$869,900
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!
Facts & features
- Heating
- Central
- Laundry
- None
- Lot size
- 1.52 acres (66,211 sq ft)
- Year built
- 1958
- Area
- SRCAR - Southwest Riverside County
- County
- Riverside
- Status
- Active
- Property type
- Special Purpose
- Days on market
- 318
- Listed
- 2025-08-14
- Original price
- $1,200,000
- Terms
- Cash To New Loan, Owner May Carry, Submit
- Parcel #
- 548092037
- MLS #
- SW25185002
