115 Stetson Ave Hemet, CA 92543
- Strip malls
- 8,040 SF
- 0.68 lot acres
Current Use by Public Records
- Pam's Donuts & Ice Cream (Hemet) / Donut Shop / Dessert Shop
Property Details for 115 Stetson Ave
- Year built
- 1974
- Construction
- TILT-UP CONCRETE
- Lot size
- 0.68 lot acres
- Property size
- 8,040 SF
- Zone code
- C2
- Property type
- Strip malls
- Property subtype
- Neighborhood centers
- APN
- 451-080-006
- APU
- 451080006
Description
This thriving donut shop located at 115 Stetson Avenue in Hemet, California presents a fantastic business opportunity. Situated on a 0.68-acre lot, this well-established business boasts a long history and consistent walk-in traffic, indicating a strong customer base and proven profitability. The sale price is $145,000. While the exact square footage isn't specified, the property's size and established nature suggest ample space for both production and customer service areas. The business's longevity speaks to its successful operation within the Hemet community. This represents a rare chance to acquire a turnkey operation with immediate revenue potential. The high volume of foot traffic suggests a prime location with excellent visibility and accessibility. This is an ideal opportunity for an experienced entrepreneur seeking an established business with a proven track record or for a first-time business owner looking for a ready-made operation in a high-demand market. The asking price reflects the value of the established business and its potential for continued growth. Serious inquiries are encouraged to explore this exceptional opportunity further. Financial details and operational specifics are available upon request. Don't miss this chance to own a piece of Hemet's culinary landscape.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $480,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $455,000
- 6.5%
- $420,000
- 7%
- $450,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $400,000
- Geo Method
- $390,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $385,000
- Retail
- $370,000
- Mixed-Use
- $440,000
- Hospitality
- $375,000
- Educational
- $425,000
- Residential Income
- $425,000
- Energy
- $390,000
- Income-Based Land
- $430,000
- Food Service
- $405,000
Location Insight
- Map
- Local Demand
- City
- Hemet
- County
- Riverside
- State
- California
- Longitude
- -116.971
- Latitude
- 33.7286
- CBSA code
- 40140
- CBSA name
- RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA