54385 N CIRCLE Drive, Idyllwild, CA 92549 (MLS# 15883785)

54385 N CIRCLE Drive, Idyllwild, CA 92549

$2,000,000
Property Type: Commercial Sale Lot Size (sq. ft.): 145,055 Status: Closed
Current Price: $2,000,000 List Date: 3/06/2015 Last Modified: 11/08/2024

Overview

Description

For the Investor it is important to know & understand the vibrancy & economic impact of Idyllwild. Idyllwild is located just 2 hours from Los Angeles or San Diego or a short drive from Palm Springs & Riverside. The village of Idyllwild is a bustling busy year around destination. From seasonal festivals, concerts or just a getaway the town is continually busy. This is a wonderful vibrant property in the middle of the bustling business district with great food, unique shops and art galleries in the beautiful town of Idyllwild. The site consists of 2 Parcels. The front Parcel of 2.07 acres contains the retail development consisting of a total of 14 rental units which are all rented. The rear Parcel of 1.26 acres is flat and suitable for additional development. Property can be viewed at any time. Please call Listing Agents prior to showing. There is no sign on the Property. PLEASE DO NOT DISTURB THE TENANTS. ANY questions are to be directed to the Listing Agents.

Listing Details MLS# 15883785

General Property Information

Lot Acres
3.33
Lot Size Source
Other
Zoning
C-P-S
Year Built
1960
Cross Streets
Cedar Street

Property Features

Business Type: Retail Sale Type: Standard Financing: Owner May Carry Listing Terms: Owner May Carry Asset Class: Specialty Commercial License: None Land Use: Retail Electric: Standard

Listing Location and Property Info

APN
563292003
Original List Price
2800000
Street #
54385
Street Direction
N
Street Name
CIRCLE
Street Suffix
Drive
County
Riverside
State
CA
Zip Code
92549
Area
222 - Idyllwild

Listing Info

Accounting Type
Actual
Ownership Type
LLC

Tax Info

Parcel Master
-1053473427

Property Info

Building # of Stories
Yes
# Units
14
# Buildings
6
Building Status
Existing

More Information

Status Change Info

Status Change Date
2015-12-29
Pending Date
2015-12-05
Closed Date
2015-12-29
Closed Price
2000000

Income

Effective Gross
108000
Gross Operating
108000
Gross Schedule Rents
108000
Net Profit
75000

Business Info

Cooling
No
Heating
Yes
Investment Property
Yes
Laundry Equipment
No
Lease Type
Gross
Retail Center Type
Community/Specialty
Sale or Lease
Sale
Total Tenants
14
Year Established
1960

Listing, Location and Property Info

Entry Date
2015-03-03

Business Type

Retail
Yes

Expenses

Annual Resident Manager Expense
0

Sale Type

Standard
Yes

Listing Terms

Owner May Carry
Yes

Financing

Owner May Carry
Yes

Asset Class

Specialty
Yes

Parking Spaces/Information

Park Name
Mile High Plaza

Commercial License

None
Yes

Land Use

Retail
Yes

Electric

Standard
Yes
Listing Office: Bennion Deville Homes
Listing Agent: Fred Straeter
Last Updated: November - 08 - 2024
Information deemed reliable but not guaranteed.
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