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Address not disclosed Riverside, CA 92505
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Key Details
Sold Price $1,895,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID CC331301
Sold Date 06/05/14
HOA Y/N No
Year Built 1975
Lot Size 0.780 Acres
Property Sub-Type Retail
Property Description
The subject property is an 11,306 SF, "LENDER OWNED" shopping center located at the northwest corner of
Magnolia and Jones Ave. The property consists of 10 retail units in an L-shaped, 1 story center. There is a good
tenant mix at this center: Flower shop, hair & nail salon, barber shop, and a cafe to name a few. This property sits on
a 33,977 SF corner lot and has plenty of on-site parking. It is located directly across from Kaiser Permanente
Hospital, generating significant traffic along Magnolia Blvd. In addition, the subject property is located within two
blocks of national credit tenants such as Vons, Jack in the Box, Red Lobster, Starbucks, and IHOP. This property is
located just blocks north of the 91 freeway..
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Building
Story 1
Others
Tax ID 142292008
Special Listing Condition Standard
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