2700 W Florida, Hemet, CA 92545
2700 W Florida, Hemet, CA 92545
2700 W Florida, Hemet, CA 92545
2700 W Florida, Hemet, CA 92545
2700 W Florida, Hemet, CA 92545
2700 W Florida, Hemet, CA 92545
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$ 4,200,000
Est. payment | /mo

1.16 Acres Lot


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$ 4,200,000
Est. payment | /mo
Save

1.16 Acres Lot

Key Details

Property Type Commercial

Sub Type Hotel/Motel

Listing Status Active

Purchase Type For Sale

MLS Listing ID WS26200660

HOA Y/N No

Year Built 1974

Lot Size 1.160 Acres

Property Sub-Type Hotel/Motel

Property Description

46-Unit Motel-Investment / Redevelopment Opportunity!!! Property next to Gibbel Park.


Two-story, 46-unit motel with a manager's office situated on a large, approximately 50,530 SF lot, with approximately 16,653 SF of building area.

The city has shut down the motel, and it is not operational. Property is being sold strictly in its present AS-IS, where-is condition, with no repairs or improvements to be made by Seller.

This property may offer potential for conditional motel use, redevelopment as a shopping center, retail/commercial project, or other permitted use subject to all applicable governmental approvals.

The buyer is solely responsible for conducting all investigations and verifying with the appropriate City department regarding zoning, Conditional Use Permit (CUP), licenses, permits, building conditions, code requirements, redevelopment possibilities, and whether the property may legally be reopened and operated as a motel or used for any other purpose.

Seller and listing agent Broker/Agent make no representations or warranties, express or implied, regarding the physical condition of the property, existing or future use, zoning, permits, licenses, Conditional Use Permits, or the City's approval of any porposed use or redevelopment.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning C

Interior

Heating See Remarks

Cooling See Remarks

Fireplace No

Laundry See Remarks

Exterior

Fence Block, Chain Link

Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Water Connected

Roof Type See Remarks

Building

Lot Description Flag Lot, Lot Over 40000 Sqft, Level, Rectangular Lot

Story 2

Water Public

Others

Tax ID 448310025

Acceptable Financing Cash

Listing Terms Cash

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by STEVEN SHIH KO TAI REALTY 626-487-4396, DRE #00905902

Nearby Locations

Preet Sandhu

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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2700 W Florida

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