3982 Coolidge Springs, Thermal CA 92274 | $725,000

Located in Thermal, in the heart of the agricultural belt and close to the North Shore of the Salton Sea, it is a rare investment opportunity. Located about 20 miles from Indio off of Hwy 86 this property is ideal for produce storage, packing & shipping along with general manufacturing, processing and assembly activities. The original owner was a collector, and keep antique furniture and classic cars in this 5,240 Sq Ft foot treasure chest. It has four 10 x 12 foot roll up doors, three drive in level, one off of a huge loading dock. There are two water systems on site, a natural well and city water well. There is an office, plus rest rooms. The structure only uses 10% of the fenced in 9.68 acre site between the Mountains to the East and dramatic lake front views on the West. Ideal for additional equipment storage within the fenced in acreage. With all of the new construction going on, it is ideal for a developer to store his building materials, appliances, toilets, sinks, AC's etc. during a two or three year build out of the residential lots and even sub-dividing the land to the south of the warehouse.. Wall it off and easily place two dozen homes in the shadow of the wall with both Mountain and lake views. This could be a 5 year buildout. With the Lithium mining now coming into play there will be a much higher demand for affordable homes than never before, the Salton Sea is coming back. The State & big money are behind this serious mining project now kicking off.

More Details