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$1,950,000
Est. payment /mo
8,656 SqFt
UPDATED:
08/07/2024 01:48 PM
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Pending
Purchase Type For Sale
Square Footage 8,656 sqft
Price per Sqft $225
MLS Listing ID 219108642
HOA Y/N No
Year Built 1958
Lot Size 5.530 Acres
Acres 5.53
Property Description
The 5.53-acre property is located at 81-201 to 81-211 Indio Blvd., Indio, California. Formerly a Texaco station* in the 1950's with a walk-up fast-food business 'Burger Box'.
Development consists of four buildings, a Billboard and 5 contractors' yards. Three of the buildings are leased to automotive related businesses and the other is home to the iconic 1954 Burger Box walk-up restaurant. The four buildings total +/-8,656 sq. ft. all located on a large 5.53-acre, single APN parcel. The site also has a large open area, which would be ideal for additional contractor's yards or future development. FAR-1.0/55'/3 stories. (see attached zoning ordinance for all information). Property served by septic system installed in 2022. All buildings separately metered. 1 water meter on site. The sale also comes with the Burger Box restaurant and all fixtures.
All tenants are on a month to month lease with a total monthly income of $8,283.00.
Buyer to do its own due diligence. Zoned Light Industrial; R&D, office uses, Industrial Parks, light manufacturing, warehouse and distribution (see attached zoning). Wilson Meade does not guarantee its accuracy but believe we have secured the information from reliable sources. See attached OM for all information.
Development consists of four buildings, a Billboard and 5 contractors' yards. Three of the buildings are leased to automotive related businesses and the other is home to the iconic 1954 Burger Box walk-up restaurant. The four buildings total +/-8,656 sq. ft. all located on a large 5.53-acre, single APN parcel. The site also has a large open area, which would be ideal for additional contractor's yards or future development. FAR-1.0/55'/3 stories. (see attached zoning ordinance for all information). Property served by septic system installed in 2022. All buildings separately metered. 1 water meter on site. The sale also comes with the Burger Box restaurant and all fixtures.
All tenants are on a month to month lease with a total monthly income of $8,283.00.
Buyer to do its own due diligence. Zoned Light Industrial; R&D, office uses, Industrial Parks, light manufacturing, warehouse and distribution (see attached zoning). Wilson Meade does not guarantee its accuracy but believe we have secured the information from reliable sources. See attached OM for all information.
Location
State CA
County Riverside
Area 311 - Indio Central
Building
Story 1
Others
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
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Listed by Wilson-Meade Commercial Real Estate