1031 Florida Ave Hemet, CA 92543
- Turn key restaurants
- 987 SF
- 0.39 lot acres
Current Use by Public Records
- Vero’s Taco Shop / Taco Restaurant
Property Details for 1031 Florida Ave
- Year built
- 1953
- Construction
- WOOD
- Lot size
- 0.39 lot acres
- Property size
- 987 SF
- Property type
- Turn key restaurants
- APN
- 442-091-010
- APU
- 442091010
Description
This exceptional 17,000-square-foot property in Hemet, California, presents a unique investment opportunity. Located at 1031 W. Florida Ave., Hemet, CA 92543, this highly visible site boasts a prime location on Florida Avenue, offering excellent exposure from both directions. The property includes two existing small commercial buildings currently generating $3,000 per month in rental income, which will be transferred to the lessee. This income stream provides immediate return on investment. The fenced area abutting Hamilton Avenue is also part of the 17,000 square foot parcel. The property is classified as Industrial, Land, and Special Purpose, with a single tenancy. Lessees have the flexibility to manage the property as they see fit, potentially developing it further or relocating the existing businesses. Modifications to the property are permitted to enhance business operations. A long-term lease is available, starting at a negotiable rate of $0.40 per square foot per month. This versatile property offers significant potential for growth and customization. Contact the property manager for further details.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.982
- Latitude
- 33.7471
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA
