10555 Magnolia Avenue
Riverside, CA 92505

$1,500,000

Description

Leased Retail Investment - Located on Magnolia Avenue with an average car count of approximately 27,000 per day. Total building square footage is 8,100 square feet on .31 acres. The building is occupied by two tenants. The front tenant has been in the space for 28 years and operates a successful car stereo equipment and specialty installations shop. The front space has open retail space, a private office, and garage space with roll up door access to the work space. The rear tenant operates an automotive restoration and customization business. The rear space has a fenced yard, four roll up doors, and an indoor work space. Please do not disturb tenants or approach the building without agents present; contact agents for more information.

Details

MLS#IV19005767
StyleIQWeb_Mixed Use
Sub-TypeResale
StatusActive
Days On Site102

Features

SQ Feet8,100
Story(s)0

Market Activity 92505

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Area Information

StateCA
CountyRiverside
CityRiverside
Zip Code92505
Area252 - Riverside
Listing VS Median (in 92505)
Price:
$1,500,000
low | high
Med:
$435,000
100% of Average
SqFt:
8,100
low | high
Med:
1,570
100% of Average
$ / SqFt:
$185
low | high
Med:
$277
2% of Average
On Site:
102
low | high
Med:
8.5
100% of Average
Listing Updated: 04/19/2019
MLS Number: IV19005767
Listing Provided By:
JASON SPARKS  of  WINDERMERE R.E. TOWER PROP.
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