Description
Have you read the news? Almost every major newspaper and magazine has published an article on the boom in our Hi Desert communities. Our communities are growing with tourist and new business. This incredible opportunity should appeal to a broad range of tenants. Over 5,460+ square feet located just feet off the corner of State Highway 62 and State Highway 247 with easy access to both. Located behind Chase Bank. 10 units of office and retail space are fully rented. Seller has approved plans for an expansion to provide private bathrooms to each unit. Property is in great condition. As the name implies, there is a large courtyard in the center of this U-shaped building. What a great spot for a indoor/outdoor restaurant? Or just keep the current tenants and enjoy the cash flow. Offered at a 6.5% CAP rate. Rarely vacant, this is a great income generator. Owner may carry. Take the time to come and stand on this magnificent opportunity and see for yourself.
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0BEDS
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0.62ACRES
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0BATHS
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01/2 BATHS
School Ratings & Info
Description
Have you read the news? Almost every major newspaper and magazine has published an article on the boom in our Hi Desert communities. Our communities are growing with tourist and new business. This incredible opportunity should appeal to a broad range of tenants. Over 5,460+ square feet located just feet off the corner of State Highway 62 and State Highway 247 with easy access to both. Located behind Chase Bank. 10 units of office and retail space are fully rented. Seller has approved plans for an expansion to provide private bathrooms to each unit. Property is in great condition. As the name implies, there is a large courtyard in the center of this U-shaped building. What a great spot for a indoor/outdoor restaurant? Or just keep the current tenants and enjoy the cash flow. Offered at a 6.5% CAP rate. Rarely vacant, this is a great income generator. Owner may carry. Take the time to come and stand on this magnificent opportunity and see for yourself.
Based on information from California Regional Multiple Listing Service, Inc. as of 2022-06-27T23:26:43.34. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Latrice Deluna Homes | Anvil Real Estate. Licensed in the State of California, USA.