$749,900
571 N Palm Avenue
Hemet, CA 92543
1982
Year Built
Riverside
County
Industrial
Property Type
About this home
Excellent Owner-User or Investment Opportunity! Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,700 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20’ x 12’ bay doors ideal for equipment access and workflow efficiency. Includes a ±1,200 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 10.92%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning flexibility.
Property Details
Architecture
Features & Amenities
Property Features
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Mortgage Estimate
$3,991/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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