$2,900,000
↓ $100K (3.3%)
●
Commercial -
For Sale
9741 Magnolia Avenue
Riverside, CA 92503
Studio
0 Bath
13250 Sqft
$14,240
Estimated Monthly
About This Property
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.
The manager has listed the unit size as 13250 square feet.
The manager has listed the unit size as 13250 square feet.
Unit Size
13,250Ft²
Days on Market
180 days
Land Size
-
Price per sqft
$219
Property Type
Commercial
Property Taxes
-
HOA Dues
-
Year Built
1978
Listed By
Last updated: 25 days ago (MRMLSCA #WS23219275)
Price History
Date / Event | Date | Event | Price |
---|---|---|---|
May 5, 2024 | Price Decreased |
$2,900,000
↓ $100K
(3.3%)
|
|
Price Decreased | |||
Dec 1, 2023 | Listed by 1 Stop Realty LLC | $3,000,000 | |
Listed by 1 Stop Realty LLC | |||
Jan 5, 2018 | Sold | $1,290,000 | |
Sold | |||
Oct 4, 2013 | Sold to Magnolia Holdings Group Llc Sk | $1,200,000 | |
Sold to Magnolia Holdings Group Llc Sk |
Property Highlights
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
Past Sales
Date | Unit | Beds | Baths | Sqft | Price | Closed | Owner | Listed By |
---|
Building Info
9741 Magnolia Avenue
9741 Magnolia Avenue, Riverside, CA 92503
- 1 Unit for Sale