For Sale
$2,200,000

68766 Perez RdCathedral City, CA 92234

Prime Retail & Residential Space

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional Cathedral City property presents a rare live/work opportunity, encompassing a fully improved 10,629 square foot building on a 0.34-acre lot (APN 687-162-011). The property, built in 1981 and zoned IP, features a two-story building with three units. The ground floor offers approximately 8,000 square feet of retail space, currently partially occupied. One vacant 2,000 square foot suite is ideal for an artist studio, retail, or flex industrial use. A second ground floor unit, approximately 6,000 square feet, is leased and fully improved as an animal care facility, complete with kennels, a dog salon, and outdoor recreation areas. Upstairs, a 3-bedroom, 2-bathroom residential unit boasts high-end finishes, a spacious living area, a chef's kitchen, and a private patio with stunning views. This multi-tenant building offers a unique blend of commercial and residential space, perfect for an owner-user seeking a combined live/work environment. The asking price is $2,200,000, translating to $206.98 per square foot of net rentable space (4,629 sq ft). This investment opportunity is situated at 68766 Perez Rd, Cathedral City, CA 92234, in Riverside County. The property's Class B designation reflects its solid construction and functionality. Don't miss this chance to acquire a truly unique and versatile property in a desirable location.

Highlights

  • $2,200,000 asking price for this Cathedral City, CA retail property.
  • 10,629 total square feet, with 4,629 square feet of net rentable space.
  • Located at 68766 Perez Rd, Cathedral City, CA 92234 (APN: 687-162-011).
  • Class B, multi-tenant storefront property with one vacant and two leased units.
  • Features a 3-bed/2-bath apartment and approximately 8,000 square feet of ground floor retail space.

Property Details for 68766 Perez Rd

Property type
Retail properties, Retail space
Square Feet
10,629 SF
Class
B
Year Built
1981
Buildings
1
Stories
2
Lot Size (sq. ft)
14,810 SF
Units
3

Location Insight

City
Cathedral City
County
Riverside
State
California
Latitude
33.7843282
Longitude
-116.4619416
68766 Perez Rd, Cathedral City, California

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68766 Perez Rd
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