9720 Magnolia Avenue
Riverside, CA 92503

$1,299,900

Description

Built in 2007, this commercial general zoned office building is ideal for owner-occupied use. Its just down the street from the Galleria at Tyler and on the busy street of Magnolia Ave. Utilize the entire building or a single floor and lease the remaining units. Currently the property is divided into 5 spaces but has the potential for 8 spaces and you'll also find 4 large restrooms. Currently all 5 spaces are leased out. The private parking lot offers 13 full sized parking spaces with 1 being a handicapped space. Additionally, this building can meet the needs of a variety of businesses from retail to office and even repair services. Its traditional office space layout has housed a martial arts/fitness studio, chiropractor, jewelry repair, ministry, cellphone repair, and an attorneys office among others. Dont miss out on this opportunity to grow your business and income! Listing is for the entire property.

Details

MLS#IG19053133
StyleIQWeb_Office Bldg
Sub-TypeResale
StatusActive
Year2007
Days On Site15

Features

SQ Feet5,737
Story(s)2
ZoningC3

Market Activity 92503

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Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92503
Area252 - Riverside
Listing VS Median (in 92503)
Price:
$1,299,900
low | high
Med:
$419,900
100% of Average
SqFt:
5,737
low | high
Med:
1,824
100% of Average
$ / SqFt:
$227
low | high
Med:
$230
48.399476241762% of Average
On Site:
15
low | high
Med:
45
33.333333333333% of Average
Nearby Listings (Within 1/2 mile)
Price: $0 - $0
SqFt: 4,000 - 7,000
Listing Updated: 03/25/2019
MLS Number: IG19053133
Listing Provided By:
Oscar Tortola  of  Keller Williams Realty
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.
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