217 Florida Ave Hemet, CA 92543-4205
Property summary
This 3,890 square foot retail building at 217 Florida Avenue, Hemet, CA, sits on a 0.09-acre lot and offers a unique investment opportunity. Priced at $800,000, the property includes a fully equipped, state-of-the-art ice cream parlor with all equipment, including soft-serve ice cream and yogurt machines, tables, and decorations. The building boasts significant recent upgrades: a new roof, new electrical and plumbing systems, and two new 5-ton air conditioning units. A large walk-in freezer and walk-in refrigerator are also included. The property's location on Florida Street in downtown Hemet ensures high traffic visibility. Alternatively, the building can be purchased for $700,000 without the ice cream parlor business. This versatile space is ideal for various uses, including catering, party rentals, warehouse and distribution, and other retail ventures. The existing infrastructure supports a wide range of possibilities, such as a restaurant (with potential for beer and wine licensing), a cannabis business, or a barbershop. The property is being sold as-is. Prospective buyers are responsible for conducting their own due diligence.
Property profile
VerifiedCap rate & NOI
Current use
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Grocery & Convenience Store Specialty Food Shop
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Real Estate Agency
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Specialty Food Shop (Bike/Boat/Book/etc) Store
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Restaurant
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Grocery & Convenience Store Specialty Food Shop
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
C2 · Hemet, CAZoning
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Zoning designation
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The district profile from the municipal source: what is on file for C2 in Hemet, CA.
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