83811 Indio Blvd- 6,700 SF on 1.64 Acres

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30267851
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related, Other
Status: Pending
Building Size (RSF): 6,700 SF
Gross Building Area: See Agent
Sale Price: $925,000
Unit Price: $138.06 PSF
Property Use Type: Net Leased Investment (NNN), Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 5/8/2019

Overview / Comments

Great opportunity for investor or owner/user. Conveniently located with 300' frontage on Indio Blvd- close to Highway 111, Interstate 10 & Expressway 86. Two parcels totaling 1.64 acres with approximately 6,700 SF between three buildings and a commercial wash rack. This property has been used as an equipment rental yard/store for 50+ years. GREAT income from current tenant (in place until December 31, 2020, possibly December 31, 2021). Commercial zoning with the ability to change zones to Industrial (IP) allows for too many uses to list. The listing price is firm.

Shown by appointment only, please do not disturb tenant.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 612-120-002, 003
Feet of Frontage: 300
Year Built: 1979
Total Parking Spaces: 6
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 11,456 89,211 139,668
Median Age: 25.81 29.7 32.55
Households: 2,821 24,247 40,981


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