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$2,100,000
Est. payment /mo
6,050 SqFt
UPDATED:
09/18/2024 04:44 PM
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 6,050 sqft
Price per Sqft $347
MLS Listing ID CRDW24191814
HOA Y/N No
Year Built 1961
Lot Size 0.420 Acres
Acres 0.42
Property Description
This two-story retail building, strategically located on a signalized corner in Jurupa Valley, offers a unique investment opportunity. The property features five commercial storefronts with separate addresses, plus a spacious three-bedroom apartment on the second floor. Current management has optimized the space by combining some units to create larger, more versatile rental options. The property includes a separate vacant lot (with its own APN) currently utilized as a parking area, bringing the total lot size to over 18,000 square feet. Recent extensive renovations have significantly enhanced the building's value and functionality, including: Upgraded electrical systems, New windows, Modern air conditioning, Updated plumbing All businesses within the building are ADA compliant, featuring necessary accommodations such as handicap ramp access. The property's versatility is exemplified by its current tenants: a restaurant occupying two spaces (with equipment and fixtures included), a barbershop undergoing remodeling across two units, and the fully renovated and leased apartment upstairs. The market benefits from the location and the foot traffic. This multi-use property presents an excellent opportunity for investors looking to diversify their portfolio with a mix of commercial and
Location
State CA
County Riverside
Area Listing
Interior
Heating None
Fireplace No
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Other
Building
New Construction No
Others
Tax ID 169110068
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Listed by Alvaro Bautista • Century 21 Allstars
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Parisa Samimi
Founder & Real Estate Broker | License ID: 01858122
Founder & Real Estate Broker License ID: 01858122