571 N Palm Avenue, Hemet, CA, CA 92543
- $749,900
- List Price
- $749,900
- Price Change
- ▼ $50,100 1780211969
- Status
- ACTIVE
- MLS#
- SW26018992
- County
- Riverside
- Zoning
- C-2
- Year Built
- 1982
- Square Feet
- 5,000
- Lot Size (acres)
- 0.47000000000000003
- Lot Location
- 0-1 Unit/Acre, Level, Paved, Rectangular Lot, Street Level
- Days on Market
- 184
- Property Type
- Commercial
- Business Type
- Auto Body, Auto Dealer, Auto Glass, Auto Rent/Lease, Auto Parts, Auto Repair-Specialty, Auto Service, Auto Tires, Auto Stereo/Alarm, Auto Wrecking, Industrial, Warehouse
- Property Sub Type
- Industrial
Property Description
Excellent Owner-User or Investment Opportunity! Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,700 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20’ x 12’ bay doors ideal for equipment access and workflow efficiency. Includes a ±1,200 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 10.92%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning flexibility.
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Additional Information
- Parcel Number
- 442030020
- Gross Scheduled Income
- $91,800
- Operating Expense
- 7650
- Net Operating Income
- $81,901
- Lot Features
- 0-1 Unit/Acre, Level, Paved, Rectangular Lot, Street Level
- Utilities
- Electricity Connected, Natural Gas Connected, Water Connected
- Electric
- 440 Volts
- Exterior Construction
- Metal Siding
- Water
- Public
Listing courtesy of Listing Agent: David Limon (dlimon@hipackinc.com) from Listing Office: Your Home Selling Pros.
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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.