52565 Cesar Chavez Street, Coachella, CA 92236
$6,300,000
Property Type:
Commercial Sale
Square Footage:
23,400
Lot Size (sq. ft.):
72,745
Status:
Closed
Current Price:
$6,300,000
List Date:
3/31/2025
Last Modified:
8/28/2025
Description
Introducing a premier 23,400 sq. ft. retail plaza boasting over 500 feet of coveted Main Street frontage in the vibrant core of Coachella. Built in 2008, this high-visibility center is anchored by 13 long-term tenants and maintains a strong 96% occupancy rate, making it a well-established landmark in one of the city's most active commercial corridors.
With consistent foot traffic, a strategic location, and a proven tenant mix, this property offers an exceptional opportunity for investors seeking stable income or operators aiming to expand in a dynamic, growth-oriented market. Currently offered at a 6.5% cap rate, this plaza delivers the ideal balance of location, performance, and long-term potential.
More Information MLS# 219127522
Listing, Location and Property Info
Entry Date: 2025-03-30
Business Type
Retail: 1
Expenses
Total Monthly Rent: 52096
Total Expenses: 193185
Income
Gross Monthly: 52096
Net Profit: 431967
Sale Type
Standard: 1
Financing
Owner May Carry: 1
Disclosures
Building Plans Available: 1
Other: 1
Listing Location and Property Info
APN: 768402020
Status: Closed
Listing Date: 2025-03-30
Original List Price: 7000000
Sold Price: $6,300,000
Current Price: $6,300,000
Property Sub-Type: Retail
Street #: 52565
Street Name: Cesar Chavez
Street Suffix: Street
County: Riverside
State: CA
Zip Code: 92236
Area: 315 - Coachella
Country: US
General Property Information
Approx SqFt: 23400
SqFt Source: Assessor
Lot Size: 72610
Lot Acres: 1.67
Lot Size Source: Assessor
Year Built: 2008
Status Change Info
Status Change Date: 2025-08-28
Pending Date: 2025-06-18
Closed Date: 2025-08-22
Closed Price: 6300000
Property Features
Business Type: Retail
Sale Type: Standard
Financing: Owner May Carry
Disclosures: Building Plans Available; Other
Listing Office:
Keller Williams Realty
Listing Agent:
Brian Ferguson
Last Updated: August - 28 - 2025
Information deemed reliable but not guaranteed.
