1260 S State, Hemet, CA 92543

Property Description

Owner will carry loan. Level, chain-link fenced commercial (C-1) lot on growing south side of Hemet. 3/4 acre parcel near heavily-developed State and Stetson intersection. Close to Stater Market, Wells Fargo Bank, K-Mart, Sprout's Market, Starbucks and the Hemet Department of Motor Vehicles office. Many neighborhood stores and restaurants draw large numbers of shoppers. High traffic count on State Street entering and leaving Hemet. This lot is the second one north of signalized Thornton and State Streets. Curbs, gutters, sidewalk front the parcels along State St. This parcel has a 150 foot State Street frontage with a 231 foot depth--an excellent rectangular configuration. Check with the City if interested in a possible split. GREAT FINANCING!! Owner will carry back loan with $20,000.00 down, the balance payable $600.00 per month, including 6% interest per annum. All principal and interest due in 5 years. On these terms there would be a balloon payment.