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5.53 Acres Lot
$ 1,950,000
Est. payment | /mo
5.53 Acres Lot
Key Details
Property Type Commercial
Listing Status Pending
Purchase Type For Sale
MLS Listing ID 219108642DA
HOA Y/N No
Year Built 1958
Lot Size 5.530 Acres
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.
Location
State CA
County Riverside
Area 699 - Not Defined
Interior
Fireplace No
Exterior
Utilities Available Electricity Connected, See Remarks
Building
Story 1
Others
Tax ID 610030028
Acceptable Financing Cash, Submit
Listing Terms Cash, Submit
Special Listing Condition Standard
Listed by Kate Rust • Wilson-Meade Commercial Real Estate
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Jennifer Lucero
Broker Associate | Lic# 01956495