The median home value in Hemet, CA is $395,000.
This is
lower than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Hemet, CA is $395,000.
Approximately 54% of Hemet homes are owned,
compared to 33% rented, while
13% are vacant.
Hemet real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Hemet real estate agent to arrange a tour today! Learn more about Hemet.
Fantastic opportunity to own your own commercial property in East Hemet! Zoned C-P-S. This great property has a gated front entry and covered carport behind the main office building. The office in the front has a kitchenette in the back. Several rooms in the building can be used as private offices. There is a small studio in the back (permits unknown) that was last used as storage. The low maintenance landscaping in the front was just recently done. The building was painted interior and exterior just recently. Building was last used as a tax office. Large signage in the front to perfectly advertise your business! All this and more! Call today to schedule your private tour of this great commercial property.
Welcome to 42151 State Highway 74, Hemet, CA 92544! This exceptional commercial property offers a versatile space that caters to a variety of businesses. Boasting a gym, event center, and restaurant, this property provides endless possibilities for entrepreneurs and investors alike. The gym is equipped with state-of-the-art fitness equipment, making it an ideal space for fitness enthusiasts and personal trainers. The event center offers a spacious and adaptable area, perfect for hosting conferences, workshops, or social gatherings. Additionally, the restaurant space is fully equipped with a commercial kitchen, allowing for seamless operations. Ample parking is available on-site, ensuring convenience for both customers and employees. Don't miss out on this incredible opportunity to establish your business in a prime location with multiple revenue streams. Schedule a viewing today!
Owner will carry with 10% down. This unbelievable opportunity lies directly in the path of development from all sides. This historic structure is known as the Wilson House and was built by the famous architect Jekel over 100 years ago. Historic society in Riverside say a tax discount of 25% is available for any business that maintains the original historic structure. Original imported Italian tile throughout the bathrooms. Fully fenced backyard with a large 2 car garage. Small basement and even a turret type room upstairs. Development opportunities also available with the surrounding land owners. New thoroughfare/walkway is under construction directly across the street. Just 5 minutes from the proposed 8000 home development at Stetson and Fairview.
PRICE DROP! Commercial Land Now Available. Located in Hemet CA, this 2.78 acre lot located off East Florida Ave. is completely flat and all usable. This is a great opportunity for a flagship store, a major anchor store or a commercial/retail plaza developer. This development location would be great for a gas station, car wash, car dealership, you name it! You have access to both city water and electricity. C-P-S Zoning. This Land has all the potential youll need to develop a valuable site that meets you, or your investor clients needs. The opportunities are endless. Buyer is to do all their own due diligence with the County of Riverside. Property is being sold "AS IS".
Proudly offered for sale is 4490 E. Florida Avenue, Hemet, CA consisting of +/-4,047 SF which is located on a signalized corner with average daily traffic count of 19,313 and zoned C2 (General Commercial). The property was used as an office and warehouse for a contractor and allowed uses include office space and many types of retail. The building features a +/- 390 SF warehouse with a rollup door. There are two restrooms and ample office space as well as a full kitchen and lounge area. This sale also includes APN 551-180-016, a +/- 15,682 SF lot. The combined lot size is +/- 24,830 SF and is fully fenced and paved.
Highlights; Unparalleled Current Cap Rate of 6.83%. Owner Recently Executed a New 5 Year Lease With Built-in Rental Increases for Discount Retailer / The offering represents a true value-add asset, with below market rents & month-to-month tenants / Property wide rents average $0.98 PSF/month. / Signalized Corner Lot Anchored by New Taco Bell(NAP) / Neighboring Rental Comparables Illustrate a 90% -95% Occupancy Market Area.Property has tremendous upside with ProForma CAP Rate of 8.08%. DRIVE BY ONLY PLEASE DO NOT DISTURB THE TENANTS.Hemet Town Plaza (the Property), a 58,035 SF singles tory, multi-tenant center located in the city of Hemet, Riverside County, California. The property is ideally located on Florida Avenue a major regional thoroughfare for the immediate trade area. The plaza consists of four separate buildings, situated on (3) parcels, totaling 4.56-acres. The property configuration, visibility, zoning, ample parking, available suites ranging from 750-7,275 Sq. Ft. and strategic location, all contribute, to make the Hemet Town Plaza an ideal location for a diverse tenant base. Surrounding retail properties demonstrate a constant growing market and operate at nearly a 95% occupancy rate. The property is currently 88%+/- occupied with tremendous upside upon leasing out vacant space. The offering represents a true value-add asset, with below market rents, month-to-month tenants and a rare opportunity to reposition a pad building, with a premium location, on Florida Avenue frontage. Potential investor shave the opportunity to produce significant cash-flow, through aggressive management, marketing, continued rehabilitation and stabilization of the asset.
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Based on information from CRISNet MLS as of 4/28/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
