9471-9477 Magnolia Ave | Riverside, CA 92503
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- LoopNet Team
9471-9477 Magnolia Ave
Riverside, CA 92503
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Visible to over 75,000 CPD
- Opportunity to acquire City owned corner lot
- Existing pylon signage on Magnolia Ave.
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,313 SF
Building Class
C
Year Built
1940
Tenancy
Single
Building Height
1 Story
Building FAR
0.58
Lot Size
0.57 AC
Zoning
CLD
Parking
20 Spaces (1.33 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Signalized Intersection
ABOUT 9471-9477 MAGNOLIA AVE , RIVERSIDE, CA 92503
Price: $1,500,000 • Outstanding redevelopment opportunity at 75,299 car per day intersection • Existing pylon signage along Magnolia Ave • Opportunity to acquire City-owned corner lot (±5,600 SF) for nominal price to expand total size to 0.66 AC (call for details) • One of Riverside's most visible and highly trafficked intersections. High barriers to entry.
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $757,698 | |
| Land Assessment | $649,455 | Total Assessment | $1,407,153 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$649,455
Improvements Assessment
$757,698
Total Assessment
$1,407,153
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