Contacts
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co.
(818) 572-9557
Property Details
- Property Type Industrial
- Property Size 6,214 SF
- Lot Size 0.4 Acre
- Cap Rate % 7.88
- NOI / YR 137900
- Taxes / YR 21875
- Zoning IP - Green Zone
- Property Tenancy Single Tenant
- Building Class C
- Year Built 1978
- Date Updated Dec 6, 2023
- Drive-In Doors 7
- Warehouse Configuration Single Load
- HVAC Other
Attention investors, here lies an exceptional opportunity to acquire a unique, free-standing industrial property in the thriving Cathedral City GREEN ZONE. This 6,214 sq. ft. building is situated on a generous 17,424 sq. ft. lot and holds massive potential for the innovative investor. Currently, this property is perfect for an auto body shop with its street-front visibility, multiple roll-up doors, and a spacious, secure, and fenced yard area. Its strategic design caters to a multitude of business requirements, making it a lucrative choice for investors seeking a flexible, adaptable space. But the true potential lies in its location in a pro-cannabis city. With favorable city tax rates and straightforward guidelines for obtaining permits for cannabis businesses, the transition from an auto body shop to a thriving cannabis operation could be just within reach. Further enhancing its attractiveness is its prime location, providing convenient access to the 10 Freeway and all areas of the Greater Coachella Valley. Positioned in the heart of Cathedral City's industrial area, this property presents a golden opportunity for those willing to leverage its potential. With its flexible use possibilities and potential for growth, this property could be the cornerstone of your investment portfolio. Don't let this chance slip by; schedule your viewing today!
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Highlights
- Cathedral City
Attachments
Getting around
-
48/100
Walk Score ®
-
44/100
Bike Score ®
Location
- City Cathedral City, CA
- Neighborhood Cathedral City
- Zip Code 92234
- Market Inland Empire
Points of Interest
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Palm Springs
9.13 miles
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Arco
0.27 miles
-
Shell
0.82 miles
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Arco
0.98 miles
-
Shell
0.98 miles
-
Shell
2.32 miles
-
Shell
2.66 miles
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Tesla Destination Charger
2.72 miles
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Valero
3.26 miles
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Arco
4.11 miles
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Costco Gasoline
4.41 miles
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Enterprise
3.10 miles
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Desert Car Wash
5.08 miles
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Palm Springs Auto Wash
5.49 miles
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Red Carpet Car Wash
5.63 miles
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Palm Desert Self Service Car Wash
6.23 miles
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Thai Noodles
0.28 miles
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Tony's Burger
0.29 miles
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Taco Bell
0.47 miles
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Runway Bar & Restaurant
0.56 miles
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Carl's Jr.
0.60 miles
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Pizzeria Bambinos
0.63 miles
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Denny's
0.69 miles
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Del Taco
0.88 miles
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Yianni's Taverna & Wine Bar
0.92 miles
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El Pollo Loco
1.11 miles
In-Depth Research Available for this Property
Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.
Contact Listing Broker
Sarkis Ter-Minasyan
Craft & Bauer Real Estate Co.
(818) 572-9557
