2750 W Devonshire AVE Active

Hemet,CA 92545

$ 1750000

- Bed

- Bath

6883 SqFt


Key Details

Property Type Commercial

Sub Type Mixed Use

Listing Status Active

Purchase Type For Sale

Square Footage 6,883 sqft

Price per Sqft $254

MLS Listing ID SW24127509

HOA Y/N No

Year Built 1963

Annual Tax Amount $4,685

Tax Year 2023

Lot Size 1.860 Acres

Acres 1.86

Property Description

The Hemet San Jacinto Valley has approximately 167,614 residents in 61.41 square miles and the cities revenue surpasses $110,172,135. Fantastic location on the corner of North Kirby Street and Devonshire Avenue in the City of Hemet. The sale includes the 1.86 acres, nursery and single-family residence. Cagliero Ranch Nursery opened for business in 2003 and is well established in the community. There is a CUP, Conditional Use Permit, to operate as a Nursery. The land is zoned R3, multiple family residential with a maximum 30 (du/ac) dwellings per acre. Land Use designation is (HDR) High Density Residential allowing 18.1-30 (du/ac) dwellings per acre. It's possible to develop up to 55 units, apartments or condominiums. The single-family residence was built in 1963 and features 3 bedrooms, 2 bathrooms, 2883+/- square feet of living space. This home is currently occupied by a tenant. The property has a working well and has City water. Financials are available upon request, please do not disturb the tenants and employees.

Location

State CA

County Riverside

Area Srcar - Southwest Riverside County

Zoning R3

Rooms

Ensuite Laundry Inside

Interior

Laundry Location Inside

Heating Central

Cooling Central Air

Fireplace No

Laundry Inside

Exterior

Fence Chain Link

Utilities Available Electricity Connected,Phone Connected,Sewer Connected,Water Connected

Present Use Commercial,Improved,Residential

Building

Lot Description 36-40 Units/Acre,Corner Lot,Lot Over 40000 Sqft,Level,Rectangular Lot,Flat

Story 1

Water Public,Well

Others

Tax ID 448270013

Security Features Security System,Carbon Monoxide Detector(s),Smoke Detector(s)

Acceptable Financing 1031 Exchange

Listing Terms 1031 Exchange

Special Listing Condition Standard

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