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Investment Highlights
- Corner lot near State Street
- Includes three convenient drive-in doors
- Onsite parking for twelve vehicles
- Fourteen-foot clear ceiling height
- Zoned M1 for light industrial
Executive Summary
The property at 491 Menlo Avenue, Hemet, CA offers an excellent opportunity to acquire a functional industrial asset in the heart of Hemet. Located just one block from State Street, this corner-lot site is well-positioned for convenient access and visibility within the Inland Empire submarket. The property encompasses approximately 7,150 square feet of building area on a 0.53-acre lot and is zoned M1 Light Industrial (buyer to verify). Built in 1983, the building is designed with a flexible layout, 14-foot clear ceiling height, and includes three drive-in doors, making it suitable for a wide range of light manufacturing, distribution, or service operations, including automotive uses. Additional features include utility connections for gas, lighting, water, sewer, and heating, combined with onsite parking for approximately 12 vehicles. This site provides an ideal blend of functionality, accessibility, and adaptability for owner-users or investors seeking warehouse or service-related operations in a growing market.
Property Facts
| Price | $1,833,910 CAD | Rentable Building Area | 7,150 SF |
| Price Per SF | $256.49 CAD | No. Stories | 1 |
| Sale Type | Owner User | Year Built | 1983 |
| Property Type | Industrial | Parking Ratio | 1.68/1,000 SF |
| Property Subtype | Warehouse | Clear Ceiling Height | 14’ |
| Building Class | C | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.53 AC | ||
| Zoning | M1, Hemet - Industrial | ||
| Price | $1,833,910 CAD |
| Price Per SF | $256.49 CAD |
| Sale Type | Owner User |
| Property Type | Industrial |
| Property Subtype | Warehouse |
| Building Class | C |
| Lot Size | 0.53 AC |
| Rentable Building Area | 7,150 SF |
| No. Stories | 1 |
| Year Built | 1983 |
| Parking Ratio | 1.68/1,000 SF |
| Clear Ceiling Height | 14’ |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | M1, Hemet - Industrial |
Amenities
- 24 Hour Access
- Fenced Lot
- Signage
- Skylights
- Storage Space
Utilities
- Lighting
- Gas
- Water
- Sewer
- Heating
1 1
Fairly walkable
50/100
Moderately drivable
70/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,202,777 CAD | |
| Land Assessment | $1,261,961 CAD | Total Assessment | $2,464,738 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$1,261,961 CAD
Improvements Assessment
$1,202,777 CAD
Total Assessment
$2,464,738 CAD
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491 Menlo Ave
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