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16588262
16588263

1350 W Citrus St, Riverside, CA 92507

KW
CA 02015940
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate
Unpriced
1184 days on market
Updated 6 days ago
Opportunity zone

1350 W. Citrus St., Riverside

Details
APN 247-140-026
Property Type Industrial
Sub Type Distribution, Manufacturing (+1)
Square Footage 24,960
Net Rentable (SqFt) 24,960
Units 1
Occupancy 100%
Tenancy Single
Lease Type Gross
Lease Expiration 07/31/2024
Broker Co-Op Yes
Class B
Year Built 1980
Buildings 1
Stories 1
Acreage 1.180
Zoning BPM
Investment Type Value Add
Ceiling Height 24'
Loading Docks 4
Dock High Doors 2
Ownership Private
Sale Condition 1031 exchange

Industrial Bldg. w/ DH Loading & Large Yard

Marketing description

FOR SALE OR LEASE

$1.35/Gross or $6.8MM

Tenant Lease in place until July 31, 2024. Can potentially extend tenant lease or deliver vacant (call for details).

1350 W. Citrus St., Riverside -- $6.8MM (reduced from $7.125MM)

± 24,960 SF Bldg. on + 1.18 Acre Lot (+/- 55,320 SF Lot)

± 3,000 SF Office

Two (2) Dock High doors with four (4) loading positions

Zoning: BMP (Business and Manufacturing Park) – verify with City of Riverside

800 Amps, 277/480 volt (verify)

24’ minimum clear height in warehouse

.42/2000 Sprinkler system (verify)

APN: 247-140-026 (combined sale option includes APN #'s: 247-140-006, 247-140-007, 247-140-014)

** Excess land, oversized lot, IOS Yard, Industrial Outdoor Storage Yard, Investment oversized yard, contractors yard, storage yard, trucking, truck storage, laydown yard, outdoor storage, indoor storage, Development project, distribution, huge yard, near freeway, truck doors, 1031 Exchange, flexible lease term, vacant or short term lease option

Investment highlights

Value add opportunity!

Tenant Lease Term for 1350 W. Citrus is Flexible for Owner/Users and/or Investors – it currently expires July 31, 2024, w/ Option at FMV, but can potentially be vacant at Close of Escrow or even provide a longer lease term to match Buyer’s preference – Call for Details

Possible for Investor or Owner/User.

Listing Contacts

KW
CA 02015940
Ashwill Associates Commercial Real Estate
Listed by Ashwill Associates Commercial Real Estate

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