$536,000
Indio, CA 92201
Riverside
County
Land
Property Type
Property zoning is DT-SP up to 4 stories, large City of Indio parking lot across the street. Seller has old plans for 2-Story Office building with 8 Suites. Plan calls for 22 parking space for 5,536 SF of space. 15 parking spaces are on site, balance of 7 spaces are located in the City of Indio parking lot behind Applebee's corner of Smurr & Hwy 111 next door. Possible to increase rentable SF. Zoning allows up to 4 Stories. Proximity to Larson Justice Center very desirable for Office or Urban Mix Retail/Office. Buyer to verify zoning use with City of Indio and City parking lot for higher SF use. Some recent inquiries about building restaurant space with a Drive Thru element. City of Indio approved Starbucks building Dev. at corner of Oasis & 111. Building is a Drive-Thru with walk-up window and no seating. The DT-SP zoning does not allow Drive Thru's. City approved the CUP due to the lot's proximity to MUC (Mixed Use Commercial) zoned property (485 LF). Building must be situated within 15 lineal feet of Hwy 111 an approval for CUP could be obtained because the design layout would be consistent and covered under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183 (Finding of Consistency)Subject property is approx. 375 LF from MUC zoned property, with same elements for consistent and covered status under a prior EIR for the City of Indio General Plan 2040, Finding of Consistency for the c/Section 15183
$2,853/mo
20% down · 7% APR · 30-yr fixed
Estimate only. Does not include taxes, insurance, or HOA.
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