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23051 Sunnymead Boulevard Moreno Valley, CA 92553
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Key Details
Sold Price $670,000
Property Type Commercial
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CV-23217423
Sold Date 07/03/24
Year Built 1969
Property Description
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.
Location
State CA
County Riverside
Interior
Heating Central
Cooling Central Air
Laundry None
Exterior
Utilities Available See Remarks, Electricity Connected, Natural Gas Connected
Building
Lot Description Lot 10000-19999 Sqft
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