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83778 Avenue 45

7,060 SF Industrial Building Indio, CA 92201 $1,570,000 ($222/SF)

Investment Highlights

  • Fenced Yard
  • Income generating property
  • Outdoor storage permissible (verify)
  • Freeway accessible

Executive Summary

Prime industrial property with established commissary and lucrative vehicle storage. Opportunity for a buyer to continue with the commissary operations or repurpose the property of another industrial use. Active licensing with the Department of Health allowing (24) permits to independent ice cream operators (mobile food facility). Operators purchase from existing commissary and store vehicles on-site. These (24) operators are required by law to purchase from commissary. Vehicles are connected to property’s electricity when not in use. Excess land provides buyer an opportunity to lease out space for vehicle parking, generating additional income.
Take over lucrative ice cream commissary business and additional income generated through month-to-month lease of ice cream trucks and other vehicles.
Property is roughly 1,250 SF of front office/storage and (2) private restrooms. There is approximately 5,800 SF of warehouse space with, 1,000 SF cold storage/freezer.

Property Facts

Price $1,570,000
Price Per SF $222
Sale Type Investment or Owner User
Property Type Industrial
Property Subtype
Distribution
  • Industrial Manufacturing
  • Industrial Refrigeration ColdStorage
  • Industrial Warehouse
Building Class B
Lot Size 0.52 AC
Rentable Building Area 7,060 SF
No. Stories 1
Year Built 1980
Tenancy Single
Parking Ratio 4.25/1,000 SF
Clear Ceiling Height 15’
Opportunity Zone Yes

Amenities

  • Cooler
  • Fenced Lot
  • Freezer (Space)
  • Signage
  • Yard

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
611-392-036
Land Assessment
$167,326
Improvements Assessment
$446,206
Total Assessment
$613,532

zoning

Zoning Code IH (Heavy Industrial (IH) zone. Manufacturing, construction/material storage yards, indoor warehouse, storage, distribution.)
IH (Heavy Industrial (IH) zone. Manufacturing, construction/material storage yards, indoor warehouse, storage, distribution.)
  • Listing ID: 31752846

  • Date on Market: 5/9/2024

  • Last Updated:

  • Address: 83778 Avenue 45, Indio, CA 92201

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