Property summary
This exceptional investment opportunity presents a portfolio of three buildings totaling 4,900 square feet situated on a prominent 27,007 square foot corner lot at Calimesa Boulevard and Avenue L in Calimesa, California (zip code 92320). The property consists of four separate commercial units currently occupied by a drive-thru dairy, a dart shop, a health food store, and a shutter store. The property features three separate parcels, two water meters, and two electrical meters, offering flexibility for future development or continued multi-tenant operation. This prime location benefits from high visibility and traffic counts, situated near major retailers including Bank of America, Tractor Supply, Starbucks, McDonald's, and Carl's Jr. The property's proximity to the 10 Freeway ensures convenient access for customers and employees. The area is experiencing significant growth, making this an attractive investment for both seasoned investors and developers. The property is zoned DVC Downtown Village Commercial and is offered as a 1031 exchange opportunity. The asking price is $1,175,000. This is a rare chance to acquire a well-established, multi-tenant commercial property in a thriving California market. The APN numbers are 411120036, 411120008, and 411120035. The lease type is NNN.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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