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103 E Stetson Ave 3,219 SF Retail Building Hemet, CA 92543 $1,400,000 ($434.92/SF)



INVESTMENT HIGHLIGHTS
- Hard Corner Location.
- Major street frontage and visibility.
EXECUTIVE SUMMARY
Prime retail opportunity at a signalized corner in Hemet, CA This active listing presents a rare chance to acquire a 3,219 square-foot commercial retail building situated on a prominent corner parcel at the signalized intersection of Stetson Avenue and State Street in Hemet, CA. Key features: High Visibility & Accessibility: Enjoy excellent exposure and easy access on a major thoroughfare. Former Bank Branch: Benefit from the existing layout of a former bank, potentially offering turn-key adaptability for various uses. Signalized Intersection: Positioned at a busy corner with high traffic counts. Convenient Parking: Features 25 parking spaces, representing a generous 7.77 spaces per 1,000 SF leased. Strong Retail Corridor: Surrounded by established traffic generators, including Stater Bros, CVS Pharmacy, and Dollar General. Versatile Potential: Suitable for a variety of uses, including retail owner-user, small investor, or even a food & beverage operation. Investment Opportunity: Located in an Opportunity Zone, potentially offering preferential tax treatment for investors. Property Details: Built in 1976 on a 0.31-acre lot, featuring Central heating and a single story structure. Zoning: Zoned C2 - General Commercial, allowing for a wide range of commercial uses.
PROPERTY FACTS
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Bank
Building Size
3,219 SF
Building Class
B
Year Built
1976
Price
$1,400,000
Price Per SF
$434.92
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.55 AC
Opportunity Zone
Yes
Zoning
C2 - C-2 General Commercial
Parking
25 Spaces (7.77 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Signalized Intersection
- Drive Thru
Walk Score®
Very Walkable (73)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $622,200 | |
| Land Assessment | $550,800 | Total Assessment | $1,173,000 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$550,800
Improvements Assessment
$622,200
Total Assessment
$1,173,000
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Presented by
Farnam & Associates Real Estate
103 E Stetson Ave
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