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Cathedral City, CA 92234
$1,950,000
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This commercial income investment offers a robust Cap Rate of 8.5% with minimal operating expenses and has maintained 100% rental occupancy over the past 24 months. The property features a 6,250 SF building situated on an 18,730 SF lot, providing approximately 20 parking spaces. Building is in full compliance with ADA codes.The building comprises two suites of approximately 1,185 SF and 5,065 SF, including common areas. It currently houses two tenants: a Barber/Hair Salon and a Cannabis Testing Lab. The hair salon's lease is month to month, asking for a new 5 year lease, while the Cannabis Testing Lab has 3-year lease, started May 1st 2024, rent is $14,490 monthly. Starting May 1st 2025 next 2 years rent reduces to $10,500 monthly. This well-maintained building has undergone extensive remodeling inside and out to accommodate the cannabis testing lab. The Lab owner has spent over $500,000 on improvements Including new flooring, upgraded electrical panel, wiring, and lighting throughout, with new plumbing, new A/C units and duct work, and a new roof. Tenants are responsible for their own repairs and maintenance.The property includes five bathrooms, break rooms, storage areas, newly built-in trash containers, and landscaped areas. It is ideally located on Date Palm Drive in the heart of Cathedral City.The location is surrounded by commercial amenities such as Starbucks, Applebee's, AutoZone, El Pollo Loco, and is near Palm Springs Airport and the I-10 freeway.
Thermal, CA 92274
$350,000
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This is a great and unique property, zoned area is C1 light commercial(buyer to verify) with the county of Imperial. Lot size and home sq ft to be verified by buyer. This is a great opportunity to start a business.
Thermal, CA 92274
$795,000
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Located in Thermal, in the heart of the agricultural belt and close to the North Shore of the Salton Sea, it is a rare investment opportunity. Located about 20 miles from Indio off of Hwy 86 this property is ideal for produce storage, packing & shipping along with general manufacturing, processing and assembly activities. The original owner was a collector, and keep antique furniture and classic cars in this 5,240 Sq Ft foot treasure chest. It has four 10 x 12 foot roll up doors, three drive in level, one off of a huge loading dock. There are two water systems on site, a natural well and city water well. There is an office, plus rest rooms. The structure only uses 10% of the fenced in 9.68 acre site between the Mountains to the East and dramatic lake front views on the West. Ideal for additional equipment storage within the fenced in acreage. With all of the new construction going on, it is ideal for a developer to store his building materials, appliances, toilets, sinks, AC's etc. during a two or three year build out of the residential lots and even sub-dividing the land to the south of the warehouse.. Wall it off and easily place two dozen homes in the shadow of the wall with both Mountain and lake views. This could be a 5 year buildout. With the Lithium mining now coming into play there will be a much higher demand for affordable homes than never before, the Salton Sea is coming back. The State & big money are behind this serious mining project now kicking off.
Blythe, CA 92225
$129,800
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Centrally Located less than a block from Hobsonway in the Middle of Town. This two bedroom plus bonus room could be used as your office. Offering a large yard and 4 covered carports. This one is already zoned commercial and pretty much ready to move in. Why rent when you can have this at a price more affordable than you think or buy it for a rental investment!!!
Indio, CA 92201
$1,950,000
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The 5.53-acre property is located at 81-201 to 81-211 Indio Blvd., Indio, California. Formerly a Texaco station* in the 1950's with a walk-up fast-food business 'Burger Box'.Development consists of four buildings, a Billboard and 5 contractors' yards. Three of the buildings are leased to automotive related businesses and the other is home to the iconic 1954 Burger Box walk-up restaurant. The four buildings total +/-8,656 sq. ft. all located on a large 5.53-acre, single APN parcel. The site also has a large open area, which would be ideal for additional contractor's yards or future development. FAR-1.0/55'/3 stories. (see attached zoning ordinance for all information). Property served by septic system installed in 2022. All buildings separately metered. 1 water meter on site. The sale also comes with the Burger Box restaurant and all fixtures.All tenants are on a month to month lease with a total monthly income of $8,283.00.Buyer to do its own due diligence. Zoned Light Industrial; R&D, office uses, Industrial Parks, light manufacturing, warehouse and distribution (see attached zoning). Wilson Meade does not guarantee its accuracy but believe we have secured the information from reliable sources. See attached OM for all information.
Desert Hot Springs, CA 92240
$3,700,000
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Relax Hotel & Spa at 67485 Hacienda Avenue is an investment opportunity to own a mineral hot springs 40 room hotel in the heart of Desert Hot Springs, California. The hotel's location offers some of the most incredible views in the area and special benefits for being in the opportunity zone. The subject property comprises a 40-room resort and spa with spa treatment rooms, owners/managers units, and generous potential poolside areas for quiet relaxation. The Relax Hotel & Spa has a welcoming lobby, front desk, back office, storage rooms, and a large pool with the potential to add outside spa areas. A popular spot for group retreats, the spacious resort rooms are designed with a warm modern touch and feature individual HVAC units, interior kitchenettes, and top-notch fixtures. Strategically located in Desert Hot Springs, known to have the world's best source of fresh hot mineral water for drinking to help aid nutrition and bathing to improve circulation and located within the Coachella Valley, in the foothills of Joshua Tree National Park in Southeastern California, a premium tourist destination for those seeking an authentic spa experience, the tranquility of the natural desert environment, and the therapeutic benefits of its mineral-rich waters.
Palm Springs, CA 92262
$2,850,000
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The COYOTE INN is an exclusive Spanish Mission style resort located in the heart of the Historic Tennis Club Neighborhood considered the beating heart of Downtown Palm Springs. The nearly two dozen Boutique Inns located here are the core of the Tennis Club's identity & have been the destinations on the annual ''Christmas Holiday Walk of the Inns.'' The Coyote Inn offers seven captivating suites, all with fireplaces, kitchenettes or a full kitchen & private outdoor patio space. In addition to the seven guest accommodations there is a one Bedroom owners apartment and office. All guest suites open to a very charming center courtyard with a bubbling fountain, salt water pool, spa, BBQ/bar area, fire-pit and palapas for lounging in the shade. The western mountain views are absolutely astounding and the location is stellar!
Indio, CA 92201
$2,022,750
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8,091 SF building consisting of seven medical office condos located on the JFK Memorial Hospital campus. Four suites are leased and income-producing and available for sale. Three suites totaling 2,710 SF are vacant and available for lease or sale. Located on Indio's medical corridor, and surrounded by other medical facilities such as JFK Memorial Hospital, Halo Diagnostics, Quest Diagnostics, Kaiser Permanente, LabCorp, and Desert Oasis Healthcare. Excellent visibility on Doctor Carreon Blvd. Brochure can be downloadable in the 'Document' tab.All or Part. Available for sale or lease as follows: For Sale: Suite 1A - 529 SF: $132,250; For Sale or Lease: Suite 2 - 2,872 SF: $718,000 / $1.60/SF/MO NNN; For Sale or Lease: Suite 3 - 691 SF: $172,750 / $1.60/SF/MO NNN; For Sale or Lease: Suite 4 - 1,289 SF: $322,250 / $1.60/SF/MO NNN; For Sale or Lease: Suite 5 - 1,295 SF: $323,750 / $1.60/SF/MO NNN; For Sale: Suite 6A - 691 SF: $172,750; For or Lease: Suite 6B - 724 SF: $181,000 / $1.60/SF/MO NNN;
Thermal, CA 92274
$1,650,000
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Corner of Harrison and Ave 54 11.98 Acres with an office building. Decades Long successful Retail Tractor business. Shopping Center, Retail Center, Industrial, Multi-Family, Casino are Possibles. Commercial Industrial ZoningOpportunity Zone Jacqueline Cochran Regional Airport I-10 freeway and Hwy 86 AccessCell Tower Lease in place as income.

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