1055 Calimesa Blvd, Calimesa, CA for Sale
Bank - FOR SALE
1/2
null | Request Cap Rate

1055 Calimesa Blvd
Calimesa, CA 92320
Downtown Calimesa


HIGHLIGHTS

  • Signalized corner location with strong visibility
  • Zoned Downtown Village Commercial (DVC)
  • ATM drive-thru leaseback provides income
  • Surrounded by schools, retail, and golf course
  • High-income demographics and growing population

OVERVIEW

Strategically located at the signalized intersection of Calimesa Boulevard and Avenue L, this freestanding ±8,065 SF former bank building offers a rare owner-user or redevelopment opportunity in the heart of Calimesa’s Downtown Village Commercial zone. Built in 1983 and situated on a ±1.2-acre parcel, the property features excellent visibility, strong traffic counts, and ample parking with 50 stalls. The site’s zoning supports a wide range of commercial uses, making it ideal for financial services, medical, retail, or professional office conversion. A unique feature of this offering is the seller’s requirement to lease back the existing drive-thru ATM area, providing immediate partial occupancy and income. The building’s single-story layout and corner positioning enhance accessibility, signage potential, and customer convenience. Surrounding amenities include nearby schools, residential neighborhoods, and the Calimesa Country Club & Golf Course. The area’s demographics are strong, with a 7-mile population of over 147,000 and average household incomes exceeding $126,000. With a bid due date of September 30, 2025, this property presents a compelling opportunity for investors and users seeking a well-located asset in a growing Inland Empire community.

FOR SALE DETAILS

PRICE

Request Info for Price

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY NAME

Bank of America

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bank

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

1.2 AC

LAND SF

52,272 SF

ZONING

DVC

APN/PARCEL ID

411-180-023

ASK ABOUT THIS PROPERTY

Philip LyonsCushman & WakefieldMore Info

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Philip LyonsCushman & WakefieldMore Info

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