162, 168, and 172 N San Jacinto St 3 Properties Offered at $1,875,000 in Hemet, CA

This offering presents a rare opportunity to acquire a well-located, income-producing commercial asset comprised of three separate parcels with diversified tenancy and meaningful upside. The property totals approximately 10,660 square feet of improvements on a 28,749-square-foot combined lot, positioned along a high-traffic, highly visible commercial corridor.
The income profile is anchored by a long-term tenant at 172 N. San Jacinto St, operating under a 5-year lease with annual 5% rent escalations, providing reliable and growing cash flow. The tenant has invested substantially in a robust security system that enhances safety and adds value to the entire property.
Additional income is generated by seven fully finished storage units at 168 N. San Jacinto St, currently leased on a month-to-month basis, offering both immediate income and flexibility for rent growth.
162 N. San Jacinto St is being delivered vacant, creating a compelling opportunity for owner-occupancy, lease-up, or repositioning. While tenant demand exists, the seller has elected to keep the space vacant to preserve maximum flexibility for the next owner.
With no deferred maintenance, strong in-place income, and an attractive 8.44% cap rate, this property is well-suited for investors seeking stable returns with upside, or owner-users looking to acquire a strategic location while benefiting from supplemental income.