9741 Magnolia Avenue

Riverside, CA 92503

$2,900,000

Listed Price
N/A

bed Beds

N/A

shower Baths

N/A sqft

straighten $218 / sqft

1978

calendar_month Built

Property Description

Are you looking for a building in a mature commercial area that maximize your long term investment potential while utilize 13,250 sqft building to run your own business or even rent out in Riverside? Look no more. Your opportunity is here. Free standing, one story building, in corner lot of busiest popular Magnolia street offer 24,394sqft lot size. Excellent exposure for your business due to its good location, nearby regional retailers (Starbuck, Walmart Shopping Center, Lowe"s Plaza, Galleria at Tyler Mall, and fast food restaurants (sonic drive through, McDonald's, or In & Out), easily accessible to corner lot, conveniently to Pedley Metrolink, closer to 91 freeway. The building offer upgrade security parking gate, 1 truck loading roll up door, a warehouse, 1 office and front waiting space area, 2 restrooms, high visible signage. You can access building from both sides (front and rear), many parking spaces on the back parking lot. Per city of Riverside, the zoning has changed to Mixed Use Zones (Neighborhood village Urban) that offer many more extra options for your future development while occupying the building for your own business, rent out, or develop into new opportunity for the Riverside area like group housing (convalescent Homes, SRO's, Alcohol and Drug Treatment Facilities, 6 or fewer occupants etc), hotel, motel, or Hotel/Motel-long term stay with conditional permit per Planning department in Riverside City. Buyer and agents responsible for due all diligent. Listing broker and seller does not responsible for the accuracy of sqft of building, lot size. Sale "AS IS". Information deem to be reliable but not guaranteed.

Interior Features

Bedroom Information
Bedrooms N/A
Bathroom Information
Bathrooms N/A

Listing Information

Address 9741 Magnolia Avenue
City Riverside
State CA
Zip 92503
County Riverside
Listing Agent LAN TRAN DRE#01791429
Courtesy Of 1 STOP REALTY LLC
MLS WS23219275
List Price $2,900,000
Status Active
Type Commercial
Subtype Retail
Structure Size N/A
Lot Size N/A
Year Built 1978
DOM 157

Exterior Information

Maps

Listing information courtesy of: LAN TRAN, 1 STOP REALTY LLC . *Based on information from the Association of REALTORS/Multiple Listing as of May 3rd, 2024 at 3:57 PM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.