$360,000
FOR SALEActive6682 Magnolia Avenue
Riverside CA 92506
1,200
SF
Retail
Type
1951
Built
$300/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
LOCATION! LOCATION! LOCATION! Incredible commercial real estate opportunity at 6682 Magnolia Avenue, Riverside, CA 92506! Situated along one of Riverside's busiest commercial corridors, this highly visible property benefits from approximately 15,000 vehicles passing by daily, offering outstanding exposure for your business or investment. Featuring approximately 1,200 square feet of building space on a 3,920-square-foot lot, this versatile commercial property offers multiple rooms, making it ideal for a variety of business uses or the potential to lease individual spaces for additional income. Property highlights include a rain-tight roof, new lighting fixtures, an upgraded 200-amp electrical panel, gated parking, and ample street parking for customers and employees. Large windows provide excellent natural light, while security bars offer added protection. BONUS INVESTMENT OPPORTUNITY! The property features two existing billboards, offering future buyers potential additional advertising exposure or income opportunities, subject to applicable agreements and regulations. Additional benefits include access to the City of Riverside's free graffiti removal program, helping maintain the property's curb appeal. Conveniently located near Downtown Riverside, the historic Mission Inn, Mount Rubidoux, restaurants, shopping, and major transportation routes, this property combines excellent visibility, functionality, and long-term investment potential. Whether you're an owner-user looking to establish or expand your business or an investor seeking a commercial property with multiple income possibilities, 6682 Magnolia Avenue presents an exciting opportunity. Don't miss your chance to own a highly visible commercial property in the heart of Riverside!
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
0.09 acres
Lot Size
1,200 SF
Square Footage
$300.00/SF
Price per SF
1,951
Year Built
1
Stories
10
Parking Total
8.33
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
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Closed commercial sales reported, newest first.