Kate Rust 7604091532

401 S 3rd St 46,868 SF Specialty Building Offered at $500,000 in Blythe, CA 92225

INVESTMENT HIGHLIGHTS

This is a vacant and distressed property being sold “as-is”.
The expansive property has been abandoned for years, it is up to the buyer to do their own investigations

The subject property has never been operated by owner or used for any purposes.
There are nine buildings on the 10+-acre site with an abundance of allowed uses for future value-add.

EXECUTIVE SUMMARY

This distressed, vacant property is being sold as-is. The owners have never operated or occupied this property. It is up to the buyer to do all of their own investigations. Nine buildings, all built in 1965, are on over 10 acres. The site is located at 401 S 3rd Street in Blythe, CA, within the County of Riverside. It is fully fenced but currently not secured.

Utilities to the site (in the street (buyer to verify)) include electricity, natural gas, domestic water, telephone, and internet (none are known to be operating on-site). 401 S 3rd Street is zoned P/QP: Public/Quasi Public (please see the link to this ordinance in the Offering Memorandum). Some of the allowed uses are Public Admin services, schools, churches, hospitals, vet hospitals, a local jail, a museum, postal services, public maintenance, a library, and utility operations.

The seller can only accept an offer contingent upon the successful cancellation of the current escrow.

View the Zoning Map

View the Public Zoning Permitted Uses

View the Plat Map

View the City of Blythe General Plan - City Map

View the Blythe Roadway Traffic

View the PIS, MDS, and Asbestos Reports

PROPERTY FACTS

Price	$500,000	Lot Size	10.37 AC
Price Per SF	$10.67	Building Size	46,868 SF
Sale Type	Owner User	No. Stories	1
Sale Conditions	Distress Sale Deferred Maintenance High Vacancy Property Building in Shell Condition	Year Built	1965
Property Type	Specialty	Tenancy	Single
Property Subtype	Religious Facility Specialty Police Fire Station Specialty Schools Specialty Shelter	Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Building Class	C

Price	$500,000
Price Per SF	$10.67
Sale Type	Owner User
Sale Conditions	Distress Sale Deferred Maintenance High Vacancy Property Building in Shell Condition
Property Type	Specialty
Property Subtype	Religious Facility Specialty Police Fire Station Specialty Schools Specialty Shelter
Building Class	C
Lot Size	10.37 AC
Building Size	46,868 SF
No. Stories	1
Year Built	1965
Tenancy	Single
Opportunity Zone	Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.