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$800,000 Sale Pending
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Property Description
This is an opportunity to purchase a well designed drive thru restaurant on the busiest street in the city of Hemet, CA. Restaurant is currently dark.
Excellent opportunity for a regional or national franchise to enter the market area at a low entry point. Property offers tremendous upside potential and is located in close proximity to a multitude of different employers and businesses such as Walgreens, Hemet Valley Medical Center, United States Postal Service, Oasis Valley Church, Big Lots, Bank of Hemet, and Wells Fargo just to name a few.
Full Property Details
Full Property Details for 1531 E Florida Ave
General
- Price: $800,000
- Status: Pending
- Type: Retail
- Source: MRMLS
- MLS ID: PW20110790
- Updated: 11/6/2024
- Days on Market: 1685 days
- Added to Site: 1, 685 day(s) ago
Business
- Business Type: Fast Food, Restaurant
Rooms
Other Rooms
- Laundry: None
Parking
- Uncovered Spaces: 40
Location
- County: Riverside
- Driving Directions: Located on Florida Ave just east of San Jacinto
Structural Information
- # Buildings: 1
- Entry Floor Number: 1
- Stories/Levels: 2
- Building Size: 3241
- Square Feet: 3,241
- Year Built: 1987
- Year Built Source: Estimated
Unit Information
- Occupancy Rate: Vacant
Lot Features
- Lot Size (Acres): 0.64
- Useable Acres: .64
- Lot Size (Sq. Ft.): 27,878
- Lot Size Source: Assessor
- Lot Features: Lot 20000-39999 Sqft, Rectangular Lot, Level
- Lot Description: Lot 20000-39999 Sqft, Rectangular Lot, Level
Financial Considerations
- Price Per Sq. Ft.: $246
Disclosures and Reports
- Property ID: 445270006
Listed by Keller Williams - Downtown, PatrickSharples
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Schools
Schools serving 1531 E Florida Ave
School District:Hemet Unified School District
Rating | Name | Grades | Distance |
---|---|---|---|
935 E Campus Way, Hemet, CA 92543 | K-5 | 0.5 mi | |
1200 E Acacia Ave, Hemet, CA 92543 | 6-8 | 0.3 mi | |
3401 Mustang Way, Hemet, CA 92545 | 9-12 | 3.6 mi |
Disclaimer: School ratings provided by
GreatSchools. Ratings are on a scale of 1-10.
Learn more about GreatSchools ratings.
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 1531 E Florida Ave
Date
Details
Price
Change
Source
10/20/2022
Sold
$1,418,000
77.25%
Public Record
6/09/2020
Listed
$800,000
—
MLS
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 1531 E Florida Ave
Year
Property Taxes
Change
Tax Assessment
Change
2024
$16,526
1%
$1,446,360
2%
2023
$16,316
3%
$1,418,000
3%
2022
$15,796
52%
$1,372,504
54%
2021
$10,368
—
$892,500
—
2020
$10,360
2%
$892,500
-30%
2019
$10,134
-30%
$1,273,454
11%
2018
$14,468
10%
$1,150,000
—
2017
$13,185
10%
$1,150,000
13%
2015
$12,004
3%
$1,020,000
—
2014
$11,685
-10%
$1,020,000
-10%
2013
$12,989
—
$1,130,979
—
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 1531 E Florida Ave
1531 E Florida Avenue, Hemet, CA 92544 (MLS# PW20110790) is a Retail property. 1531 E Florida Avenue is currently listed for $800,000 and was received on June 09, 2020. Want to learn more about 1531 E Florida 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.