2700 W Florida
Hemet, CA, 92545 $ 4,200,000
Bedrooms-- Baths-- Sq 16,653 Monthly Estimate*
$ 26,519
Listed by STEVEN SHIH, KO TAI REALTY, forest.shih@gmail.com
for $4,200,000. This 16,653 square foot building was built in 1974 on a lot size of 1.16.
46-Unit Motel-Investment / Redevelopment Opportunity!!! Two-story, 46-unit motel with a manager's office situated on a large, approximately 50,530 SF lot, with approximately 16,653 SF of building area. The city has shut down the motel, and it is not operational. Property is being sold strictly in its present AS-IS, where-is condition, with no repairs or improvements to be made by Seller. This property may offer potential for conditional motel use, redevelopment as a shopping center, retail/commercial project, or other permitted use subject to all applicable governmental approvals. The buyer is solely responsible for conducting all investigations and verifying with the appropriate City department regarding zoning, Conditional Use Permit (CUP), licenses, permits, building conditions, code requirements, redevelopment possibilities, and whether the property may legally be reopened and operated as a motel or used for any other purpose. Seller and listing agent Broker/Agent make no representations or warranties, express or implied, regarding the physical condition of the property, existing or future use, zoning, permits, licenses, Conditional Use Permits, or the City's approval of any porposed use or redevelopment.
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FeaturesGeneralHeating See Remarks
Cooling See Remarks
Utilities Electricity Connected Natural Gas Connected Sewer Connected Water Connected
Roof See Remarks
Zoning C
Construction Materials Frame Stucco
Year Built 1974
Property Subtype Hotel/Motel
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions East of S. Sanderson Ave west of Kirby street
City Hemet
Number Of Units Total 46
MLS Area SRCAR - Southwest Riverside County
Lot Size Units Square Feet
Lot Size Square Feet 50530
Listing Terms Cash
Land Lease Y/N false
Current Financing None
Additional Parcels Y/N false
Lease Considered Y/N true
Building Area Units Square Feet
Standard Status Active
Occupancy Type Vacant
Property Sub Type Additional Hotel/Motel
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InteriorTotal Stories 2
Air Conditioning Y/N true
Heating Y/N true
Laundry Features See Remarks
Entry Level 1
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ExteriorFencing Block Chain Link
Lot Features Flag Lot Lot Over 40000 Sqft Level Rectangular Lot
Water Source Public
Lot Size Area 50530
Number of Buildings 1
Building Area Total 16653
Lot Size Acres 1.16
Lot Size Source Assessor
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* Excluded FeaturesList Byforest.shih@gmail.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $26,519
- Monthly Property Taxes
- --
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% 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.
Learn more about how to save NearbyCommerical listings in Hemet, CA
Average List Price $1,079,117
Percent of Sale Price 74%
About Hemet, CA 83,932 Population
39% Since 2002
$ 36,927 Median Income
38.24 Median Age
29% Households with Children
Trends Information provided by ATTOM Data Solutions.
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/16/2026 | $4,200,000 | | Listed Price |