$800,000
910 E Florida AVE Hemet, CA 92543
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$800,000
Est. payment /mo
0.36 Acres Lot
Active Under Contract
910 E Florida AVE Hemet, CA 92543
UPDATED:
11/11/2024 06:22 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active Under Contract
Purchase Type For Sale
MLS Listing ID CV24136463
HOA Y/N No
Year Built 1980
Lot Size 0.360 Acres
Property Description
The 910 Building is located at 910 E. Florida Ave. in Hemet, CA. This well
maintained, nine retail /office suite building has maintained a 95% or higher occupancy rate for over 30 years.
Situated on a corner lot, the property has excellent street exposure on E. Florida Ave. with high traffic
counts. In addition, there is a parking lot entrance/exit on E. Florida Ave and N. Santa Fe Street. There are
a total of three single story buildings, with each building containing three suites. Each
suite has their own restroom, individually metered for gas & electric, and has a central A/C rooftop unit
for each office. All the suites are ± 500 SF, with long term tenants and on month-to-month leases. The
910 Building offers privacy gates for each building and a total of 17 open parking spaces, with 1 being
handicap. The current rents are significantly below market and offers an investor an add-value opportunity
with increasing rents to the market rate. As of 10/1/24, 3 brand new A/C units and the remaining 6 serviced.
maintained, nine retail /office suite building has maintained a 95% or higher occupancy rate for over 30 years.
Situated on a corner lot, the property has excellent street exposure on E. Florida Ave. with high traffic
counts. In addition, there is a parking lot entrance/exit on E. Florida Ave and N. Santa Fe Street. There are
a total of three single story buildings, with each building containing three suites. Each
suite has their own restroom, individually metered for gas & electric, and has a central A/C rooftop unit
for each office. All the suites are ± 500 SF, with long term tenants and on month-to-month leases. The
910 Building offers privacy gates for each building and a total of 17 open parking spaces, with 1 being
handicap. The current rents are significantly below market and offers an investor an add-value opportunity
with increasing rents to the market rate. As of 10/1/24, 3 brand new A/C units and the remaining 6 serviced.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Interior
Cooling Central Air
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected
Building
Lot Description Corner Lot
Story 1
Others
Tax ID 445252029
Acceptable Financing Cash, Cash to New Loan
Listing Terms Cash, Cash to New Loan
Special Listing Condition Standard
Listed by Kevin Struve • MARCUS & MILLICHAP • kevin.struve@marcusmillichap.com