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9782 Magnolia Avenue, Riverside, CA 92503

Commercial property · 2 recorded sales since 2014

9782 Magnolia Avenue, Riverside, CA 92503 Sold September 2022 CRMLS
$850,000Sold September 2022

Listing Agent: Benjamin Rubalcava (DRE #01877582) · Listing Office: Re/Max Partners · Contact: 951-278-8755 · Bought with: Benjamin Rubalcava · Re/Max Partners · MLS #IG22014194 · Source: CRMLS

1,396
Building Sq Ft
15,246 sqft
Lot Size
Commercial property
Type

About this commercial property

Fantastic Commercial Stand alone Building located on a Prime Corner Lot with 92 feet of Frontage facing Magnolia Avenue in Riverside. Possible Redevelopment Opportunity. Magnolia Avenue is a Highly used road providing your business high visibility and easy access for your clients. Your Dream Commercial property is now officially for sale. The Lot size is Large, it's approximately 15,246 Sqft with a Building size of 1,396. Should you desire, you can Make the structure larger due to the location of the building within the lot. The Parking lot is Freshly Asphalted and ready for your desired landscaping design. This Building was previously a Resturant; however it is now an empty building and blank slate ready for your business. This is a Fantastic opportunity to own an Outstanding High Visibility Stand alone Building on a large lot in the Beautiful city of Riverside. This Property does not have an HOA or CC&R's. There are many large Anchor Stores across the street that help drive business to smaller businesses nearby. Some Businesses across the street include Lowe's, Panda Express, Popeyes Louisiana Kitchen, Jamba Juice, UPS Store, Cold Stone Creamery, Union Bank and many other Large name Retailers. Just down the street you'll find the Galleria at Tyler Mall which has additional Anchor Stores. This is a well populated area with tons of foot traffic and vehicle traffic, giving you many opportunities to earn your potential clients business. Please Verify with the city as to what type of business you wish to operate at this particular property to see if its allowable.

Listing description from the September 2022 sale, as reported to CRMLS.

Sale history

$850,000
Sold September 2022 · listed $849,000, on market January 2022 · MLS #IG22014194 · Source: CRMLS
Listing Agent: Benjamin Rubalcava · Listing Office: Re/Max Partners · Contact: 951-278-8755 · Bought with: Benjamin Rubalcava · Re/Max Partners
$265,000
Sold February 2014 · orig. $389,000, on market August 2013 · MLS #CC329205 · Source: CRMLS
Listing Agent: RUBEN HERNANDEZ · Listing Office: EGA Homes · Contact: 951-977-3421 · Bought with: RUBEN HERNANDEZ · EGA Homes
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