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7392 Magnolia Ave
Riverside, CA 92504
Office Property For Sale

Investment Highlights

  • Property centrally located Between Parkview Hospital (2.5 miles) and Riverside Community Hospital (3.2 miles)
  • Loyal long term patient base. Could be operated as a general medical office, specialty medical office or surgery center (w/mods)
  • Seller financing is possible OAC. (on approved credit)
  • In the heart of Riverside's medical corridor. Excellent visibility on Magnolia ave.
  • Excellent demographics for continued patient growth and referrals.
  • Practicing Doctor plans to retire and willing to phase out and work through transition period. Longer term employment may be possible.

Property Facts

Property Type
Office
Property Subtype
Medical
Building Size
3,194 SF
Building Class
C
Year Built
1954
Tenancy
Single
Building Height
1 Story
Typical Floor Size
3,194 SF
Building FAR
0.43
Lot Size
0.17 AC
Zoning
RO - Commercial Medical Use
Parking
13 Spaces (4.07 Spaces per 1,000 SF Leased)

Amenities

  • Bus Line

Property Taxes

Property Taxes

Parcel Number
230-131-005
Land Assessment
$188,700
Improvements Assessment
$829,260
Total Assessment
$1,017,960
  • Listing ID: 29443837

  • Date on Market: 9/5/2023

  • Last Updated:

  • Address: 7392 Magnolia Ave, Riverside, CA 92504

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