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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
993 SF
Building Class
C
Year Built
1990
Price
$1,100,000
Price Per SF
$1,107.75
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
0.61 AC
Zoning
C1CP - Commercial
Parking
5 Spaces (5.04 Spaces per 1,000 SF Leased)
Frontage
31’ on Washington Avenue

Amenities

  • Bus Line
  • Fenced Lot
  • Restaurant
  • Signage
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
20/100
Fairly bikeable
50/100

Nearby Major Retailers

Jazzercise
First Citizens Bank
Applebee's
ATA Martial Arts
California Coast Credit Union
Navy Federal Credit Union
Black Bear Diner
Chili's Grill & Bar
San Diego County Credit Union
Smart & Final

Property Taxes

Property Taxes

Parcel Number
906-102-020
Land Assessment
$608,634
Improvements Assessment
$379,746
Total Assessment
$988,380
  • Listing ID: 36336695

  • Date on Market: 4/7/2025

  • Last Updated:

  • Address: 24770 Washington Ave, Murrieta, CA 92562

Contact the Sale Advisor

24770 Washington Ave

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