Rancho Mirage Office Building

Office for Sale
Catylist Listing ID: 30606411
Property Subtypes: Mixed Use, Office Building
Building Size (RSF): 4,800 SF
Gross Land Area: 1.24 SF
Sale Price: $1,245,000
Unit Price: $259.38 PSF
Ceiling: 15 ft.
Property Use Type: Vacant/Owner-User
Class of Space: Class B
Sale Terms: Cash to Seller, Purchase Money Mortgage
Cap Rate: Undisclosed
Last Updated: 5/11/2020

Overview / Comments

Great location on Rancho Mirage Ln, this is a portfolio of 3 properties. The main office building that is 4800 sq. a smaller office building & living quarters that is 1200 sq. ft. and 7 lots on .97 acres. The sales price includes all 3 properties.

Additional Details

Nearest MSA: Riverside-San Bernardino-Ontario
County: Riverside
Tax ID/APN: 684-255-002, 684-255-003, 684-255-004 through684-255-009
Zoning: PUDC
Property Located Between: Hwy 111 and Rancho Mirage Lane, RM
Property Visibility: Excellent
Highway Access: Hwy 111 & Sahara
Airports: Palm Springs International
Site Description: Well located properties just off Hwy 111. The Larger office building is located on Rancho Mirage Lane as well as well as the smaller office/building. The 7 vacant lots are off of Sahara.
Area Description: Busy growth area, with a mixture of businesses and residential plus Adult care facilities. Easy access
Total Number of Buildings: 2
Number of Stories: 1
Typical SF / Floor: 4,800 SF
Year Built: 1965
Roof Type: Flat
Construction/Siding: Wood Frame
Exterior Description: One story office building, with flat roof. Mature landscaping. The 1200 office/living quarters has parking for both buildings, plus there is street parking. This is a portfolio of three properties
Parking Ratio: 10 (per 1000 SF)
Parking Type: Surface
Parking Description: There are 10 parking spots, plus extra parking spaces on the street
Total Parking Spaces: 10
Sprinklers: None
Heat Source: Central
Air Conditioning: Package Unit
Interior Description: Office building with high potential, wood frame, mature landscaping good parking plus street parking. Situated close to shopping and restaurants.
Zoning Description: PUDC
Lot Frontage: 100 ft
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel: 684-255-002, 684-255-003

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 2,640 42,349 89,094
Median Age: 60.16 52.77 51.26
Households: 1,417 20,622 41,534

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