571 N Palm Avenue, Hemet, CA 92543

Property Description

Excellent Owner-User or Investment Opportunity! Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,700 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20’ x 12’ bay doors ideal for equipment access and workflow efficiency. Includes a ±1,200 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 10.92%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​‌​​​‌‌​​​‌‌‌​​​ flexibility.