52565 Cesar Chavez Street, Coachella, CA 92236 (MLS# 219127522)

52565 Cesar Chavez Street, Coachella, CA 92236

$6,300,000
Property Type: Commercial Sale Square Footage: 23,400 Lot Size (sq. ft.): 72,745 Status: Closed
Current Price: $6,300,000 List Date: 3/31/2025 Last Modified: 8/28/2025

Overview

Description

Introducing a premier 23,400 sq. ft. retail plaza boasting over 500 feet of coveted Main Street frontage in the vibrant core of Coachella. Built in 2008, this high-visibility center is anchored by 13 long-term tenants and maintains a strong 96% occupancy rate, making it a well-established landmark in one of the city's most active commercial corridors. With consistent foot traffic, a strategic location, and a proven tenant mix, this property offers an exceptional opportunity for investors seeking stable income or operators aiming to expand in a dynamic, growth-oriented market. Currently offered at a 6.5% cap rate, this plaza delivers the ideal balance of location, performance, and long-term potential.

Listing Details MLS# 219127522

General Property Information

Approx SqFt
23400
SqFt Source
Assessor
Lot Acres
1.67
Lot Size Source
Assessor
Year Built
2008

Property Features

Business Type: Retail Sale Type: Standard Financing: Owner May Carry Disclosures: Building Plans Available; Other

Listing Location and Property Info

APN
768402020
Original List Price
7000000
Property Sub-Type
Retail
Street #
52565
Street Name
Cesar Chavez
Street Suffix
Street
County
Riverside
State
CA
Zip Code
92236
Area
315 - Coachella
Country
US

Status Change Info

Status Change Date
2025-08-28
Pending Date
2025-06-18
Closed Date
2025-08-22
Closed Price
6300000

Expenses

Total Monthly Rent
52096
Total Expenses
193185

Income

Gross Monthly
52096
Net Profit
431967

More Information

Listing, Location and Property Info

Entry Date
2025-03-30

Business Type

Retail
Yes

Sale Type

Standard
Yes

Financing

Owner May Carry
Yes

Disclosures

Building Plans Available
Yes
Other
Yes
Listing Office: Keller Williams Realty
Listing Agent: Brian Ferguson
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.

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