MF Land - SW Corner of 1st & Pennsylvania 1101 E 1st St Terrain 1,95 ha À vendre 1 488 041 € Beaumont, CA 92223

Prime Development Opportunity: Approximately +/-4.81 acres at a signalized corner along a heavily traveled thoroughfare in Beaumont. This level lot boasts excellent accessibility, being within walking distance of a major shopping center and a future Metrolink station on Pennsylvania Avenue. The property features two fire hydrants and benefits from TOD (Transit Oriented District Overlay) zoning, which allows for a wide array of mixed-use developments. Imagine the possibilities with nearly 100 permitted uses and an additional 30 potential uses with a Conditional Use Permit (CUP), such as a gas station or self-storage facility. The flexible TOD zoning is ideally suited for big-box retailers, commercial retail centers, medical offices, drive-through restaurants, gas stations, condominiums, townhouses, or senior living facilities. The site features partial curb and sidewalk at the corner and is conveniently located approximately 1/3 mile from the I-10 on- and off-ramps at Pennsylvania Avenue, with future connectivity to Interstate 79 and I-60 via the planned Potrero Street link. The owner is open to considering a land lease.
Current and Future Projects:
The City of Beaumont has several current and upcoming projects aimed at improving infrastructure, parks, and the overall quality of life for its residents. These projects are often part of the city's Capital Improvement Plan (CIP). Some notable projects include:  
Sports Park Renovations: Located at the corner of Beaumont Avenue and Brookside Avenue, this project includes demolition, grading, utility installation, drainage, sports lighting, synthetic turf, fencing, concrete walkways, irrigation, and landscaping. Construction is anticipated to begin in July 2025.  
Potrero Boulevard Interchange Project: A $71 million project expected to start construction in Fall 2025. It aims to ease congestion and improve connectivity by providing additional freeway access.  
Pennsylvania Avenue Widening: This project focuses on widening Pennsylvania Avenue from 1st Street to 6th Street to improve traffic flow. While there may be lane impacts during construction, no full closures were planned as of February 2023.
Second Street Extension: This project aims to divert traffic from busy intersections like Highland Springs Avenue.  
Citywide Street Rehabilitation and Maintenance: An ongoing effort to maintain and improve the city's streets.
Citywide Traffic Signal Upgrades: Projects focused on upgrading traffic signals throughout the city.  
Downtown Revitalization: Plans are underway to create a more walkable and inviting downtown area with potential lane reductions on Beaumont Avenue and Sixth Street, added medians, diagonal parking, and better lighting. There are also plans for a $14 million makeover of the downtown park.
New Police Station: Preliminary design is underway for a new police station.
The city is also focused on economic development, aiming to attract both industrial and retail businesses. There are plans being processed for millions of square feet of industrial space.