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24770 Washington Ave 944 SF Retail Building Murrieta, CA 92562 $1,100,000 ($1,165.25/SF)

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INVESTMENT HIGHLIGHTS

  • Large, flat, open lot could be used for a variety of purposes

EXECUTIVE SUMMARY

?? Prime Mixed-Use Lot in Downtown Murrieta – For Sale 24770 Washington Avenue, Murrieta, CA 92562
A versatile 0.61± acre lot located in the heart of Downtown Murrieta, within the C1/CP – Mixed Use zone under the Downtown Murrieta Specific Plan. This property includes a 944± SF building, formerly Ray’s Café, which may be refurbished or removed to suit redevelopment needs. With its flat topography and open layout, this site offers excellent potential for retail, office, residential, or mixed-use development.
The above information, while not guaranteed, has been secured from sources we believe to be reliable. Floor plan, site plan, price, tenant mix, and availability subject to change without notice.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
944 SF
Building Class
C
Year Built
1990
Price
$1,100,000
Price Per SF
$1,165.25
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.61 AC
Zoning
C1CP - Commercial
Parking
5 Spaces (5.05 Spaces per 1,000 SF Leased)
Frontage
31’ on Washington Avenue

AMENITIES

  • Bus Line
  • Fenced Lot
  • Restaurant
  • Signage

NEARBY MAJOR RETAILERS

Jazzercise
First Citizens Bank
Applebee's
Banc of California
Navy Federal Credit Union
Black Bear Diner
Chili's Grill & Bar
California Coast Credit Union
Starbucks
Smart & Final

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
906-102-020
Land Assessment
$596,700
Improvements Assessment
$372,300
Total Assessment
$969,000
  • Listing ID: 36336695

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 24770 Washington Ave, Murrieta, CA 92562

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