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ActivePrice Reduced 292 days on market

44518 State Highway 74

Hemet, CA 92544

$899,900

$1,200,000

44518 State Highway 74
44518 State Highway 74 photo 2
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+2 more
Beds
Baths
Sq Ft
1.52Acres
1958Built

About This Home

Prime 1.54-Acre Retail Corner – Zoned for Cannabis Dispensary & Cultivation with Shopping Center Upside! Seize this rare and exceptional opportunity to acquire a premier 1.54-acre commercial corner lot in Hemet under Riverside County jurisdiction, strategically zoned CPS (Commercial Retail). This highly versatile zoning unlocks an array of lucrative business uses, most notably a fully permitted zone for Cannabis Dispensary Operations and Cultivation. With premium retail-zoned parcels in high-demand areas becoming increasingly scarce, this asset represents a goldmine for both operators looking to launch quickly and investors seeking a high-yield, recession-resistant asset. Boasting massive street frontage and exceptional visibility, the expansive lot offers ample space for immediate development and future expansion. Capitalize on the property's immense upside potential by developing a multi-tenant shopping center to secure diverse, long-term rental income streams. Whether you want to establish a flagship cannabis operation, build a thriving retail hub, or hold a rare piece of commercial real estate with massive appreciation potential, this property delivers on every front. Don’t miss out on one of the most versatile and valuable commercial lots on the market today!

Property Details

Property TypeSpecialPurpose
Year Built1958
Lot Size1.52 acres
HeatingCentral
PoolNo
MLS #1127168378
Days on Market292 days

Location

Listed by

David Limon

Your Home Selling Pros

MLS# SWLIMODAV

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Based on information from CRMLS. All data is deemed reliable but not guaranteed. Listings marked with the CRMLS icon are provided courtesy of the California Regional MLS. Information is provided for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the consumer may be interested in purchasing.