Riverside, CA 92503 9741 Magnolia Avenue
$2,900,000
5 more
Presented By: LAN TRAN with 1 STOP REALTY LLC; 626-625-5416
Home Details
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.
Presented By: LAN TRAN with 1 STOP REALTY LLC; 626-625-5416
Interior Features for 9741 Magnolia Avenue
Other Interior Features
Air Conditioning Y/NNo
Basement (Y/N)No
Electric On Property Y/NNo
Fireplace Y/NNo
Heating Y/NNo
Laundry FeaturesNone
Street SuffixAvenue
Total Stories1
Other Rooms
Entry Level1
General for 9741 Magnolia Avenue
Additional Parcels Y/NNo
Attached Garage No
Building Area UnitsSquareFeet
Carport Y/NNo
CityRiverside
CountyRiverside
Days on Market154
Directions10E to 71S take 91E toward Riverside take 56 (turn left); then Right Magnolia. Between Magnolia Avenue and Dykes Lane
Garage Y/NNo
HOA / Comm AssnNo
HeatingNone
Home Warranty Y/NNo
Land Lease Y/NNo
Lease Considered Y/NNo
Lease Renewal Y/NNo
Listing TermsCash, CashtoNewLoan
Lot Size Square Feet24394.0
MLS Area252 - Riverside
MobileHomeRemainsYNNo
New ConstructionNo
Occupancy TypeOwner
Private PoolNo
Property Attached Y/NNo
Property Sub Type AdditionalRetail
Property SubTypeRetail
Property TypeCommercialSale
Rent Control Y/NNo
Senior Community Y/NNo
Special Listing ConditionsStandard
Standard StatusActive
StatusActive
Street NameMagnolia
View Y/NNo
Waterfront Y/NNo
Year Built1978
Exterior for 9741 Magnolia Avenue
Building Area Total13250.0
Crops Included Y/NNo
Horse Y/NNo
Irrigation Water Rights Y/NNo
Lot FeaturesBackYard, CornerLot, FlagLot, Paved
Lot Size Acres0.56
Lot Size Area24394.0
Lot Size SourceAssessor
Lot Size UnitsSquareFeet
Open Parking Y/NNo
SpaNo
Water SourcePublic
Additional Details
Price History
Stephen Pliaconis
Pliaconis Realty Group REALTOR® DRE 02015480