1600 Florida Ave Ste 305a Hemet, CA 92544-8639

Exceptional investment opportunity in Hemet, California! This combined office condo unit, encompassing 1,418 square feet (units 312 & 314), presents a compelling owner-user or income-generating prospect. Located within a secure, well-maintained executive building complex at 1600 E Florida Ave, 92544, this third-floor space boasts a rare combination of features: two private bathrooms and a private kitchen. Currently configured as a medical/executive office space, the property offers a lease in place through June 2024, providing immediate cash flow. The asking price is $250,000, translating to $176.30 per square foot, and offering an attractive 8.64% capitalization rate. Each of the original units (approximately 709 sq ft each) contributes to the overall functionality and potential of this combined space. This property is situated in Riverside County and presents a strong return on investment in a desirable location. The building consists of two structures. This is a rare opportunity to acquire a well-appointed office space with significant income potential.