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$4,200,000

FOR SALEActive

2700 W Florida

Hemet CA 92545

16,653

SF

HotelMotel

Type

1974

Built

$252/SF

Cost/SF

51 days on marketNalren refreshed

Listing Agent

STEVEN SHIH

Listing Agent

DRE #: 00905902

(626) 487-4396

Brokerage: KO TAI REALTY

Location Analysis

MapProperty Location

About This Property

46-Unit Motel-Investment / Redevelopment Opportunity!!! Property next to Gibbel Park. Two-story, 46-unit motel with a manager's office situated on a large, approximately 50,530 SF lot, with approximately 16,653 SF of building area. The city has shut down the motel, and it is not operational. Property is being sold strictly in its present AS-IS, where-is condition, with no repairs or improvements to be made by Seller. This property may offer potential for conditional motel use, redevelopment as a shopping center, retail/commercial project, or other permitted use subject to all applicable governmental approvals. The buyer is solely responsible for conducting all investigations and verifying with the appropriate City department regarding zoning, Conditional Use Permit (CUP), licenses, permits, building conditions, code requirements, redevelopment possibilities, and whether the property may legally be reopened and operated as a motel or used for any other purpose. Seller and listing agent Broker/Agent make no representations or warranties, express or implied, regarding the physical condition of the property, existing or future use, zoning, permits, licenses, Conditional Use Permits, or the City's approval of any porposed use or redevelopment.

Property Information

Property Overview

Commercial - HotelMotel

Property Type

Active

Status

C

Zoning

1.16 acres

Lot Size

46

Total Units

16,653 SF

Square Footage

$252.21/SF

Price per SF

1,974

Year Built

2

Stories

Property Highlights

N/A Property

Prime Location with High Visibility

Location Analysis

Map

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