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$1,500,000
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Property Description
Prime retail opportunity at a signalized corner in Hemet, CA
This active listing presents a rare chance to acquire a 3,219 square-foot commercial retail building situated on a prominent corner parcel at the signalized intersection of Stetson Avenue and State Street in Hemet, CA.
Key features:
High Visibility & Accessibility: Enjoy excellent exposure and easy access on a major thoroughfare.
Former Bank Branch: Benefit from the existing layout of a former bank, potentially offering turn-key adaptability for various uses.
Signalized Intersection: Positioned at a busy corner with high traffic counts.
Convenient Parking: Features 25 parking spaces, representing a generous 7.77 spaces per 1,000 SF leased.
Strong Retail Corridor: Surrounded by established traffic generators, including Stater Bros, CVS Pharmacy, and Dollar General.
Versatile Potential: Suitable for a variety of uses, including retail owner-user, small investor, or even a food & beverage operation.
Investment Opportunity: Located in an Opportunity Zone, potentially offering preferential tax treatment for investors.
Property Details: Built in 1976 on a 0.31-acre lot, featuring Central heating and a single story structure.
Zoning: Zoned C2 - General Commercial, allowing for a wide range of commercial uses.
Full Property Details
Full Property Details for 103 E Stetson Ave
General
- Price: $1,500,000
- Status: Active
- Type: Retail
- Source: MRMLS
- MLS ID: SW24244353
- Updated: 12/27/2025
- Days on Market: 362 days
- Added to Site: 406 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: From Highway 74 Go South on Stetson at the corner of State and Stetson
Heating & Cooling
- Heating Type: Central
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 3219
- Square Feet: 3,219
- Year Built: 1976
Unit Information
- Occupancy Rate: Occupied
Lot Features
- Lot Size (Acres): 0.31
- Useable Acres: .31
- Lot Size (Sq. Ft.): 13,504
- Lot Size Source: Assessor
- Lot Features: Corner Lot, Desert Front, Lot 10000-19999 Sqft, Level
- Lot Description: Corner Lot, Desert in Front, Lot 10000-19999 Sqft, Level
Financial Considerations
- Price Per Sq. Ft.: $465
Disclosures and Reports
- Property ID: 451080012
Listed by Farnam & Associates Real Estate, FreshtaShalikar
Get Pre-Approved Today
Schools
Schools serving 103 E Stetson Ave
School District:Hemet Unified School District
| Name | Grades | Distance |
|---|---|---|
Mcsweeny Elementary School 451 West Chambers Street, Hemet, CA 92543 | K-5 | 0.5 mi |
Diamond Valley Middle School 291 West Chambers Street, Hemet, CA 92543 | 6-8 | 0.5 mi |
West Valley High School 3401 Mustang Way, Hemet, CA 92545 | 9-12 | 2.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 103 E Stetson Ave
Date
Details
Price
Change
Source
11/07/2025
Price Increased
$1,500,000
7.14%
MLS
8/15/2025
Price Reduced
$1,400,000
-6.67%
MLS
12/06/2024
Listed
$1,500,000
30.43%
MLS
3/26/2024
Sold
$1,150,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 103 E Stetson Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$10,246
-35%
$897,600
-35%
2024
$15,793
1%
$1,388,746
2%
2023
$15,586
2%
$1,361,517
2%
2022
$15,281
2%
$1,334,821
2%
2021
$15,026
1%
$1,308,649
1%
2020
$14,828
4%
$1,295,232
4%
2019
$14,219
1%
$1,244,938
9%
2018
$14,045
8%
$1,147,000
—
2017
$13,047
13%
$1,147,000
15%
2016
$11,529
-1%
$1,000,000
—
2015
$11,669
11%
$1,000,000
8%
2014
$10,513
2%
$925,000
3%
2013
$10,278
—
$900,000
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 103 E Stetson Ave
103 E Stetson Avenue, Hemet, CA 92543 (MLS# SW24244353) is a Retail property. 103 E Stetson Avenue is currently listed for $1,500,000 and was received on December 06, 2024. Want to learn more about 103 E Stetson Avenue? Do you have questions about finding other Retail real estate for sale in Hemet? You can browse all Hemet real estate or contact a Coldwell Banker agent to request more information.

