334 S D St - Storefront FOR SALE


Perris, CA 92570
$3,500,000 USD
818-903-9448
334 S D St, Perris, CA for Sale
$3,500,000 USD
Storefront - FOR SALE
1/7
null | 4.7% Cap Rate

334 S D St
Perris, CA 92570


HIGHLIGHTS

  • This exceptional multi-building commercial portfolio is strategically located in Downtown Perris. Please do not disturb or contact tenants.
  • Please contact listing agents for more information.

OVERVIEW

Prime Downton Perris Commercial Portfolio. 10 units across 4 Buildings. A rare opportunity to acquire 4 commercial buildings totaling 10 individual units located in the heart of the City of Perris' Downtown Redevelopment Area. This portfolio includes the historic Lerner Warehouse Building, offering character, visibility, and strong potential for repositioning or long term cash flow. With most units currently leased at rents far below market value, this portfolio offers significant upside for investors. The ability to adjust rental rates to market standards, combined with ongoing City redevelopment efforts, positions this asset for major NOI growth and long-term value creation. Situated within a rapidly improving district supported by the City's ongoing revitalization efforts, these properties provide excellent frontage and proximity to civic centers, transit, and future development. Ideal for investors seeking multi-tenant commercial income, value-add potential, or participation in the area's long-term growth. Whether utilized for retail, office, creative space, or adaptive reuse, this exceptional multi-building offering represents one of the most strategically located commercial opportunities in Downtown Perris.

FOR SALE DETAILS

PRICE

$3,500,000 USD

PRICE/SF

$257 USD /SF

CAP RATE

4.7%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront

ADD'L SUBTYPES

Storefront Retail/Office, Warehouse, Department Store

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1950

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.48 AC

LAND SF

20,800 SF

ZONING

C2, Perris

APN/PARCEL ID

313-081-033,313-081-034,313-081-035,313-111-001

ASK ABOUT THIS PROPERTY

Allen KoblinReal Estate Innovations, Inc.More Info
818-903-9448

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Allen KoblinReal Estate Innovations, Inc.More Info
818-903-9448

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.