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10397 Hole Ave
Riverside, CA 92505
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Excellent visibility and signage potential for retail or service use
- High pedestrian and vehicle traffic on a busy Riverside street
- Abundant natural light creating a bright, inviting interior
EXECUTIVE SUMMARY
Excellent Riverside location on a busy street with strong visibility and easy access to major freeways, shopping, schools, parks, and dining. This property features a well-established barbershop (over 20 years in operation) with equipment in place. The building offers three separate spaces, including two additional offices that can be leased for additional income or used to expand the existing business. Ample on-site parking provides convenience for customers and tenants. The property is equipped with alarms and security cameras for added safety and peace of mind. Ideal for an investor seeking income potential or an owner-user looking to operate and grow a business in a high-demand area. Exceptional opportunity in a desirable and growing Riverside market.This property qualifies for conventional loan, small business loan, and 1031 exchange .
PROPERTY FACTS
Sale Type
Investment or Owner User
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Freestanding
Building Size
1,333 SF
Building Class
C
Year Built
1959
Price
$857,143
Price Per SF
$643.02
Cap Rate
7%
NOI
$60,000
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
0.19 AC
Zoning
RO - Buyer and buyer’s agent to perform their own due diligence regarding permitted uses, zoning, and any other requirements with the City of Riverside.
Frontage
AMENITIES
- Air Conditioning
- Smoke Detector
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VIDEOS
MATTERPORT 3D EXTERIOR
MATTERPORT 3D TOUR
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STREET VIEW
STREET
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