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Rod and Lisa Manke
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RodLisaManke@
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DRE# 01155436
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Cathedral City CA Real Estate & Commercial for Sale

4 Properties Found

The median home value in Cathedral City, CA is $402,500. This is lower than the county median home value of $503,500. The national median home value is $308,980. The average price of homes sold in Cathedral City, CA is $402,500. Approximately 51% of Cathedral City homes are owned, compared to 30% rented, while 19% are vacant. Cathedral City real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you like to see a property, contact Cathedral City real estate agent to arrange a tour today!
Learn more about Cathedral City.


1–4 of 4 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219112526DA
Type:
Retail, Business Opportunities
Lot size:
0.41 Acres
Year built:
1991
Listing Agent: Darrell Phillips - Keller Williams Realty Darrell Phillips darrellaphillips@aol.com
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This commercial income investment offers a robust Cap Rate of 8.5% with minimal operating expenses and has maintained 100% rental occupancy over the past 24 months. The property features a 6,250 SF building situated on an 18,730 SF lot, providing approximately 20 parking spaces. Building is in full compliance with ADA codes.The building comprises two suites of approximately 1,185 SF and 5,065 SF, including common areas. It currently houses two tenants: a Barber/Hair Salon and a Cannabis Testing Lab. The hair salon's lease is month to month, asking for a new 5 year lease, while the Cannabis Testing Lab has 3-year lease, started May 1st 2024, rent is $14,490 monthly. Starting May 1st 2025 next 2 years rent reduces to $10,500 monthly. This well-maintained building has undergone extensive remodeling inside and out to accommodate the cannabis testing lab. The Lab owner has spent over $500,000 on improvements Including new flooring, upgraded electrical panel, wiring, and lighting throughout, with new plumbing, new A/C units and duct work, and a new roof. Tenants are responsible for their own repairs and maintenance.The property includes five bathrooms, break rooms, storage areas, newly built-in trash containers, and landscaped areas. It is ideally located on Date Palm Drive in the heart of Cathedral City.The location is surrounded by commercial amenities such as Starbucks, Applebee's, AutoZone, El Pollo Loco, and is near Palm Springs Airport and the I-10 freeway.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219102682PS
Type:
Business Opportunities
Lot size:
0.21 Acres
Listing Agent: Kayla Toohey - Coldwell Banker Realty
View additional info

Elevate your investment portfolio with 69450 Ramon Road in Cathedral City- a NNN lease property featuring a fully leased dental office. This prime 1031 exchange opportunity promises a solid investment in a thriving location.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219097268DA
Type:
Retail, Business Opportunities
Lot size:
7.51 Acres
Listing Agent: Susan Harvey - Desert Pacific Properties Susan Harvey susan@dppllc.com
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80,633 SF Building on 7.51 acres. Signalized intersection. Easy access to Interstate 10 and major arterial roads. Excellent building signage including freestanding pylon signs. New Amazon Last-Mile Distribution Center next door. Amazon deployed over $40 million in capital improvements to the area and will provide $7.7 million a year in salary, benefits and revenue for the city. Previous owner invested $3 million in renovations, including polished floors, 13 new HVAC systems, Title 24 compliant LED lighting, 13 newly installed bathrooms and two broadband halos with 77 access points capable of handling up to 2,800 simultaneous Wi-Fi subscribers. Additional 28,000 square lot available for expansion. Also available for lease for $0.90/SF/MO NNN.

Beds:
n/a
Baths:
Sq.Ft.:
6,214
Status:
Active
MLS#:
SB23118101
Type:
Industrial, Business Opportunities
Lot size:
0.4 Acres
Year built:
1978
Listing Agent: Sarkis Ter-Minasyan CalDRE: 02062179 - Craft & Bauer Real Estate Co., 818-572-9557 Sarkis Ter-Minasyan CalDRE: 02062179
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A remarkable opportunity awaits in the bustling Cathedral City GREEN ZONEan established Opportunity Zonewith this 6,214 sq. ft. industrial asset set on a 17,424 sq. ft. lot. Occupied by a solid Auto Body Shop under a 5-year NNN lease, this investment assures an unburdened cash flow, with the tenant responsible for all property expenses including taxes, insurance, and maintenance.The lease comes with a 5% + CPI annual increase clause, promising a rising income stream that maximizes your investment year over year. The NNN structure of the lease underscores a hassle-free investment, allowing you to enjoy the full benefits of the property's earnings without the need for hands-on management.Nestled in a pro-cannabis city, the property offers versatile use, whether you choose to continue with the existing auto body shop or explore opportunities in the evolving cannabis sector. Its prime location in an Opportunity Zone not only fosters operational growth but also amplifies fiscal gains through potential tax benefits.With a commitment to providing financial clarity and transparency, the comprehensive rent roll will be disclosed to interested buyers, outlining the structured progression of returns. This property is a testament to enduring value and potential in the heart of Cathedral City's industrial district.Seize this exclusive chance to integrate a truly turnkey asset into your investment portfolio. Discover the intersection of secure tenancy, financial growth, and strategic location with this industrial offering in Cathedral City.

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The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.

Based on information from CRISNet MLS as of 6/13/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
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