$ 800,000
910 E Florida Avenue Hemet, CA 92543
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Listed by Kevin Struve • MARCUS & MILLICHAP
$ 800,000
Est. payment /mo
Active
910 E Florida Avenue Hemet, CA 92543
4,500 SqFt
UPDATED:
10/01/2024 08:41 PM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 4,500 sqft
Price per Sqft $177
MLS Listing ID CRCV24136463
HOA Y/N No
Originating Board Datashare California Regional
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.
Location
State CA
County Riverside
Interior
Cooling Central Air
Fireplace No
Building
Water Public
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