25870 Highway 243 - Storefront Retail/Residential FOR SALE


Idyllwild, CA 92549- Idyllwild Mountain Park
$875,000 USD
951-500-6140
25870 Highway 243, Idyllwild, CA for Sale
$875,000 USD
Storefront Retail/Residential - FOR SALE
1/14
null | 7.7% Cap Rate

25870 Highway 243
Idyllwild, CA 92549
Idyllwild Mountain Park


HIGHLIGHTS

  • Multi Use
  • Short Term Rentals
  • Office Space

OVERVIEW

Discover Jeppson Corner, a versatile 5-unit multi-use building on a 0.25-acre lot, featuring 3 commercial units and 2 charming 1-bedroom residential units, currently operating as short-term rentals. Built in 1991 and freshly renovated in 2023, this property boasts 2,096 sq ft of updated space. Recent improvements include new flooring, fresh paint, bathroom updates, new mini-splits, lighting, door locks, signage, and enhanced landscaping, fencing, and parking. Enjoy the convenience of walking to town, ample frontage, and easy access with plenty of parking, offering endless possibilities for future use. Perfect for investors seeking a dynamic property with mixed-use potential. Located in the heart of Idyllwild, a charming tourist-friendly town renowned for its artistic flair and abundant outdoor activities like hiking and rock climbing. This vibrant mountain community attracts diverse clientele year-round. With easy walkability to town, ample frontage, and convenient parking, Jeppson Corner offers its future owner a diverse investment with steady income and minimal exterior maintenance. Call for more information.

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$417 USD /SF

CAP RATE

7.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Residential

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1991

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.25 AC

LAND SF

10,890 SF

ZONING

R3A, Riverside Co.

APN/PARCEL ID

563-250-036

ASK ABOUT THIS PROPERTY

Shane StewartIdyllwild RealtyMore Info
951-500-6140

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Shane StewartIdyllwild RealtyMore Info
951-500-6140

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.