571 N Palm Avenue, Hemet

$749,900

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0.47

Acres

About 571 N Palm Avenue

Excellent Owner-User or Investment Opportunity! Well-located commercial property with a current Conditional Use Permit for auto dismantling and repair, offering exceptional flexibility for a wide range of industrial and service-oriented uses. The approximately 5,700 SF building features an efficient layout with two private offices (approx. 250 SF each), each with its own restroom, plus three oversized 20’ x 12’ bay doors ideal for equipment access and workflow efficiency. Includes a ±1,200 SF storage area with a large sliding door adds valuable functionality. Situated on a fully fenced 20,473 SF lot, the property provides ample on-site parking and secure yard space, making it well-suited for light industrial, warehouse, contractor, automotive, or service-based operations. The building is owner-occupied and will be delivered vacant at close, creating an ideal opportunity for an owner-user or a value-add investor. With a projected 10.92%+ cap rate, this asset offers strong fundamentals, immediate usability, and long-term upside in a desirable commercial location. A rare opportunity to acquire a versatile commercial property with income potential and repositioning​​‌​​​​‌​​‌‌​​‌​​​‌‌​​​​​​‌‌​‌‌​​‌​​​‌‌​ flexibility.

Features of 571 N Palm Avenue

MLS® # SW26018992
Price $749,900
Bathrooms 0.00
Acres 0.47
Year Built 1982
Type Commercial Sale
Sub-Type Industrial
Status Active

Community Information

Address 571 N Palm Avenue
Area SRCAR - Southwest Riverside County
City Hemet
County Riverside
Zip Code 92543

Amenities

Utilities Electricity Connected, Natural Gas Connected, Water Connected
Is Waterfront No
Has Pool No

Interior

Has Basement No
Fireplace No
# of Stories 1

Exterior

Exterior Metal Siding
Lot Description ZeroToOneUnitAcre, Level, Paved, Rectangular Lot, Street Level
Construction Metal Siding

Additional Information

Date Listed January 25th, 2026
Days on Market 186
Zoning C-2
Foreclosure No
Short Sale No
RE / Bank Owned No

Listing Details

AgentDavid Limon
OfficeYour Home Selling Pros

Listing Map

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