$837,500
$900,000
6.9%For more information regarding the value of a property, please contact us for a free consultation.
SOLD DATE : 06/25/2024
Key Details
Sold Price $837,500
Property Type Commercial
Sub Type Mixed Use
Listing Status Sold
Purchase Type For Sale
MLS Listing ID NDP2403690
Sold Date 06/25/24
HOA Y/N No
Year Built 1947
Property Description
The nearby freeway access is the 10 just to the south and the 60 just to the west. The subject city is bounded by the cities / areas of Calimesa to the north, the county area to the south, Norton Younglove Reserve to the west, and Banning to the east. The neighborhood boundaries are as follows: Brookside Ave to the north, the 10 freeway to the south, Highland Springs Ave to the east and the 10 freeway to the west. It is located near all services and conveniences. The subject site consists of 2 parcels, 417-042-003 & 004, with Parcel 03 having 28,314 sq ft, or 0.65 acres, having the structures and parking lot, then to the rear is Parcel 04 having 5,227 sq ft, or 0.12 acres, having several utility easements on site, currently being used as vacant land (non buildable), having a grand total lot size of 33,541 sq ft, or 0.77 acres. The subject site is a level lot, fronting Veile Ave (non-traffic), siding to the north Eighth St (non traffic), siding to the south Sixth St & The 10 freeway on-ramp (traffic), is typical in size, being irregular in shape, having an estimated 627 ft of street frontage, and on 219 ft of traffic street frontage, giving good exposure to drive-by customers. The subject site has complete hardscape, landscape, having an estimated 31 spaces of a fairly large concrete parking lot being accessed off Veile Ave. The subject site is located towards the end of the sixth street, where the 10 freeway merges, having many commercial retail, and office uses along sixth street, therefore being fairly conforming. All public utilities, electric (2 meters), water (2 meters), gas (2 meters) & sewer, were on site. The subject zoning is currently CM (Commercial Manufacturing). The subject has 3 one story office buildings on site, spanish style, of wood frame construction, tile and composition roofing, raised and slab foundations. The first building is Unit-A, having 1,542 sq ft, 2 bathrooms, central heat and a/c, the second building is Unit-A 1/2, being a studio apartment, having 522 sq ft, 1 bathroom, both built in an estimated 1932, then to the rear is Unit-B, having 3,198 sq ft, 2 bathrooms, built in an estimated 1948, central heat and a/c, having a grand total gross building area (GBA) of 5,262 sq ft.
Location
State CA
County Riverside
Area 263 - Banning/Beaumont/Cherry Valley
Zoning CM
Interior
Fireplace No
Building
Lot Description 0-1 Unit/Acre, Corner Lot
Story 1
Others
Tax ID 417042003
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Bought with Annette Fraley • SYNERGY ONE REAL ESTATE SVCS.