Hemet, CA 92543,561 N Palm
Hemet, CA 92543,561 N Palm
Hemet, CA 92543,561 N Palm
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$650,000
Est. payment /mo
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0.59 Acres Lot
New

561 N Palm Hemet, CA 92543

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Key Details

Property Type Commercial

Sub Type Retail

Listing Status Active

Purchase Type For Sale

MLS Listing ID SW26011643

HOA Y/N No

Year Built 1980

Lot Size 0.590 Acres

Property Sub-Type Retail

Property Description

Excellent Opportunity for Owner-User or Investor!
Well-located commercial property offering flexible use and strong income potential. The property features two separate buildings, each approximately 1,800 square feet, with individual entrances and fenced yard space, providing versatility for a variety of business operations. Situated on a generous 25,700-square-foot lot, the property includes large bay doors, ample on-site parking, and efficient layouts well-suited for light industrial, warehouse, contractor, or service-based uses (buyer to verify zoning and permitted uses). Both buildings are currently rented on a month-to-month basis, providing immediate income with an attractive 11.46% cap rate, while also allowing the property to be delivered vacant at close—ideal for an owner-user, expansion, or value-add repositioning strategy. This is a rare opportunity to acquire a flexible commercial asset with strong fundamentals, income stability, and long-term upside in a desirable location.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning C

Interior

Heating None

Fireplace No

Laundry None

Exterior

Fence Wrought Iron

Building

Lot Description Level, Paved, Rectangular Lot, Street Level

Story 1

Water Public

Others

Tax ID 442030021

Acceptable Financing Cash to New Loan, Conventional, Owner May Carry, Submit

Listing Terms Cash to New Loan, Conventional, Owner May Carry, Submit

Special Listing Condition Standard


CRMLS – RECore
Listed by David Limon Your Home Selling Pros 951-445-0691

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Jeanne Heidmiller

Jeanne Heidmiller

Agent | License ID: 01290567

+1(619) 857-9765

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561 N Palm