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28401 Date Palm Drive

Cathedral City, CA 92234
  • $995,000
  • STATUS: Active
  • ON SITE: 60 Days
  • ID#: 320007294
UPDATED: 64 min ago
$995,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,042
    SQFT
  • $246
    $/SQFT
Type:
Commercial
Built:
2002
County:

School Ratings & Info

Description

An excellent owner user or rental opportunity for this business park located in Cathedral City! This 0.4 acre lot with favorable NBP zoning (Neighborhood Business Park) allows for a wide variety of uses including retail, office, medical, dining, etc. The existing building is fully occupied by two established tenants. One side has been leased for $2,250 until Dec 2022, increasing to $3,000 per month thereafter. The other side has been leased to a church for $1,250 [Lease ends in Dec 2021]. Tenants are responsible for all utilities [inside/outside water, electricity, gas, trash and gardening]. Potential for significant upside in rents.

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Based on information from CRISNet MLS as of 2021-10-17T13:56:07.583. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-17T13:56:07.583. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
www.markmoskowitzteam.com/homes/120570710
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28401 Date Palm Drive Cathedral City, CA 92234

  • Price: $995,000
  • Status: Active
  • Updated: 64 min ago
  • ID#: 320007294
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,042
SQFT
$246
$/SQFT
2002
Built
Neighborhood:
335 - Cathedral City North
County:
Riverside
Area:
335 - Cathedral City North
Property Description
An excellent owner user or rental opportunity for this business park located in Cathedral City! This 0.4 acre lot with favorable NBP zoning (Neighborhood Business Park) allows for a wide variety of uses including retail, office, medical, dining, etc. The existing building is fully occupied by two established tenants. One side has been leased for $2,250 until Dec 2022, increasing to $3,000 per month thereafter. The other side has been leased to a church for $1,250 [Lease ends in Dec 2021]. Tenants are responsible for all utilities [inside/outside water, electricity, gas, trash and gardening]. Potential for significant upside in rents.
Exterior Features

Entry Level 0 Parking Total 0.00 Uncovered Spaces 0.00

Interior Features

Largest Contigious Square Footage 0 Office Square Footage 0 Retail Square Footage 0

Property Features

Asset Class Multi-Family Building Status Existing Business Type Retail Industrial Square Footage 0 Insurance Expense 0.00 Land Use OfficeRetail Laundry Income 0.00 Net Operating Income 0.00 Number Of Units Total 0 Operating Expense 0.00 Other Expense 0.00 Real Estate Tax Expense 0.00 Tax Rate 0.00 Tax Year 0 Total Expenses 0.00 Total Monthly Rent 0 Trash Expense 0.00 Vacancy Allowance 0 Water Sewer Expense 0.00

Listing provided courtesy of Alec Bogossian, CA DRE# 02062892, of Johnhart Real Estate.


Based on information from CRISNet MLS as of 2021-10-17T13:56:07.583. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

The information being provided by the CSMAR MLS is for the visitor's personal, noncommercial use and may not be used for any purpose other than to identify prospective properties the visitor may be interested in purchasing. The data contained herein is copyrighted by CSMAR or one of CSMAR's datashare partners, and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited. Any property information referenced on this web site comes from the Internet Data Exchange (IDX) program of the CSMAR MLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information, regardless of source, is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals.

Based on information from the i-Tech MLS as of 2021-10-17T13:56:07.583. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
 
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