One Stop Automotive/Single Tenant Retail Purchase Opportunity
$6,500,000
10555 Magnolia Ave, Riverside, CA 92505
7,810 sqft
Building Size
0.4793 acres
Lot Area
Details:
Highlights:
- One Stop Automotive/Single-Tenant Retail - One-Story Construction
- High Exposure - Magnolia Avenue
- Across the Street from Kaiser Permanente Hospital
- Includes Inventory and Equipment
Description:
Built in 1955, the Property is a well-maintained Single-Story building comprising approximately 7,810 Square Feet and situated on an approximate 20,878-square-foot lot. The location is on highly trafficked Magnolia Avenue and is contiguous to the Riverside Days Inn Hotel. Currently operated as a one-stop car stereo/auto parts and repair business, the long-term owner is offering both the Real Estate and the Business Equipment and Inventory for sale. They are included in the sales price. The owner may also consider a lease-back.
Please note that the Property is a current operating Business. All property interior showings are to be by appointment only through the Listing Agent, and the current working staff is not to be bothered or asked questions.
The Property is located on highly trafficked Magnolia Avenue, offering excellent street exposure for the existing business. Adjacent to the Property is the Days Inn Riverside, and across the street on Magnolia Avenue is the Riverside Kaiser Permanente, which has undergone a significant augmentation/expansion to the existing facility. The Property is accessed by the 91 Freeway off of Magnolia and is near significant retail development.
Documents:
| Title | ||
|---|---|---|
| Offering_Memorandum__1.pdf |
Location
Gallery
