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Donnie Bowen

[email protected] +1(949) 290-9754

$ 1,690,000

Est. payment | -/mo

0.66 Acres Lot

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$ 1,690,000

Est. payment | -/mo

Save Virtual Tour

0.66 Acres Lot

Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW26017908

HOA Y/N No

Annual Tax Amount $21,460

Lot Size 0.660 Acres

Property Sub-Type Retail

Property Description

Excellent Opportunity for Owner-User and/or Investor | 9.0% Cap Rate. Rare opportunity to acquire a high-visibility, income-producing commercial property consisting of three parcels with diversified revenue streams and built-in upside. This well-maintained asset offers approximately 10,660 square feet of improvements situated on a combined 28,749-square-foot lot, delivering strong current cash flow with long-term growth potential. The property includes 172 N. San Jacinto St (APN: 445-240-026), leased for 5-year lease with 5% annual rent increases, rent increases from $4,000 to $5,000 in August 2026, providing stable and predictable income. The tenant has invested substantially in a comprehensive security system, enhancing safety and adding value to the entire property. 168 N. San Jacinto St (APN: 445-240-018) features seven fully finished storage units, all rented on a month-to-month basis and generating $6,000 in monthly income, offering flexibility and immediate cash flow with potential for rent optimization. 162 N. San Jacinto St (APN: 445-191-057) is being delivered vacant, allowing a buyer the freedom to occupy, lease, or reposition the space. There is existing tenant interest, but the seller has intentionally kept the unit vacant to maximize buyer's options and value-add potential. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 8.76% cap rate and strong return on investment. Ideal for an owner-user, portfolio expansion, or value-add repositioning strategy, this is a rare chance to acquire a well-located asset with solid fundamentals, income stability, and meaningful upside in a desirable commercial corridor.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning C

Interior

Inclusions APN: 445-191-057, 445-240-018, & 445-240-026

Fireplace No

Laundry None

Exterior

Fence Block, Chain Link

Utilities Available Electricity Connected, Sewer Connected, Water Connected

Present Use Commercial,Investment,See Remarks

Building

Lot Description 6-10 Units/Acre, Level, Near Public Transit, Paved, Street Level

Story 1

Water Public

Others

Tax ID 445191057

Security Features Security System

Acceptable Financing Cash, Cash to New Loan, Conventional, Submit

Listing Terms Cash, Cash to New Loan, Conventional, Submit

Special Listing Condition Standard

Virtual Tour https://www.youtube.com/watch?v=9Swwu3f5gms

Lease Land No

CRMLS Full IDX Feed (MAIN Website Search)

Listed by David Limon Your Home Selling Pros 951-445-0691, DRE #00908480

NEARBY SCHOOL & BUSINESS

+1(949) 290-9754

[email protected]

22502 Avenida Empresa, Rancho Santa Margarita, California, 92688, USA

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162 N San Jacinto St Hemet, CA 92543