Listed by Sperry Commercial Global Affiliates Irvine
$6,500,000
10555 Magnolia Ave
Details
Property Type Retail
Sub Type Storefront, Auto Shop
Square Footage 7,810
Net Rentable (SqFt) 7,810
Units 1
Tenancy Single
Price per SqFt $832
Class B
Year Built 1955
Year Renovated 2020
Buildings 1
Stories 1
Acreage 0.479
Zoning Commercial
Parking Spaces 20 spaces
Parking per 1,000 SqFt 2.56
Investment Type Owner/User
Tenant Credit No Credit Rating
Ground Lease No
HIgh Exposure Single Tenant Retail/Auto on High Traffic Street
Marketing description
Built in 1955, the Property is a well-maintained Single-Story building comprising approximately 7,810 Square Feet and situated on an approximate 20,878-square-foot lot. The location is on highly trafficked Magnolia Avenue and is contiguous to Days Inn Riverside Hotel.
Currently operated as a car stereo/auto parts and repair business, the long-term owner is offering both the Real Estate and the Business Equipment and Inventory for sale. They are included in the sales price. The owner may also consider a lease-back.
Please note that the Property is a current operating Business. All property interior showings are to be by appointment only through the Listing Agent, and the current working staff is not to be bothered or asked questions.
Investment highlights
- Single-Tenant Retail - One Story Construction
- High Exposure - Magnolia Avenue
- Across the Street from Kaiser Permanente Hospital and Its Major Expansion
- Includes Inventory and Equipment
Listing Contacts
Listed by Sperry Commercial Global Affiliates Irvine
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