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54240 Ridgeview Dr
Idyllwild, CA 92549

Office Property For Sale

PROPERTY FACTS

Property Type
Office
Property Subtype
Loft/Creative Space
Building Size
4,820 SF
Building Class
C
Year Built
1980
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
2,410 SF
Building FAR
0.36
Lot Size
0.31 AC
Zoning
C-P-S - Commercial
Parking
20 Spaces (4.15 Spaces per 1,000 SF Leased)

Amenities

  • Courtyard

About 54240 Ridgeview Dr , Idyllwild, CA 92549

The Courtyard building is located at the center of downtown Idyllwild, a beautiful and thriving mountain community located between the Inland Empire and the Coachella Valley. The town has long been a destination for day trip and weekend visitors from all of Southern California, and has increased in popularity over the last few years. This is apparent from the investment and upgrading of commercial properties in the downtown area. Many new restaurants have opened successfully in the last few years, displaying the economic strength of the town. The businesses within this property serve the local community, tourists, visitors, and loyal customers from larger cities just down the mountain from Idyllwild. This landmark Idyllwild property is being offered for sale for the first time, having been owned by the original party since its construction in 1980. The property has been impeccably maintained to meet current standards and expectations from tenants. The owner has handled leasing and property management of the building remotely, resulting in rental rates that are slightly below market. With a more active and creative owner or property manager, the building has significant upside in leasing rates.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
563-313-007
Land Assessment
$306,000
Improvements Assessment
$612,000
Total Assessment
$918,000
  • Listing ID: 16966418

  • Date on Market: 8/19/2019

  • Last Updated:

  • Address: 54240 Ridgeview Dr, Idyllwild, CA 92549

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