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561 N Palm Ave Hemet, CA 92543

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For Sale
$650,000

Two buildings on a large lot with income potential.

Property size:
4,387 SF
Lot size:
25,700.00 Acres

Property Features for 561 N Palm Ave

General Information

Standard status
Active
Zoning
C2
Size
4,387 SF
Lot size
25,700.00 Acres

Building Details

Year built
1980

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Listing Contact
David Limon
Source: Crexi

Listing Agency: Guaranteed Realty Listing Agent: David Limon

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Versatile Commercial Property with Income

This commercial property presents an opportunity for either an owner-user or an investor. The property includes two separate buildings, each approximately 2,100 square feet, with individual entrances and fenced yard space. Situated on a 25,700-square-foot lot, the property features large bay doors and ample on-site parking. The layouts are suited for light industrial, warehouse, contractor, or service-based uses; however, the buyer should verify zoning and permitted uses. Both buildings are currently rented on a month-to-month basis, providing income. The property offers an 8.69% cap rate and can be delivered vacant at close. The total property size is 4,387 square feet.
Location Intelligence

Current Use by Public Records

Apex Autoworx Auto Repair Shop

Suggested Use

Law Firm Restaurant Real Estate Agency Spa & Massage Center Hair Salon Dental Office Nail Salon Food Market Gym & Fitness Center Grocery & Convenience Store

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

Location Insight

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  • Local Demand
City
Hemet
County
Riverside
State
California
Longitude
-116.9814381
Latitude
33.7560518

FAQs

What type of property is this?
Mixed-use property - Two buildings on a large lot with income potential.
Where is this mixed-use property located?
The property is located at 561 N Palm Ave Hemet, CA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: - Attractive 8.69% cap rate provides immediate income.; - Property can be delivered vacant at close, ideal for owner-user.; - Two separate 2,100 sq ft buildings offer flexible use and income potential.
More about this property
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