83811 Indio Blvd- 6,700 SF on 1.64 Acres

Retail-Commercial for Sale
Catylist Listing ID: 30267851
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail, Vehicle Related, Other
Building Size (RSF): 6,700 SF
Gross Building Area: See Agent
Sale Price: $1,100,000
Unit Price: $164.18 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/25/2018

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 November 2019). Tenant does not intend to renew. Too many potential uses to list.

APN 612-120-002 is 1.03 acres with a 3,200 SF block building and a 900 SF building/shed. New FiberTite roof installed in 2005.
APN 612-120-003 is 0.61 acres with a 2,560 SF block building.

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
Zoning: REGIONAL COMMERCIAL
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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