162 N San Jacinto St , Hemet, CA 92543

  • $1,790,000
  • $1,875,000
162 N San Jacinto St , Hemet, CA 92543
Active
162 N San Jacinto St , Hemet, CA 92543
162 N San Jacinto St , Hemet, CA 92543
  • $1,790,000
  • $1,875,000

Description

Excellent Opportunity for Owner-User and/or Investor | 8.76% Cap Rate. Rare opportunity to acquire a high-visibility, income-producing commercial property consisting of three parcels with diversified revenue streams and built-in upside. This well-maintained asset offers approximately 10,660 square feet of improvements situated on a combined 28,749-square-foot lot, delivering strong current cash flow with long-term growth potential. The property includes 172 N. San Jacinto St (APN: 445-240-026), leased for 5-year lease with 5% annual rent increases, rent increases from $4,000 to $5,000 in August 2026, providing stable and predictable income. The tenant has invested substantially in a comprehensive security system, enhancing safety and adding value to the entire property. 168 N. San Jacinto St (APN: 445-240-018) features seven fully finished storage units, all rented on a month-to-month basis and generating $6,000 in monthly income, offering flexibility and immediate cash flow with potential for rent optimization. 162 N. San Jacinto St (APN: 445-191-057) is being delivered vacant, allowing a buyer the freedom to occupy, lease, or reposition the space. There is existing tenant interest, but the seller has intentionally kept the unit vacant to maximize buyer’s options and value-add potential. With no deferred maintenance, excellent street exposure, and high traffic visibility, this commercial property supports a compelling 8.76% cap rate and strong return on investment. Ideal for an owner-user, portfolio expansion, or value-add repositioning strategy, this is a rare chance to acquire a well-located asset with solid fundamentals, income stability, and meaningful upside in a desirable commercial corridor.

  • Address 162 N San Jacinto St
  • City Hemet
  • State/county CA
  • Zip/Postal Code 92543
  • Country US

Details

Updated on February 21, 2026 at 12:12 am
  • Property ID: SW26017908
  • Price: $1,790,000
  • Property Size: 10660 Sqft
  • Land Area: 0.66 Acres
  • Garage Size: x x
  • Property Type: Retail, Commercial Sale
  • Property Status: Active

Additional details

  • Listing Terms: Cash,Cash to New Loan,Conventional,Submit
  • Utilities: Electricity Connected,Sewer Connected,Water Connected
  • County: Riverside
  • Property Type: Commercial Sale

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