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1101 E 1st St - 1101 E 1st Street

4.81 Acres of Commercial Land Offered at $1,575,000 in Beaumont, CA 92223

Investment Highlights

  • Signalized Corner
  • Flexible zoning
  • Owner Will Carry
  • Close proximity to I 10 Freeway
  • Mixed Use

Executive Summary

+/-4.81 ac. Signalized Corner Lot along heavy trafficked passage way. Within walking distance to major Beaumont Shopping center and walk to future Metrolink station on Pennsylvania.
The Owner will Consider Carryback Financing with $300,000 down payment
The lot is Level and contains 2 fire hydrants.
The zoning is TOD Transit Oriented District Overlay-zoning allows for Mixed Use / almost 100 permitted uses and 30 additional with a CUP such as a gas station.
https://beaumontca.gov/DocumentCenter/View/38168/Zoning-Ordinance- see pages 73-86
Zoning is flexible and is ideal for big box store, commercial retail center, medical offices, restaurant-drive through, gas station, condos, townhouses, senior living facility.
There is Partial curb and sidewalk at corner and is +/- 1/3 mile from I-10 on and off ramps on Pennsylvania and close to Potrero St future link to Interstate 79 and I-60.
Owner will consider a Joint Venture

Property Facts

Price $1,575,000
Sale Type Investment
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Apartment Units
Total Lot Size 4.81 AC

1 Lot Available

Lot

Price $1,575,000
Price Per AC $327,443
Lot Size 4.81 AC

+/-4.81 ac. Signalized Corner Lot along heavy trafficked passage way. Within walking distance to major Beaumont Shopping center and walk to future Metrolink station on Pennsylvania. The zoning is TOD Transit Oriented District Overlay-zoning

Description

+/-4.81 ac. Signalized Corner Lot along heavy trafficked passage way. Within walking distance to major Beaumont Shopping center and walk to future Metrolink station on Pennsylvania. The lot is Level and contains 2 fire hydrants. The zoning is TOD Transit Oriented District Overlay-zoning allows for almost 100 permitted uses and 30 additional with a CUP such as a gas station. https://beaumontca.gov/DocumentCenter/View/38168/Zoning-Ordinance- see pages 73-86 Zoning is flexible and is ideal for big box store, commercial retail center, medical offices, restaurant-drive through, gas station, condos, townhouses, senior living facility. There is Partial curb and sidewalk at corner and is +/- 1/3 mile from I-10 on and off ramps on Pennsylvania and close to Potrero St future link to Interstate 79 and I-60.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
418-341-009
Land Assessment
$898,640
Improvements Assessment
$0
Total Assessment
$898,640

zoning

Zoning Code TOD (Transit-Oriented Development (TOD) zoning ordinance is a set of regulations that allow for a mix of uses in close proximity to transit stations.)
TOD (Transit-Oriented Development (TOD) zoning ordinance is a set of regulations that allow for a mix of uses in close proximity to transit stations.)
  • Listing ID: 33939733

  • Date on Market: 11/20/2024

  • Last Updated:

  • Address: 1101 E 1st St, Beaumont, CA 92223

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