Description

INVESTMENT OPPORTUNITY ON HIGH-VISIBILITY FLORIDA AVENUE! Excellent opportunity to own a fully occupied, income-producing mixed-use property in Hemet! Located at 4828 E Florida Avenue, this property features 5 units across 2 separate buildings, offering a combination of commercial office space and residential rental income. The smaller rear building is occupied exclusively by an established tax office, while the larger main building consists of 2 commercial office units and 2 residential units, all currently tenant occupied. With 100% occupancy and long-term, established tenants, this property offers an attractive opportunity for investors seeking immediate rental income and an established income-producing asset. Recent improvements include a newer roof and mini-split heating and cooling systems, adding value to the property. The desirable Florida Avenue frontage provides excellent visibility along one of Hemet's primary commercial corridors, with convenient access to surrounding businesses, shopping, dining, and residential neighborhoods. Whether you're an experienced investor looking to expand your portfolio or seeking a mixed-use property with multiple income streams, this is an opportunity worth exploring. Five occupied units, two buildings, established tenants, and existing cash flow make this property a compelling addition to an investment portfolio. Don't miss this opportunity to invest in Hemet's growing commercial corridor!

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Property information

Property type

Commercial Sale

Sub-type

Mixed Use

Year built

1955

Living area

3,500 Sq Ft

Lot size

0.35 acres

Price / Sq Ft

$343

Days on market

2

Stories

1

Parcel number

551530010

Features

Cooling

Ductless

Heating

Ductless

Laundry

See Remarks

Sewer / Water

Public