CATHEDRAL CITY INDUSTRIAL DEALS NOW
- $2,200,000
CATHEDRAL CITY INDUSTRIAL DEALS NOW
- $2,200,000
Description
INDUSTRIAL INVESTMENT OPPORTUNITY – RARE AMAZING LIVE-WORK OPPORTUNITY
68766 Perez Rd Cathedral City, CA 92234 10,629 SF Live-Work Industrial Building $2,200,000 ($206.98/SF) |
Industrial Commercial Live-Work
In a market where traditional industrial space is a commodity, this property is a unicorn. Offering a rare live-work opportunity in Cathedral City, this is a fully-improved investment asset that allows you to live the dream and work the hustle—all under one roof.
Why This Property is a Golden Opportunity
- A Rare Live-Work Masterpiece: Live-work properties are notoriously difficult to find and even harder to replicate. This two-story building features a high-end, 3-bed/2-bath residential apartment upstairs with a stunning kitchen and an outdoor patio perfect for unwinding. Downstairs, you get approximately 8,000 SF of prime commercial space. This is the ultimate “no-commute” lifestyle and a high-value asset class.
- The Three-Unit Power Play: This building is a multi-income-stream asset. It’s a “live-work-and-lease” machine, with two of the three units already generating income. A highly-specialized, fully-improved animal care suite with kennels and a dog salon provides a stable and unique tenancy. The upstairs residential unit is currently leased as well, securing two immediate revenue streams.
- The Value-Add Vacancy: The vacant 2,000 SF ground-floor suite is your immediate opportunity for an owner-user to run their own business or for an investor to bring in a new tenant. This space is a blank canvas, perfect for a studio, retail, or a flex industrial use, allowing you to maximize the property’s potential.
- Opportunity Zone Jackpot: Located in a designated Opportunity Zone, this property offers significant tax advantages for investors. By reinvesting capital gains, you can potentially defer or even eliminate taxes on future appreciation, making this an even more compelling long-term investment.
- First floor retail suite spans approximately 1,700 SF, and is presently vacant – perfect for a variety of light industrial, retail, or office uses. This unit has 3 points of ingress/egress, as well as a private restroom. The other two units are leased.
Investors Priced at just $206.98 per square foot, this property offers incredible value for a mixed-use asset in a market with a historically low industrial vacancy rate. The combination of a highly-desirable live-work configuration, built-in cash flow, and the upside potential of a vacant space makes this a must-see for any investor or entrepreneur looking for a truly unique asset.
✨ Bottom Line: Don’t miss your chance to acquire this exceptional hybrid property that blends lifestyle with a smart investment. Live it, work it, and own it.
For more information and to schedule an exclusive showing, please reach out to the broker. You can also view more of our listings on our website. argossy.com/properties/
Links
Cathedral City Economic Development
Argossy International Properties
Address
Open on Google Maps- Address: 68766 Perez Rd Cathedral City, CA 92234
- City: Cathedral City
- State/county: CALIFORNIA
- Zip/Postal Code: 92234
- Area: Riverside County
Details
- Price $2,200,000