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Listed by James Turco • NextHome Legacy
$ 3,250,000
Est. payment | /mo
41,403 SqFt
$ 3,250,000
Est. payment | /mo
41,403 SqFt
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 41,403 sqft
Price per Sqft $78
MLS Listing ID CROC24138263
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1985
Lot Size 5.490 Acres
Property Sub-Type Comm Ind For Sale
Property Description
REDUCED! Unique opportunity to purchase 5.49 acres with in-place facilities in a desirable residential area of Hemet. Currently operating as a Church and Zoned S1, the site can utilize the benefits of California SB 4, enacted in 2023 that streamlines housing developments on certain properties and exempts them from environmental review. This applies to sites owned by either religious or educational institutions and must be 100% affordable housing. The law calls for the approval process to take place 90 days after application submission. Surrounded by R1 residential properties the site currently includes 5 buildings totaling 41,403 sf with parking for 223 vehicles and landscape improvements. The property has 296 feet of frontage to Buena Vista Street, 597 feet of frontage to Wesley Place, 230 feet of frontage to Thompson Street and 300 feet of frontage to East Mayberry Avenue with ingress and egress on all four streets surrounding the property. The site is mostly level and slightly above street grade. Existing improvements include planters, fountain, patios and concrete walkways and greenbelt with multiple structures. The property remains an operating religious facility therefore all site tours must be coordinated through the listing agent in advance. There is no For Sale sign on t
Location
State CA
County Riverside
Interior
Fireplace No
Building
Water Public
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Adam Shoop
Broker Associate at Exp Realty | Lic# 1782227