135 AveHemet, CA 92543

Property Details for 135 Ave

Year built

1957

Lot size

1.21 AC

Property size (Sq ft)

6,000 SF

Property type

Other mixed-use properties

Property subtype

Mixed-use properties

Description

This exceptional mixed-use property, located at 135 Avenue in Historic Downtown Hemet, California, presents a unique investment opportunity. Boasting 6,000 square feet on a 1.21-acre lot, this building enjoys prime visibility on Highway 74 (Florida Avenue), at the southwest corner of Harvard and Florida Avenues. Daily traffic counts range from 60,000 to 80,000 vehicles, ensuring high exposure for any business. The main level comprises 4,500 square feet of interior space, featuring offices and restrooms conveniently situated along the perimeter. A substantial rear parking lot provides ample space for customers and employees. Its strategic location next to a thriving sports bar and pool hall further enhances its appeal. The property's zoning allows for diverse uses, including restaurants, retail, distribution centers, call centers, and entertainment venues. An additional 2,000 square feet of space is available upstairs, separately, and could potentially be used as living quarters, given the downtown zoning. The upstairs also includes two restrooms. The building's history includes a period as a bank and later a lounge. Exterior features include a beautiful large cement patio, a lawn, and historic palm trees wrapping around the corner. The City of Hemet's initiative to support the development of commercial kitchens in the downtown area makes this property particularly attractive. Furthermore, a significant development project across the street, encompassing a four-story theater with entertainment, dining, and recreation options, is planned around the existing Historic Hemet Theater, promising increased foot traffic and enhanced neighborhood vibrancy. The asking price is $4,200.

Location Insight

City

Hemet

County

Riverside

State

California

Latitude

33.8024

Longitude

-116.986

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