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$3,000,000
Listing Price--beds
--baths
13,250sqft
24,393sqft lot
9741 Magnolia Ave, Riverside, CA 92503
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For Sale
Off Market
Home type
Price / sqft
Year built
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. L
Interior Details
13250
N/A
N/A
Has Heating:
No
Heating Type:
None
Has Cooling:
No
Cooling Type:
N/A
Has Fuel:
No
Fuel Type:
N/A
Has Basement:
No
Basement Type:
No Basement
Has Flooring:
No
Flooring Type:
N/A
Has Fireplace:
No
Fireplace Type:
N/A
Property Details
24393
No
No
Type:
N/A
Location:
N/A
Status:
N/A
Number of Spaces:
N/A
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Construction Details
N/A
N/A
N/A
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N/A
Tax History
Year
Amount
Land
Improvement
Percent Change
Assessment
2020
$15,212
$520,200
$821,916
--%
$1,342,116
2019
$14,925
$510,000
$805,800
--%
$1,315,800
2018
$8,640
$393,237
$360,916
--%
$754,153
2017
$8,487
$385,527
$353,840
--%
$739,367
2016
$7,945
$377,968
$346,902
--%
$724,870
2014
$7,745
$365,000
$335,000
--%
$700,000
2013
$13,103
$499,392
$697,068
--%
$1,196,460
2012
$15,221
$489,600
$683,400
--%
$1,173,000