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$795,000
Est. payment /mo
5,240 SqFt
UPDATED:
11/20/2024 04:01 AM
Key Details
Property Type Commercial
Sub Type Warehouse
Listing Status Active
Purchase Type For Sale
Square Footage 5,240 sqft
Price per Sqft $151
MLS Listing ID 219109815
HOA Fees $5,240
HOA Y/N No
Year Built 2020
Lot Size 9.680 Acres
Acres 9.68
Property Description
Located in Thermal, in the heart of the agricultural belt and close to the North Shore of the Salton Sea, it is a rare investment opportunity. Located about 20 miles from Indio off of Hwy 86 this property is ideal for produce storage, packing & shipping along with general manufacturing, processing and assembly activities. The original owner was a collector, and keep antique furniture and classic cars in this 5,240 Sq Ft foot treasure chest. It has four 10 x 12 foot roll up doors, three drive in level, one off of a huge loading dock. There are two water systems on site, a natural well and city water well. There is an office, plus rest rooms. The structure only uses 10% of the fenced in 9.68 acre site between the Mountains to the East and dramatic lake front views on the West. Ideal for additional equipment storage within the fenced in acreage. With all of the new construction going on, it is ideal for a developer to store his building materials, appliances, toilets, sinks, AC's etc. during a two or three year build out of the residential lots and even sub-dividing the land to the
south of the warehouse.. Wall it off and easily place two dozen homes in the shadow of the wall with both Mountain and lake views. This could be a 5 year buildout. With the Lithium mining now coming into play there will be a much higher demand for affordable homes than never before, the Salton Sea is coming back. The State & big money are behind this serious mining project now kicking off.
south of the warehouse.. Wall it off and easily place two dozen homes in the shadow of the wall with both Mountain and lake views. This could be a 5 year buildout. With the Lithium mining now coming into play there will be a much higher demand for affordable homes than never before, the Salton Sea is coming back. The State & big money are behind this serious mining project now kicking off.
Location
State CA
County Riverside
Area 317 - Valerie Jean, Oasis, Desert Shr, Salton Cty
Others
Acceptable Financing Conventional
Listing Terms Conventional
Special Listing Condition Standard
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Listed by Desert Sotheby's International Realty
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