910 E Florida Avenue
Hemet, CA 92543
Active Under Contract for $800,000
Beds: N/A Baths: N/A Structure Size: N/A sqft Lot Size: 15,682 sqft
MLS | CV24136463 |
Year Built | 1980 |
Property Type | Office |
County | Riverside |
Status | Active Under Contract |
Active Under Contract | $800,000 |
Structure Size | N/A sqft |
Lot Size | 15,682 sqft |
Beds | N/A |
Baths | N/A |
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.
Listing information courtesy of: Kevin Struve, MARCUS & MILLICHAP . *Based on information from the Association of REALTORS/Multiple Listing as of 11/25/2024 and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.