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82530 Highway 111, Indio, CA 92201

Commercial property for sale

  • Description
  • Castle City is a 24,000 sf facility originally built as a Restaurant/Entertainment Facility but in today's Indio market is better suited as a mixed use property combining Restaurant/Entertainment with Office/Government/Institutional/ Commercial or Retail use. Indio has grown from a small town of 36,793 people in 1990 to the largest city in the Palm Springs Valley 80,000 people today. The property is also located diagonally across the street from the Larson Justice Center, the County of Riverside Court House and the Indio Police and County Sheriff's Departments. This 24,000 square foot building, built in 1996,cost $3,100,000 to build using 50,000 cast cement blocks, 37 tons of 60 grade steel rebar, 900 yards of 6:5 mix cement and 70,000 SF. of beams and lumber, The property is being offered at $141.67 psf which is close to the original cost of construction. The downstairs 12,000 sq,.ft. is occupied by Las Casitas Mexican Restaurant and Rock-A-Fire Pizza both of which are seasoned, long term tenants. The upstairs 12,000 sq.ft.is serviced by stairway, service elevator and passenger elevator and was formerly occupied by a Mexican Restaurant/Nightclub. This is ideal space for just such a use but would also lend itself for use as professional office space to accommodate the attorneys and legal staff people that are constantly working at the Larson Justice Center across the street. The property is located across from the Coachella Valley Date Festival Grounds in Indio, close to the polo fields and many golf courses, on Highway 111 which is the main thoroughfare connecting Palm Springs to the West to Indio to the East. The property is also just a short distance from the Interstate 10 Freeway that links Los Angeles (2 hour drive to the West) to Phoenix (a 4 hour drive to the East). Building price details: $2,500,000.
  • Property Details
  • Property Type: Retail
    Use Types: Hospitality, Office
    Status: Available
    Price: $ 104 +/SF
    Year Built: 1996
    MSA: Riverside-San Bernardino-Ontario
    Zoning: Comm
    Buildings: 1
    Terms: Cash to Seller
    Added: 01/28/2012
    Last Update: 06/11/2012
  • Exterior Features
  • Parking: Yes
    Parking Spaces: 120
  • Contact info
  • 760-578-1466 [Office]
  • Note

  • Details Info about this row that located on 82530 Highway 111, Indio, CA 92201 was got from trusty sources, but All Foreclosures Homes can't guarantee that details about listing price, status, facts, images and owner are correct, because this listing can be changed or removed from market without notice. If You need to receive additional details about this property try to ask directly listing agent or owned.

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