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Listed by Ruben Hernandez • eXp Realty of Southern California
$ 4,203,000
Est. payment /mo
Price Dropped by $397K
Riverside, CA 92507
UPDATED:
Key Details
Property Type Commercial
Sub Type Specialty
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG-25021293
Year Built 1963
Property Sub-Type Specialty
Source California Regional Multiple Listing Service (CRMLS)
Property Description
PRIME RESTAURANT BUILDING FOR SALE! THIS IS AN EXCELLENT OPPORTUNITY TO OWN A HIGHLY DESIRABLE PROPERTY IN A PRIME LOCATION IN RIVERSIDE, CA, JUST MINUTES FROM UC RIVERSIDE. CURRENTLY LEASED TO AN OPERATING RESTAURANT, THIS PROPERTY OFFERS GREAT POTENTIAL FOR FUTURE GROWTH IN A RAPIDLY DEVELOPING AREA. WHY INVEST IN THIS PROPERTY? STRATEGIC LOCATION – SITUATED IN A HIGH-DENSITY AREA WITH A STRONG STUDENT AND RESIDENTIAL POPULATION, ENSURING CONTINUOUS DEMAND FOR DINING AND SERVICES. HIGH-GROWTH AREA – LOCATED WITHIN A DESIGNATED REDEVELOPMENT ZONE, WITH INFRASTRUCTURE IMPROVEMENTS AIMED AT INCREASING FOOT TRAFFIC AND ENHANCING BUSINESS VISIBILITY. OPPORTUNITY FOR INCREASED VALUE – AS THE AREA CONTINUES TO GROW AND DEVELOP, THE PROPERTY HAS STRONG POTENTIAL FOR INCREASED VALUE, PROVIDING AN EXCELLENT LONG-TERM INVESTMENT OPPORTUNITY. THIS PROPERTY OFFERS INVESTORS THE CHANCE TO TAKE ADVANTAGE OF RIVERSIDE'S ONGOING GROWTH, MAKING IT AN ATTRACTIVE OPTION FOR THOSE LOOKING TO INVEST IN A PRIME, HIGH-POTENTIAL COMMERCIAL PROPERTY.
Location
State CA
County Riverside
Interior
Laundry None
Building
Lot Description Lot 20000-39999 Sqft
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