6682 Magnolia Avenue, Riverside, CA 92506

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List Price
$360,000
Price Change
▼ $15,000 1793675247
Status
ACTIVE
MLS#
IG26095167
Year Built
1951
Lot Size
3,920
Acres
0.09
Lot Location
0-1 Unit/Acre
Days on Market
189
Property Type
Commercial
Property Sub Type
Retail

Property Description

LOCATION! LOCATION! LOCATION! Incredible commercial real estate opportunity at 6682 Magnolia Avenue, Riverside, CA 92506! Situated along one of Riverside's busiest commercial corridors, this highly visible property benefits from approximately 15,000 vehicles passing by daily, offering outstanding exposure for your business or investment. Featuring approximately 1,200 square feet of building space on a 3,920-square-foot lot, this versatile commercial property offers multiple rooms, making it ideal for a variety of business uses or the potential to lease individual spaces for additional income. Property highlights include a rain-tight roof, new lighting fixtures, an upgraded 200-amp electrical panel, gated parking, and ample street parking for customers and employees. Large windows provide excellent natural light, while security bars offer added protection. BONUS INVESTMENT OPPORTUNITY! The property features two existing billboards, offering future buyers potential additional advertising exposure or income opportunities, subject to applicable agreements and regulations. Additional benefits include access to the City of Riverside's free graffiti removal program, helping maintain the property's curb appeal. Conveniently located near Downtown Riverside, the historic Mission Inn, Mount Rubidoux, restaurants, shopping, and major transportation routes, this property combines excellent visibility, functionality, and long-term investment potential. Whether you're an owner-user looking to establish or expand your business or an investor seeking a commercial property with multiple income possibilities, 6682 Magnolia Avenue presents an exciting opportunity. Don't miss your chance to own a highly visible commercial property in the heart of Riverside!

Additional Information

Heat
None
Cooling Description
None
Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: Gary Nickels (listingagentguy@gmail.com) from Listing Office: Coldwell Banker Realty.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.