Hemet, CA 92543,910 E Florida Avenue

$775,000

Est. payment /mo

$800,000

3.1%
Est.Price: ?

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910 E Florida Avenue Hemet, CA 92543

4,500 SqFt

SOLD DATE : 01/02/2025

Key Details

Sold Price $775,000

Property Type Commercial

Sub Type Office

Listing Status Sold

Purchase Type For Sale

Square Footage 4,500 sqft

Price per Sqft $172

MLS Listing ID CRCV24136463

Sold Date 01/02/25

HOA Y/N No

Year Built 1980

Lot Size 0.360 Acres

Acres 0.36

Property Description

The 910 Building is located at 910 E. Florida Ave. in Hemet, CA. This well maintained, nine retail /office suite building has maintained a 95% or higher occupancy rate for over 30 years. Situated on a corner lot, the property has excellent street exposure on E. Florida Ave. with high traffic counts. In addition, there is a parking lot entrance/exit on E. Florida Ave and N. Santa Fe Street. There are a total of three single story buildings, with each building containing three suites. Each suite has their own restroom, individually metered for gas & electric, and has a central A/C rooftop unit for each office. All the suites are ± 500 SF, with long term tenants and on month-to-month leases. The 910 Building offers privacy gates for each building and a total of 17 open parking spaces, with 1 being handicap. The current rents are significantly below market and offers an investor an add-value opportunity with increasing rents to the market rate. As of 10/1/24, 3 brand new A/C units and the remaining 6 serviced.

Location

State CA

County Riverside

Interior

Cooling Central Air

Fireplace No

Exterior

Utilities Available Electricity Connected, Natural Gas Connected

Building

New Construction No

Others

Tax ID 445252029

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Bridge MLS
Listed by Kevin Struve • MARCUS & MILLICHAP
Bought with ErumBalouch
agent

Jodi Nishimura

Founder & Realtor® | License ID: 01762935

+1(510) 459-0471

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