42604 Aegean St - Warehouse FOR SALE


Indio, CA 92203
$1,499,999 USD
760-485-1033
42604 Aegean St, Indio, CA for Sale
$1,499,999 USD
Warehouse - FOR SALE
1/13
null | 5.16% Cap Rate

Mar '26


42604 Aegean St
Indio, CA 92203


HIGHLIGHTS

  • Ideal For An Owner-User or Investor
  • Automotive Zoning (in high demand)
  • Seller Financing Potentially Available
  • Easy Freeway Access

OVERVIEW

Ideal for an owner-user or investor, this single-tenant commercial property is located in North Indio with convenient access to the I-10 Freeway, providing strong regional connectivity and visibility. The property is currently occupied; however, the tenant has been given notice and the building will be delivered vacant by March 1, 2026, offering a clear path for owner-user occupancy or re-tenanting. Situated on Regional Commercial (RC) zoning, the site allows for a broad range of commercial uses including retail, restaurant, service, entertainment, and visitor-serving uses. Automotive-related uses are also permitted (buyer to verify specific use), enhancing the property’s flexibility and long-term marketability. Constructed in 2005, the ±5,155 square foot building features single tenancy, making it well-suited for an owner-user, franchise operator, or investor seeking a repositioning opportunity. Seller financing is available, creating additional flexibility for qualified buyers. City of Indio GIS Map: https://www.indio.org/departments/community-development-department/gis-map Highlights: 1. Vacant by March 1, 2026 Tenant has been given notice, allowing for planned owner-user occupancy or lease-up strategy. 2. Regional Commercial (RC) Zoning Supports retail, restaurant, service, entertainment, and visitor-serving uses near major freeway corridors. 3. Automotive Uses Allowed Adds flexibility and demand drivers (buyer to verify permitted uses). 4. Single-Tenant Building ±5,155 SF, ideal for owner-users, franchise concepts, or value-add investors. 5. Built in 2005 Modern construction relative to surrounding inventory. 6. North Indio Location Easy access to I-10 and surrounding commercial development. 7. Potential For Seller Financing Available Enhances deal structure flexibility and buyer pool. 8. High-Demand Automotive Zoning Automotive-permitted sites are increasingly scarce due to local zoning restrictions, making this property especially attractive and positioning it as a highly sought-after asset within the North Indio market. 9. Strong Investment Metrics (Proforma) Projected Lease Rate of $1.25/SF + NNN, delivering an estimated NOI of $77,325 and a 5.16% Cap Rate, offering stable cash flow with long-term upside. Regional Commercial (RC) — Permitted (P) Uses. Partial List does not include Administrative Use Permits (AUP); Conditional Use Permits (CUP); Temporary Use Permits (TUP); Accessor Use (AU) and Not Permitted (X). See fully zoning information and verify with the City of Indio’s Planning Department for accuracy. Agriculture / Animal: *Greenhouse, Private Automobile & Vehicle: *Auto and Vehicle Rental *Auto and Vehicle Sales, New *Auto and Vehicle Sales, Used *Auto and Vehicle Services and Repair – Minor *Auto and Vehicle Washing and Detailing *Auto and Vehicle Wrecking/Dismantling Cannabis *(No cannabis uses are permitted by right in RC — all require CUP or are prohibited) Eating, Drinking & Entertainment *Bar/Nightclub/Lounge *Brewpub/Taproom/Wine Bar *Microdistillery *Restaurant, Dine-In and Take-Out *Restaurant, Drive-Through *Theater/Performing Arts Center *Indoor Entertainment (Accessory Use) Industrial / Manufacturing / Trade *Artisan Manufacturing / Makerspace *Construction and Materials Yards *Wholesaling, Distribution *Manufacturing / Processing, Light Recreation, Education & Public Assembly *Indoor Commercial Recreation and Sports *Community Assembly (up to 5,000 sq ft) *Cultural Institutions *Day Care Centers *Instructional Services (= 5,000 sq ft) *Open Space, Natural *Parks and Recreation Facilities *Public Service Facility Retail, Business & Office: *Adult-Oriented Businesses *Animal Sales and Services *Banks, Financial, and Savings and Loan *Building Materials Sales and Service *Business to Business Support Services *Check-Cashing Businesses *Food Preparation, Commercial *Fortune-Telling, Palm and Card Reading *Funeral Homes and Mortuaries *General Retail = 5,000 sq ft *General Retail 5,000 – 25,000 sq ft *Grocery Store *Hospital *Kennels/Boarding, Commercial *Kiosk / Outdoor Vending *Laundromat *Massage Establishment (Accessory Use) *Medical Services, Extended Care *Medical Clinics *Medical Services, Urgent Care *Mini-Storage Warehouse or Facility *Neighborhood Market *Nursing/Gardening Center *Offices (Processing) *Offices, Service *Offices, Professional / Administrative *Outdoor Display (Accessory) *Pawnshops *Personal Services *Research and Development *Smoke Shops *Swap Meet (Outdoor, Temporary) *Tattoo / Body Art / Piercing *Resale / Consignment / Thrift Shop *Veterinary Hospitals Utilities, Transportation & Infrastructure *Communication Facilities *Freight / Trucking Facility *Light Fleet-Based Services *Mobile Recycling Units *Parking Lots and Structures *Public Utilities, Minor *Renewable Energy System (Primary Use) *Renewable Energy System (Building-Mounted – Accessory) *Renewable Energy System (Stand-Alone – Accessory) *Recycling Processing Facility *Reverse Vending Machines (Accessory) *Utility Yard

FOR SALE DETAILS

PRICE

$1,499,999 USD

PRICE/SF

$291 USD /SF

CAP RATE

5.16%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Aegean Automotive Building

PROPERTY TYPE

Industrial

PROPERTY SUBTYPE

Warehouse

ADD'L SUBTYPES

Auto Repair, Distribution, Light Distribution

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2005

UTILITIES

-

CLEAR CEILING HT

16 Ft

DOCKS

-

DRIVE INS

2

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.35

LAND SF

15,294

ZONING

Regional Commercial (RC)

APN/PARCEL ID

610-310-004

ASK ABOUT THIS PROPERTY

Steve SanchezEquity Union CommercialMore Info
760-485-1033

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Steve SanchezEquity Union CommercialMore Info
760-485-1033

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