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Rod and Lisa Manke
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Mobile Phone:
760-220-8088
RodLisaManke@
gmail.com

DRE# 01155436
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Cathedral City CA Real Estate & Commercial for Sale

6 Properties Found

The median home value in Cathedral City, CA is $379,500. This is lower than the county median home value of $409,000. The national median home value is $266,648. The average price of homes sold in Cathedral City, CA is $379,500. 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.


1–6 of 6 properties displayed
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Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219060616DA
Type:
Other
Courtesy: Chris/Shari Hubbard - Bennion Deville Homes Chris/Shari Hubbard
View additional info

Brand new and well designed approximately 3600sq. ft. building specifically constructed for cannabis manufacturing. Incredible opportunity to own a fully licensed manufacturing and distribution facility in the Coachella Valley. This pristine licensed facility can produce distillate, crude and concentrates as well as other packaged products for it's own brand or white labeling. At the current price of THC distillate, if the facility only sold distillate the annual gross revenue generated is 2.5 million. The demand for oil and concentrates has improved and this facility is well positioned to supply a high quality product to more discerning purchasers. Painstaking to detail and engineering has produced a model facility with the finest equipment.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
SR21062761
Type:
Multi-Family
Lot size:
0.24 Acres
Year built:
1979
Courtesy: Laurence Cook - Rodeo Realty
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This property is positioned in an ideal location to take advantage of both the long term and seasonal rental markets! Demand for long term rent in the high desert is booming and seasonal renters can bring a huge influx of income during the prime times of the year. 4 of the 5 units are currently rented by long term tenants with month to month agreements. All units completely renovated last year, one of them in 2021. Two of tenants are planning to move out soon so the rent can be increased to $1500-$1600(unfurnished), for a 12 month lease. One unit is vacant and will likely be rented for $1495 by end of week ending 4/9/21. Units also can be furnished and rented to vacationers. Long term renters appreciate having a furnished unit and you can charge more rent so you always have the option to switch back to longterm. The building has an ideal layout for the combination of long term and seasonal tenants as there is a two story townhouse style unit with its own private yard!! Perfect for vacationers! This building is perched in a prime location close to downtown Palm Springs or El Paseo in Palm Desert. There are several choices for how to enjoy income from this property. With current rent, cap rate would be over 5.1%. Operating expenses listed include property taxes, gardener, pool maintenance, insurance, and management fee of 7%/mo. Upside is 15% and you have the chance to get that right away with two of the units. Don't miss out!

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219057263PS
Type:
Other
Year built:
1982
Courtesy: Adam Gilbert - PRUDENTIAL CALIFORNIA REALTY
View additional info

This is a superb location close to the prime Gene Autry/Ramon Road intersection that offers a lot of visibility. Currently used as a thrift store, it has two stories and high ceilings, which offer a variety of uses.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219055526PS
Type:
Other
Courtesy: Bob Hughes CalDRE: 01341734 - Hughes Properties Inc Bob Hughes CalDRE: 01341734
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Katsu Lawnmower Shop sells, sharpens and services, a wide variety of commercial and residential mowers and lawn equipment. This is an established family business of 33 years with many returning customers. Some of the brands they carry and service are Briggs & Stratton, Honda, Kawasaki & Exmark (licensed Exmark dealer). Centrally located in Cathedral City with parking. Interior space is 3,800 sq ft with an upstairs space that includes a full bath. Real Estate is available to purchase for $700,000. Please call broker for more details on this opportunity and to arrange a showing.This information, while not guaranteed, has been obtained from sources deemed reliable. Buyer must verify the information and bear all risks for any inaccuracies. DRE #01366091 0001521

Beds:
n/a
Baths:
Sq.Ft.:
5,000
Status:
Active
MLS#:
SB20219219
Type:
Retail
Courtesy: George Wang CalDRE: 01751924 - Harvest Realtors, Inc.
View additional info

1. Fully leased with 28.5 years remaining 2. NNN ground lease 3. 5% increase yearly 4. No owner responsibility 5. Current CAP 6 and increase every year.

Beds:
n/a
Baths:
Sq.Ft.:
n/a
Status:
Active
MLS#:
219057448PS
Type:
Other
Courtesy: Bob Hughes CalDRE: 01341734 - Hughes Properties Inc Bob Hughes CalDRE: 01341734
View additional info

Bubba's Bones & Brews is centrally located in Cathedral City with close proximity to surrounding Desert Cities. This American BBQ Gastropub is a favorite place for locals and visitors to enjoy delicious food, craft beers, wine & happy hour in a lively atmosphere. Serving lunch & dinner daily customers enjoy the exceptional service, friendly staff and reasonably priced food. There is outside patio dining, ample parking in parking lot and good street visibility. 47 Liquor license included in sale. #1 restaurant for 2 years in Cathedral City on Yelp. Please call broker for more details on this property and to arrange a showing.

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