54385 N CIRCLE Drive, Idyllwild, CA 92549
$2,000,000
Property Type:
Commercial Sale
Lot Size (sq. ft.):
145,055
Status:
Closed
Current Price:
$2,000,000
List Date:
3/06/2015
Last Modified:
5/12/2026
Description
For the Investor it is important to know & understand the vibrancy & economic impact of Idyllwild. Idyllwild is located just 2 hours from Los Angeles or San Diego or a short drive from Palm Springs & Riverside. The village of Idyllwild is a bustling busy year around destination. From seasonal festivals, concerts or just a getaway the town is continually busy. This is a wonderful vibrant property in the middle of the bustling business district with great food, unique shops and art galleries in the beautiful town of Idyllwild. The site consists of 2 Parcels. The front Parcel of 2.07 acres contains the retail development consisting of a total of 14 rental units which are all rented. The rear Parcel of 1.26 acres is flat and suitable for additional development. Property can be viewed at any time. Please call Listing Agents prior to showing. There is no sign on the Property. PLEASE DO NOT DISTURB THE TENANTS. ANY questions are to be directed to the Listing Agents.
More Information MLS# 15883785
Listing, Location and Property Info
Entry Date: 2015-03-03
General Property Information
Zoning: C-P-S
Lot Size: 132100
Lot Acres: 3.33
Lot Size Source: Other
Year Built: 1960
Cross Streets: Cedar Street
Listing Info
Accounting Type: Actual
Ownership Type: LLC
Tax Info
Parcel Master: -1053473427
Property Info
Building # of Stories: 1
# Units: 14
# Buildings: 6
Building Status: Existing
Business Type
Retail: 1
Expenses
Annual Resident Manager Expense: 0
Income
Effective Gross: 108000
Gross Operating: 108000
Gross Schedule Rents: 108000
Net Profit: 75000
Sale Type
Standard: 1
Business Info
Cooling: No
Heating: Yes
Investment Property: Yes
Laundry Equipment: No
Lease Type: Gross
Retail Center Type: Community/Specialty
Sale or Lease: Sale
Total Tenants: 14
Year Established: 1960
Listing Terms
Owner May Carry: 1
Financing
Owner May Carry: 1
Asset Class
Specialty: 1
Parking Spaces/Information
Park Name: Mile High Plaza
Commercial License
None: 1
Land Use
Retail: 1
Electric
Standard: 1
Listing Location and Property Info
APN: 563292003
Status: Closed
Listing Date: 2015-03-03
Original List Price: 2800000
Sold Price: $2,000,000
Current Price: $2,000,000
Street #: 54385
Street Direction: N
Street Name: CIRCLE
Street Suffix: Drive
County: Riverside
State: CA
Zip Code: 92549
Area: 222 - Idyllwild
Status Change Info
Status Change Date: 2015-12-29
Pending Date: 2015-12-05
Closed Date: 2015-12-29
Closed Price: 2000000
Property Features
Business Type: Retail
Sale Type: Standard
Financing: Owner May Carry
Listing Terms: Owner May Carry
Asset Class: Specialty
Commercial License: None
Land Use: Retail
Electric: Standard
Listing Office:
Bennion Deville Homes
Listing Agent:
Fred Straeter
Last Updated: May - 12 - 2026
Information deemed reliable but not guaranteed.
