For Sale
$525,000

45861 Salton St Indio, CA 92201

High-Yield Multi-Tenant Investment in Indio

Overview

Added:
Feb 3
Days on market:
80
This exceptional 5-unit commercial property, situated on a 0.29-acre lot at 45861 Salton Street in Indio, California, presents a compelling investment opportunity. The property boasts a diverse tenant mix, with four units occupied by long-term tenants. These include a well-established barber shop, a thriving karate studio, and two units leased to a carpet and tile business. The fifth unit, previously used for church services, has undergone recent renovations exceeding $8,000 in improvements. This unit also benefits from a recent remodel. Each unit is equipped with its own restroom, with the karate studio featuring two restrooms. Significant recent upgrades include the complete replacement of all plumbing lines running from the rear of the units to the city sewer system within the last year. Furthermore, the carport located behind the carpet and tile unit has a newly installed roof. The property's strategic location, just a short distance from the county courthouse, ensures high visibility and accessibility. The asking price for this income-generating property is $525,000. This represents a strong return on investment given the long-term tenants and recent upgrades. The property's diverse tenant base and prime location make it an ideal addition to any investment portfolio. This is a rare opportunity to acquire a well-maintained, multi-tenant commercial property in a thriving area.

Property Details for 45861 Salton St

Property type
Commercial real estate
Lot Size (sq. ft)
12,632 SF

Location Insight

City
Indio
County
Riverside
State
California
Latitude
33.71556
Longitude
-116.2129

FAQs

What type of property is this?
Commercial real estate - High-Yield Multi-Tenant Investment in Indio
Where is the commercial real estate located?
The property is located at 45861 Salton St Indio, CA.
What is the asking price?
The asking price for this property is $525,000.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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45861 Salton St
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