
Zoning Downtown Village

Additional Details

Traffic Count 30,612 vehicles/day

Building Details

Tenancy Multi
Listing Agency: KW Commercial Redlands
Listed By: Robert Mendieta, CCIM · License #CA 01422904
Source: Crexi
Added: Apr 11 Changed: Aug 14 Last Checked: Aug 14 at 7:44AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of KW Commercial Redlands

Investment Insights

Based on property information with market context.

408–412 E. Florida Ave is a +/- 3,000 SF commercial building located in the City of Hemet. The property contains three retail spaces. H&R Block occupies two of the spaces and has a lease in place through 2024 with an extension through 2026. The remaining space is leased to a barbershop on a month-to-month tenancy.

The site is across from City Hall with cross streets noted as Florida Ave and Buena Vista. The property is described as being on a “Downtown Village” specific plan and includes zoning allowances for many permitted and conditional uses, including mixed-use development (buyer to verify). Average daily traffic is listed as +/- 30,612 (source: CoStar).

Key Highlights

  • +/-3,000 SF commercial building in Hemet with 3 storefront spaces
  • Tenant mix: H&R Block occupies two spaces; a barbershop occupies the third
  • H&R Block lease in place through 2024 with extension through 2026

Property Analytics

Current Use

$1 Car Wash Car Wash Ramona Car Wash Car Wash Downtown Parlor Barber ... Barber Shop

Suggested Use

Top Pick Law Firm Gym & Fitness Center Parking Lot & Garage Electrical Service Cafe & Coffee Shop (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

30,612 VPD
Traffic count
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,854
Businesses Nearby
Under-served
Demand for This Use

Demographics for 92543, CA

39,323
Population
15,225
Households
2.6
Avg Household Size
37
Median Age
13%
College-Educated
75%
High-School Grad
19.1 sq mi
ZIP Area
2,059
Density / Sq Mi
$47,002
Median Household Income
$34,376
Median Earnings
$1,306
Median Rent
$250,800
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Similar Off Market Nearby

  • Mother Earth Florist n alessandro st, hemet, ca 92543
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  • Tammy Julian 660 Shasta Way, Hemet, CA 92543

Frequently Asked Questions

What type of property is this?
Storefront property - Commercial building with three storefront spaces, including H&R Block and a month-to-month barbershop.
Where is this storefront property located?
The property is located at 408 E Florida Ave Hemet, CA.
What are key features of this property?
This property features: +/-3,000 SF commercial building in Hemet with 3 storefront spaces; Tenant mix: H&R Block occupies two spaces; a barbershop occupies the third; H&R Block lease in place through 2024 with extension through 2026
(951) 977-3251 Call to check price and availability
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