796 N State St - Storefront Retail/Office FOR SALE


Hemet, CA 92543
$1,200,000 USD
951-888-0307
796 N State St, Hemet, CA for Sale
$1,200,000 USD
Storefront Retail/Office - FOR SALE
1/22
null | 3.35% Cap Rate

796 N State St
Hemet, CA 92543


HIGHLIGHTS

  • Lease Also Available

OVERVIEW

Multi-Parcel Sale: Prime Investment Opportunity Discover your next investment property in a prime location with expansive potential. This unique offering includes two parcels at 784 N State (approximately 1,050 sq ft) and 796 N State St (approximately 2,700 sq ft), each set on .45 acres (19,602 sq ft), totaling nearly an acre of land. Property Highlights: - Extensive Exterior Updates: Recent improvements include enhanced landscaping, a retaining wall, paver driveways, security wrought iron gates, and a newer roof (784 N State). - Versatile Buildings: -784 N State: This multifunctional building features two bedrooms, a kitchen, one bathroom, and a detached garage. -796 N State: Comprising multiple offices, a conference room, bathrooms, a large reception area, and numerous rooms. - High-Traffic Location**: Situated in a bustling area with over 20,400 cars passing daily (2023 traffic counts), ensuring excellent visibility and accessibility. - Zoning: Zoned C-1 for neighborhood commercial use, providing exceptional flexibility for various professional services including legal, medical, retail, studios (arts, dance, gymnastics), service (stylist, barbershop), or storage solutions. Security Features: - Secured Access: The property is enclosed by large wrought iron gates and features rolling gates for enhanced security. This is a rare opportunity to acquire a property with such diverse potential in a high-demand area. Whether you're looking to expand, develop, or invest, these parcels offer endless possibilities for the savvy investor. Property will also be available for Lease call for additional details.

FOR SALE DETAILS

PRICE

$1,200,000 USD

PRICE/SF

$321 USD /SF

CAP RATE

3.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

784 - 796 N State St

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

undefined, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1954

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

C1

APN/PARCEL ID

439-100-005

ASK ABOUT THIS PROPERTY

Francisco PerpulyFrancisco Perpuly - eXp RealtyMore Info
951-888-0307

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Francisco PerpulyFrancisco Perpuly - eXp RealtyMore Info
951-888-0307

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