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

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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
88’ on E Stetson Ave

AMENITIES

  • Bus Line
  • Signalized Intersection
  • Drive Thru
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Starbucks
Stater Bros. Markets
Bank of America
Crunch Fitness

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 451-080-012
  • 451-080-013
Land Assessment
$550,800
Improvements Assessment
$622,200
Total Assessment
$1,173,000
  • Listing ID: 34112034

  • Date on Market: 12/6/2024

  • Last Updated:

  • Address: 103 E Stetson Ave, Hemet, CA 92543

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