Active
82950 Highway 111
Indio CA, 92201
$359,900
$23.99 per sqft
Active
0.34 Acres
Land
Listed by Robert Castro with Arris Properties (760) 771-5475
Property is part of the Downtown Specific Plan. Actual Zoning is DT-N (Downtown Neighborhood) up to 4 stories, walkable urban neighborhood. Large City of Indio parking lot across the street. Seller has old plans for 2-Story Commercial Office building with 8 Suites. The old plan calls for 22 parking space to accommodate 5,536 square feet of rentable space. 15 of the parking spaces are planned on site, the balance of 7 spaces are located in the City of Indio parking lot behind the Applebee's restaurant located at the corner of Smurr & Hwy 111 across the street from the subject property. It may be possible for a new owner to increase the amount of rentable square footage. The zoning allows the structure to be up to 4 Stories in height. The proximity of the County of Riverside Larson Justice Center makes property highly desirable for Commercial Office or Urban Mix Retail/Office use. Buyer should check with City of Indio to verify zoning and possible use, especially as it relates to the City parking lot to possibly qualify higher square footage use.
219110622DA
MLSⓇ ID
April 26, 2024
Listed
April 29, 2024
Updated
Map
82950 Highway 111
Indio CA, 92201
Exterior/Building Features
Lot Size
0.34 Acres
Lot Features
2-5 Units/Acre, Corner Lot, Near Public Transit
Sewer
Unknown
Other Property Details
Area Name
699 - Not Defined
Days on Market
3
Association Fee
Not Listed
Garage
No
Parking Total
0
View
Yes
View Description
City Lights
County
Riverside
Pool
No
Zoning
1OGB82Z9J5VF
Buyer Agency Compensation
2.5%
Listing Contact: (760) 771-5475
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Data last updated on 4/29/2024 at 10:12 PM UTC