Commercial Property With Rental Income

Retail-Commercial for Sale
Catylist Listing ID: 30382198
Property Subtypes: Free-Standing Building, Mixed Use, Street Retail
Building Size (RSF): 1,150 SF
Gross Building Area: See Agent
Sale Price: $500,000
Unit Price: $434.78 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 4/8/2019

Overview / Comments

Two commercial buildings on one parcel (0.66 acres- 28,749 SF) with yard space. Conveniently located on Ramon Road between Varner Rd. and Monterey Ave. in the heart of the Coachella Valley. The west half of the property (approx. 1,100 SF building plus yard) is leased and used as a feed store and U-Haul rental facility. The east half of the property (approx. 1,150 SF building plus yard) is vacant. The vacant building has a roll-up service door in the back. Street to street access. Mixed Use (MU) zoning. Please do not disturb tenant.

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Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 650-164-035
Zoning: MIXED-USE
Year Built: 1955
Total Parking Spaces: 3

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 6,479 17,649 87,131
Median Age: 41.34 51.4 45.76
Households: 2,298 7,660 35,402

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