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9414-9418 Magnolia Ave
Riverside, CA 92503
Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • Retail Store Front to Magnolia Ave.
  • 100% occupied
  • Across street from public parking

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront
Building Size
3,802 SF
Building Class
C
Year Built
1940
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.73
Lot Size
0.12 AC
Zoning
CR - Commercial Retail
Parking
3 Spaces (0.79 Spaces per 1,000 SF Leased)
Frontage
45’ on Magnolia Ave

AMENITIES

  • Bus Line
  • Signage

ABOUT 9414-9418 MAGNOLIA AVE , RIVERSIDE, CA 92503

Four tenant, street-front retail property currently 100% leased / occupied. Great for investors or owner-users (tenants are on short-term leases). Corner lot with approximately 45' of frontage along busy Magnolia Avenue (29,223 ADT) and 120' of frontage along Farnham Place, in the heart of Riverside. Once block east of Van Buren Boulevard. Close proximity to 91 Freeway, Cal baptist University, and Kaiser Permanente. Directly across from "free" public parking lot. Rare opportunity for good retail exposure together with access to good parking. Long time tenants; Ramiros Restaurant has occupied for approx. 13 years and Mundo Travel has occupied for approx. 11 years.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
233-021-003
Land Assessment
$84,429
Improvements Assessment
$449,663
Total Assessment
$534,092
  • Listing ID: 19077643

  • Date on Market: 4/1/2020

  • Last Updated:

  • Address: 9414-9418 Magnolia Ave, Riverside, CA 92503

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