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318 S D, Perris, CA, 92570

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$3,500,000
7 Days On Site

318 S D
Perris, CA 92570

For Sale|Retail|Active
0
Beds
0
Total Baths
17,000
SqFt
$206
/SqFt
1950
Built
County:
Riverside
Listed by RANDALL MORIN of BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY [email protected]
Call Now: 951-942-5001
Is this the listing for you? We can help make it yours.
951-942-5001
318 S D318 S D318 S D318 S D
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Mortgage Calculator

Monthly Payment (Est.)

$15,968
Calculator powered by Showcase IDX, a Constellation1 Company. Copyright ©2025 Information is deemed reliable but not guaranteed.

Prime Downtown Perris Commercial Portfolio – 10 Units Across 4 Buildings A rare opportunity to acquire four commercial buildings totaling ten individual units located in the heart of the City of Perris Downtown Redevelopment Area. This portfolio includes the historic Lerner Warehouse Building, offering character, visibility, and strong potential for repositioning or long-term cash flow. With most units currently leased at rents far below market value, this portfolio offers significant upside for investors. The ability to adjust rental rates to market standards, combined with ongoing city redevelopment efforts, positions this asset for major NOI growth and long-term value creation. Situated within a rapidly improving district supported by the city’s ongoing revitalization efforts, these properties provide excellent frontage and proximity to civic centers, transit, and future development. Ideal for investors seeking multi-tenant commercial income, value-add potential, or participation in the area’s long-term growth. Whether utilized for retail, office, creative space, or adaptive reuse, this exceptional multi-building offering represents one of the most strategically located commercial opportunities in Downtown Perris.

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Listing Snapshot
Price 
$3,500,000
Days On Site 
7 Days
Bedrooms 
N/A
Inside Area (SqFt) 
17,000 sqft
Total Baths 
N/A
Full Baths 
N/A
Partial Baths 
N/A
Lot Size 
0.486 Acres
Year Built 
1950
MLS® Number 
IV25261802
Status 
Active
Property Tax 
N/A
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Owner
Friends & Family
Recent Activity
a week agoListing first seen on site
a week agoListing updated with changes from the MLS®
General Features
Acres 
0.486
Land Lease 
No
Number Of Stories 
1
Property Sub Type 
Retail
Special Circumstances 
Standard
SqFt Total 
17000
Utilities 
Electricity Connected
Water Source 
Public
Interior Features
Laundry Features 
None
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Exterior Features
Lot Features 
Corner Lot
Community Features
Financing Terms Available 
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MLS Area 
SRCAR - Southwest Riverside County


This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. The display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

Neighborhood & Commute
Source: Walkscore
Disclosure: Community information and market data powered by Constellation Data Labs. Information is deemed reliable but not guaranteed.
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