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68766 Perez Rd 10,629 SF Vacant Industrial Building Cathedral City, CA 92234 $2,200,000 ($206.98/SF)

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Investment Highlights

Live Work Opportunity!
Two Downstairs Retail/Industrial Units

2,000 SF+ Fully Renovated Upstairs Apartment

Executive Summary

Now offering a rare Live Work opportunity in Cathedral City! This is a fully improved live work space that features a 3 Bed / 2 Bath apartment and around 8,000 SF of first floor retail space; two of the the three units are currently leased. The first downstairs retail suite spans approximately 2,000 SF, and is presently vacant - this space would be perfect for an artist studio, retail space, or a flex industrial use. The remaining two suites are currently leased, with one being a downstairs retail unit that spans approximately 6,000 SF and is a fully improved animal suite with kennels and a dog salon including washing/grooming areas. There are also two exterior areas for dog recreation activities. The other leased space includes an upstairs residential unit with an expansive living area with high-end finishes throughout, a beautiful kitchen space perfect for entertaining, and an outdoor patio with stunning views. Reach out for more information on this unique building, as Live Work properties don't come on market too often! Leasing opportunity also available.

Property Facts

Price	$2,200,000	Rentable Building Area	10,629 SF
Price Per SF	$206.98	No. Stories	2
Sale Type	Investment or Owner User	Year Built	1981
Property Type	Industrial	Parking Ratio	0.94/1,000 SF
Property Subtype	Warehouse Flex Light Manufacturing General Retail Storefront Retail/Residential Office Office Residential	Clear Ceiling Height	14’
Building Class	C	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Lot Size	0.34 AC
Zoning	I-1 - Light Industrial District

Price	$2,200,000
Price Per SF	$206.98
Sale Type	Investment or Owner User
Property Type	Industrial
Property Subtype	Warehouse Flex Light Manufacturing General Retail Storefront Retail/Residential Office Office Residential
Building Class	C
Lot Size	0.34 AC
Rentable Building Area	10,629 SF
No. Stories	2
Year Built	1981
Parking Ratio	0.94/1,000 SF
Clear Ceiling Height	14’
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning	I-1 - Light Industrial District