1295 S State Street Hemet, CA ^$ 2,490,000

1295 S State Street

^$ 2,490,000

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1295 S State Street

Hemet, CA, 92543

^$ 2,490,000

Studio Baths0.0 Sq 25,861

Monthly Estimate*

^$ 17,393

Listed by CBD Investment Inc.

1295 S State Street, Hemet, CA 92543 - Image 1

1295 S State Street, Hemet, CA 92543 - Image 2

1295 S State Street, Hemet, CA 92543 - Image 3

1295 S State Street, Hemet, CA 92543 - Image 4

1295 S State Street, Hemet, CA 92543 - Image 5

1295 S State Street, Hemet, CA 92543 - Image 6

1295 S State Street, Hemet, CA 92543 - Image 7

1295 S State Street, Hemet, CA 92543 - Image 8

1295 S State Street, Hemet, CA 92543 - Image 9

1295 S State Street, Hemet, CA 92543 - Image 10

Studio

Commercial Property for sale in Hemet, CA

for $2,490,000. This 25,861 square foot building was built on a lot size of 2.36.

Discover an exceptional investment opportunity in the heart of Diamond Valley Shopping Center with this fully leased retail space offering an attractive 5% cap rate. Situated in a prime location in the southern part of Hemet, this property enjoys proximity to an array of amenities including popular restaurants, modern fitness centers, cozy cafes, and reliable banks, ensuring high foot traffic and visibility. Ideal for discerning investors seeking a strategically positioned asset, this retail space is just a short drive from I-74, providing easy access and convenience. Whether you're looking to expand your portfolio or seeking a promising investment in a thriving community, this offering represents a superb choice.

Commercial Active

Price

^$ 2,490,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Retail

Lot Size

2.36

Town/City

Hemet

County/Region

Riverside

MLS | Web ID

AR21238032

Days on Market

882

Features

Exterior

Water Source Public

Lot Size Area 102802.0

Spa N

Building Area Total 25861.0

Lot Size Acres 2.36

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

General

Property SubType Retail

County Riverside

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions S State street

City Hemet

View Y/N N

Senior Community Y/N N

MLS Area SRCAR - Southwest Riverside County

Lot Size Square Feet 102802.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name State

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 856

Building Area Units SquareFeet

Standard Status Active

Occupancy Description Vacant

Property Sub Type Additional Retail

Interior

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Street

Laundry Features None

Electric On Property Y/N N

Internal Only

Street Number 1 1295

* Excluded Features

List By

Cbd Investment Inc.

Broker

(626) 566-2221

Phone

Affordability Calculator

$17,393

Per Month

Monthly Principal & Interest: $17,393
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hemet, CA

Average List Price ^$1,718,437

Percent of Sale Price 31%

About Hemet, CA

83,932 Population

39% Since 2002

^$36,927 Median Income

38.24 Median Age

29% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
7/26/2023	$2,190,000		Listed Price

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1295 S State Street, Hemet, CA, 92543 is a Commercial Property for sale at $2,490,000 with 25,861 sqft and a lot size of 2.36. 1295 S State Street is a studio with 0.0 baths. The property's zip code is 92543 which is in Hemet, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/1/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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1295 S State Street

Commercial Property for sale in Hemet, CA

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