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Nacha Subramanian
Direct Office:
510-579-4385
nacha@nacharealestate.com
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Nacha Subramanian
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Direct Office:
510-579-4385
nacha@
nacharealestate.com
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Cathedral City CA Real Estate & Commercial for Sale

1 Properties Found

The median home value in Cathedral City, CA is $400,000. This is lower than the county median home value of $503,500. The national median home value is $308,980. The average price of homes sold in Cathedral City, CA is $400,000. Approximately 51% of Cathedral City homes are owned, compared to 30% rented, while 19% are vacant. Cathedral City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Cathedral City real estate agent to arrange a tour today!
Learn more about Cathedral City.


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Beds:
n/a
Baths:
Sq.Ft.:
6,214
Status:
Active
MLS#:
CRSB23118101
Type:
Business Opportunities
Lot size:
0.4 Acres
Year built:
1978
A broker reciprocity listing Courtesy: Sarkis Ter-Minasyan - Craft & Bauer Real Estate Co. Sarkis Ter-Minasyan sarkis@novagroup.la
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A remarkable opportunity awaits in the bustling Cathedral City GREEN ZONEan established Opportunity Zonewith this 6,214 sq. ft. industrial asset set on a 17,424 sq. ft. lot. Occupied by a solid Auto Body Shop under a 5-year NNN lease, this investment assures an unburdened cash flow, with the tenant responsible for all property expenses including taxes, insurance, and maintenance. The lease comes with a 5% + CPI annual increase clause, promising a rising income stream that maximizes your investment year over year. The NNN structure of the lease underscores a hassle-free investment, allowing you to enjoy the full benefits of the property's earnings without the need for hands-on management. Nestled in a pro-cannabis city, the property offers versatile use, whether you choose to continue with the existing auto body shop or explore opportunities in the evolving cannabis sector. Its prime location in an Opportunity Zone not only fosters operational growth but also amplifies fiscal gains through potential tax benefits. With a commitment to providing financial clarity and transparency, the comprehensive rent roll will be disclosed to interested buyers, outlining the structured progression of returns. This property is a testament to enduring value and potential in the heart of Cathe

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Bay East ©2022. CCAR ©2022. bridgeMLS ©2022 . Information Deemed Reliable But Not Guaranteed. This information is being provided by the Bay East MLS, or CCAR MLS, or bridgeMLS. The listings presented here may or may not be listed by the Broker/Agent operating this website. This information is intended for the personal use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated at 4/16/2024.

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