Commercial: MLS #219033051PS Indio, CA ^$ 1,600,000

Commercial: MLS #219033051PS

^$ 1,600,000

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Commercial: MLS #219033051PS

Indio, CA, 92201

^$ 1,600,000

Studio Baths0.0

Monthly Estimate*

^$ 11,176

Listed by Orangehill Realty

Studio

Commercial Property for sale in Indio, CA

for $1,600,000.

. Well established building with many long term tenants. Front units are modified gross. Almost fully rented. Many improvements to building in last year. New roof, several new A/C units, new flooring in several units and all trim painted. Security cameras installed and gates upstairs. Large parking lot in back of building. Extra lot 60x 100, adjacent to it, included, which is zoned commercial as well.

Commercial Active

Price

^$ 1,600,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Town/City

Indio

County/Region

Riverside

MLS | Web ID

219033051PS

Days on Market

1,641

Features

General

Heating ForcedAir

Utilities UndergroundUtilities

Roof Clay Tile

Zoning C-O

Property SubType MixedUse

Tax Year 2018

Business Type MultiTenant ProfessionalOffice

Building Name Granada Building

County Riverside

Net Operating Income 144000.0

Insurance Expense 33000.0

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Garage Y/N N

Special Listing Conditions Standard

Status Active

Directions Great location right on Hwy 111 between Madison and Monroe.

City Indio

View Y/N N

Senior Community Y/N N

MLS Area 699 - Not Defined

Lot Size Square Feet 36590.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Listing Terms Conventional OwnerWillCarry OwnerMayCarry

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 1119

Standard Status Active

Property Sub Type Additional MixedUse

Cap Rate 8.0

Exterior

Lot Features SprinklersTimer SprinklerSystem

Lot Size Area 36590.0

Number of Buildings 1

Spa N

Lot Size Units SquareFeet

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 2

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N Y

Fireplace Y/N N

Electric On Property Y/N N

* Excluded Features

List By

Orangehill Realty

Broker

(909) 307-1008

Phone

Affordability Calculator

$11,176

Per Month

Monthly Principal & Interest: $11,176
Monthly Property Taxes: --
Monthly Home Insurance: --

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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 Indio, CA

Average List Price ^$1,528,952

Percent of Sale Price 4%

About Indio, CA

89,268 Population

69% Since 2002

^$50,199 Median Income

34.96 Median Age

34% 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
3/12/2023	$1,600,000		Listed Price

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*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 4/30/2024. 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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Commercial: MLS #219033051PS

Commercial Property for sale in Indio, CA

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