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Listed by LAN TRAN • 1 STOP REALTY LLC
$2,775,000
$2,900,000 4.3%
Est. payment /mo
Sold on 05/30/2025
9741 Magnolia Avenue Riverside, CA 92503
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Key Details
Sold Price $2,775,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID WS-24154443
Sold Date 05/30/25
Year Built 1978
Property Sub-Type Retail
Property Description
Back on Market! General Retail Commercial Building in mature market is ready for new owner-user or investor who need 13,250 sqft space to run business or lease it out for monthly cash flow. Stand alone building that offer 24,394 sqft lot size are located on popular street with heavy traffic flow daily. The building nearby Galleria at Tyler Mall, Starbuck, Walmart, Lowe's Plaza etc..., easily accessible to Pedley Metrolink, closer to 91 freeway. Building has 1 roll up door on the back, 3 front entrances that can section out in case owner does not want to occupy all spaces, 1 small front office, 1 small waiting area in front, 2 restrooms, lots of spaces for storages. and 13 designation parking spaces on back. Per city of Riverside, the area has rezone to Mixed Use Zones that give new owner many more options for long term future development. Previous owner use as restaurant, masculine business, Indian Spice Market. Current owner uses as Auto Parts. Buyer and his/her agent responsible for all due 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.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating Central
Laundry None
Building
Lot Description Lot 20000-39999 Sqft