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910 E Florida Ave
Hemet, CA 92543
Retail Property For Sale
Investment Highlights
- 9 Individual Suites
- Established multi-tenant investment
- Separately metered gas and electric
- Prominent Corner Location with two entrances
- Individual restrooms serving the suites
- Individual rooftop HVAC systems
Executive Summary
An exceptional opportunity to acquire 910 E. Florida Avenue, a well-established multi-tenant commercial investment in Hemet, California. The property offers approximately 4,540 square feet of building area configured into nine individual commercial suites, providing an attractive diversified income profile for an investor seeking current cash flow and potential long-term upside. The property includes approximately 17 open parking spaces, including designated handicap parking. Located at the corner of E. Florida Avenue and N. Santa Fe Street, the property benefits from strong street presence, visibility, and convenient access. The property features individual restrooms, separately metered utilities, and individual rooftop HVAC systems, providing operational flexibility for a multi-tenant environment.
Property Facts
Sale Type
Investment
Property Type
Building Size
4,540 SF
Building Class
C
Year Built
1980
Price
$1,653,402 CAD
Price Per SF
$364.19 CAD
Cap Rate
8.57%
NOI
$141,625 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.29
Lot Size
0.36 AC
Opportunity Zone
Yes
Zoning
C-2 - General Commercial
Parking
17 Spaces (3.74 Spaces per 1,000 SF Leased)
Property Taxes
| Parcel Number | 445-252-029 | Improvements Assessment | $825,594 CAD |
| Land Assessment | $268,142 CAD | Total Assessment | $1,093,736 CAD |
Property Taxes
Parcel Number
445-252-029
Land Assessment
$268,142 CAD
Improvements Assessment
$825,594 CAD
Total Assessment
$1,093,736 CAD
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