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$ 360,000
Est. payment /mo
Price Dropped by $15K
6682 Magnolia AVE Riverside, CA 92506
3,920 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26095167
HOA Y/N No
Year Built 1951
Lot Size 3,920 Sqft
Property Sub-Type Retail
Property Description
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!
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!
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating None
Cooling None
Fireplace No
Laundry None
Exterior
Fence Wire
Utilities Available Electricity Available
Total Parking Spaces 10
Building
Lot Description 0-1 Unit/Acre
Story 1
Water Public
Others
Tax ID 225203002
Special Listing Condition Standard
Listed by Gary Nickels Coldwell Banker Realty 9512270068, DRE #02059145