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$815,000
Est. payment /mo
2,251 SqFt
UPDATED:
12/18/2024 10:34 AM
Key Details
Property Type Commercial
Sub Type Office
Listing Status Active
Purchase Type For Sale
Square Footage 2,251 sqft
Price per Sqft $362
MLS Listing ID CRCV24060791
HOA Y/N No
Year Built 1945
Lot Size 0.290 Acres
Acres 0.29
Property Sub-Type Office
Property Description
Presenting a remarkable investment opportunity in the thriving heart of Jurupa Valley, we offer two fully leased freestanding buildings, boasting optimal office and retail space, with a substantial lot spanning 12,632 square feet. Conveniently situated near major freeways including the 60, and 15 with downtown Riverside just minutes away, this location offers unparalleled accessibility and connectivity. Zoned C1/C-P for General Commercial use, the property enjoys exceptional street visibility, complemented by monument signage to attract maximum attention. While there is a growing demand for multifamily properties, it is important not to overlook the potential of commercial real estate, which can yield comparable profits along with additional advantages, including Higher Income Potential, a Diverse Tenant Base, Extended Lease Terms, Capital Appreciation Potential and the absence of rent control. All tenants currently occupy month-to-month leases, ensuring flexibility for future strategic decisions. Current rental income stands at $5,078 per month, presenting a compelling opportunity for immediate revenue generation and long-term appreciation. Rents on schedule for an increase by 20% effective 4/1/25. Don't miss out on this exceptional chance to secure a prime commercial asset in a
Location
State CA
County Riverside
Area Listing
Zoning C1/C
Interior
Heating Other
Cooling Central Air, Other
Fireplace No
Exterior
Total Parking Spaces 10
Building
New Construction No
Others
Tax ID 171260010
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