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23051 Sunnymead Boulevard, Moreno Valley, CA 92553

Commercial property

23051 Sunnymead Boulevard, Moreno Valley, CA 92553 Sold July 2024 CRMLS
$670,000Sold July 2024

Listing Agent: Demetrios Kitakis (DRE #01984567) · Listing Office: Kitakis Realty Inc. · Contact: Demetrios@KitakisRealty.com · Bought with: PATRICIA PANDEY · COLDWELL BANKER ASSOC BRKR/CL · MLS #CV23217423 · Source: CRMLS

1,739
Building Sq Ft
16,117 sqft
Lot Size
1969
Year Built
Commercial property
Type

About this commercial property

Discover a compelling investment opportunity with income on day one in Moreno Valley, California. This is a retail property that uniquely combines practicality and potential. Currently, this property is a complete animal hospital in working order and has a spacious 16,117 square foot lot and a well-designed 1,739 square feet building, strategically positioned in the heart of Moreno Valley. The area is known for its economic vibrancy and diverse community, providing a solid foundation for businesses to thrive. Currently, with below-market rents, there's an immediate value-add prospect for investors seeking to optimize returns. On the other hand, this is also a fantastic opportunity for an owner operator looking for a new high exposure location for their business with unlimited development potential. The property's adaptability, thanks to its generous lot size and versatile building layout, caters to a range of retail possibilities. Moreno Valley's ongoing economic growth and accessibility via major highways further enhance the intrinsic value of this investment. Explore the untapped potential of this property, where practicality meets promise, making it an attractive proposition for those seeking a solid investment in a dynamic and evolving market.

Listing description from the July 2024 sale, as reported to CRMLS.

Sale history

$670,000
Sold July 2024 · orig. $699,800, on market November 2023 · MLS #CV23217423 · Source: CRMLS
Listing Agent: Demetrios Kitakis · Listing Office: Kitakis Realty Inc. · Contact: Demetrios@KitakisRealty.com · Bought with: PATRICIA PANDEY · COLDWELL BANKER ASSOC BRKR/CL
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