Value-Add Retail Opportunity | Former Big Lots | Hemet, CA

2093 & 2087 E Florida Ave, Hemet, CA 92544

Property Information

  • For Sale Contact for pricing
  • Property Type Retail
  • Property Size 28,017 SF
  • Lot Size 2.11 Acre
  • # of Floors 1
  • Parking Spaces Avail. 106
  • Parking Ratio 3.78 / 1,000 SF
  • Property Tenancy Multi-Tenant
  • Year Built 1984
  • Date Updated May 15, 2026
  • Visibility/Traffic Count (VPD) 27,500

Description

 

Owner-User or Value-Add Flexibility: Multi-tenant retail center offers optionality for occupancy, re-tenanting, or repositioning.

  • ±27,500 Daily Vehicles on Florida Ave: Situated along Hemet's primary commercial thoroughfare with approximately 27,500 vehicles per day.
  • Signalized Corner with Dual Frontage: 735 feet on E Florida Avenue and 542 feet on S Yale Street at a signalized, high-visibility corner.
  • Strong Surrounding Retail Environment: National retailers, QSRs, and essential service providers nearby drive consistent consumer traffic.
  • 100K+ Residents and $82K+ Avg Income: Over 180,000 residents within five miles with continued residential and retail expansion in Hemet.
  • ±2.11-Acre, C-2 Zoned Retail Parcel: Generous lot size and commercial zoning support diverse retail uses and potential reconfiguration.

RealINSIGHT Marketplace, in partnership with Matthews Real Estate Investment Services, is pleased to present 2087–2093 E Florida Avenue, a ±28,017-square-foot multi-tenant retail property located on ±2.11 acres at the signalized corner of E Florida Avenue and S Yale Street in Hemet, California. Built in 1984 and zoned C-2, the property offers ±735 feet of frontage on Florida Avenue and ±542 feet on Yale Street, providing exceptional dual-street visibility along Hemet's busiest commercial corridor. The center is surrounded by a dense retail environment anchored by national tenants, quick-service restaurants, and essential service providers that generate consistent consumer traffic. The property's flexible layout, ample parking, and broad zoning make it well suited for owner-users, developers, or investors seeking repositioning or redevelopment opportunities. Supported by over 180,000 residents and average household incomes exceeding $70,000 within a five-mile radius, the site benefits from a growing Inland Empire submarket with sustained residential and retail expansion.

Auctioneer Name: Emilio Lemeni

Auctioneer License ID: 00961384

Starting Bid:$450,000

Contacts

RI Marketplace Marketing

RealINSIGHT Marketplace

Location

Contact Listing Broker
RI Marketplace Marketing

RealINSIGHT Marketplace

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