22,800 Free Standing Commercial Building - Sale or Lease!

Retail-Commercial for Sale
Catylist Listing ID: 30372023
Property Subtypes: Free-Standing Building
Building Size (RSF): 22,800 SF
Gross Building Area: See Agent
Sale Price: $1,300,000
Unit Price: $57.02 PSF
Property Use Type: Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: Undisclosed
Last Updated: 3/22/2019

Overview / Comments

22,800 SF Brick Building on 1.38 acre site (60,000 SF) Parcel

Building includes 11,400 SF on Street Level with 100 feet of glass frontage plus 11,400 SF Basement with Freight Elevator

Open span interior with 21' Ceilings

Ample Parking for Approximately 100 cars, some covered

Directly next to the new campus of the College of the Desert with over 3000 students, it is ideally located to capture the new synergy from all the neighboring trade and office developments.

Redevelopment of the nearby Indio Mall into the Indio Grand Marketplace will feature a major mixed-use project with retail, entertainment and residential element, further enhancing the downtown location. Acquisition of this one-of-a kind eclectic 1.38 acre property in the nucleus of a charming downtown provides a great opportunity to take advantage of the exponential commercial and residential growth in the eastern area of the Valley. Indio is also renowned as the City of Festivals. As host of the world –famous Coachella Music Festival, Stagecoach County Music Festival and several national art events.

Just blocks from the I-10 freeway and 23 miles to the Palm Springs Airport, the time is right for this building to express its full potential

Attachments & Media

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 611-221-001
Zoning: DC-1
Year Built: 1960
Total Parking Spaces: 100

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 22,859 95,165 153,564
Median Age: 27.01 31.67 34.66
Households: 5,784 27,325 48,042

Contact

Photograph of Listing Agent

Dick S. Baxley

Baxley Properties DACIE Member
Photograph of Listing Agent

Irene DiVito

Baxley Properties Not a member of DACIE

Sponsoring Organization

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