We are proud to offer this vintage Downtown Riverside building for sale. This is a golden opportunity to purchase a turn key restaurant building with high quality finishes. Seating capacity is 175 with additional exterior patio seating for 30. The purchase price includes all furniture, fixtures and equipment, including a state of the art draft beer system with 42 taps. Boasting over 11,000 SF, the first floor is approximately 6480 SF and was recently renovated for restaurant use. The upper floor, of approximately 4,635 SF is waiting for it's transformation and has unlimited potential. University Avenue is a main access street in Downtown Riverside, with close proximity to major freeways. This building is walking distance to the Historic Mission Inn Hotel, The Fox Performing Arts Theatre, and the newly renovated Riverside Convention Center. Riverside is home to several institutions of higher learning, including the University of California Riverside, with a combined enrollment of over 50,000 college students. Please contact agent with any questions. Please do not engage in communication with any of the employees, managers, or owner's. Showing are by appointment only.
Graded high quality land. On major boulevard of "Limonite Avenue". Seller is motivated and says he will look at all offers! Nice flat commercial corner on busy street in the path of growth. Ideal for shopping center, fast foods, restauraunt, service station/car wash, office, and most Commercial uses. Thousands of homes being built just west of property at I-15 Fwy and Limonite along with power centers. All utilities in street. County od Riverside has installed curbs, gutters & sidewalks on 250 ft frontage of Limonite blvd. Please click on Marketing Package for complete property information including aerials,plat map, zoning uses and photos or call Listing Broker for a complete package. All Offers to be Presented on C.A.R. Purchase Forms. S/W Corner of Limonite Ave and Corey St. in the newly incorporated Jurupa Valley City (formerly Riverside county area). Next to Paradise Knolls Golf Course. Property consists of three parcels 163-021-033/037/038.
Price reduced from $3,800,000 to $2,900,000 to $2,490,000 and to $1,950,000. The price includes land and permit, but not including pull permit fee. Project is designed for 18,000 S.F. Building , and includes a 4 unit food court restaurants on the first floor (total 9,000 S.F.) and an office building on second floor (Total 9,000 S.F. total 8 units). It is close to a Rite Aid, Big Saver supermarket, AT & T, Dollar Tree, Food 4 Less, post office, Hollywood Video, Kragen Auto Parts, and a Bank of America.
2 lots are included in this sale. APN #280-270-011 is 30,056 sq ft.APN #280-270-012 is 40,607 sq ft. Together they total 1.62 acres. Approximately 200 feet of frontage on Van Buren Blvd (Major Artery leading to Moreno Valley, Hemet & Temecula). This is a fast developing area for retail and food service. Sewer placement, Signalized Access and easements are being negotiated with adjoining neighbors. Adjoining neighbors are Bakers Restaurant & Del Taco.
A Developers Dream, a 10.1 acre parcel with a 16,000+ sf. strip center currently 89% occupied that you can acquire while planning the build out for a Neighborhood or Community type center in the midst of 98,842 individuals and 25,000 households. Additional income is generated from an outside recycle center behind the center and from weekend swap meets on the vacant acreage, Priced at land value of $9.66 psf. this offering represents and outstanding acquisition opportunity.
Appx.5.2% Cap rate on Retail Strip Center. Tina's Mexican Restaurant has a new 5 year lease with 5 year option, they have been there over 10 years. Smoke shop has a new 10 year lease. Hair Salon has a new 5 year lease with (2) 5 year options. Owner replace roof appx. 2 years ago and replaced HVAC over Unit # C, appx. 2 years ago. All tenants responsible for their own HVAC units. Located close to downtown Riverside and UCR. Very busy street, great location, many improvements in surrounding area. Call Cherie for more information # 951-333-4663.
Approved tentative tract (32362) map subdivision of 23.98 acres into nineteen ½ acre residential lots. Minimum lot size 20,000 square feet (net) and eight acres of open space and one remainder lot of 2.10 acres. The grading plans have been previously approved; the storm drain, sewer, water and street improvement plans have been thru 3 plan checks each. This project is almost ready to record..
Faris Lee Investments is pleased to offer for sale the fee simple interest (land & building) in a corporate guaranteed, freestanding, single tenant, NNN leased, SmileCare Dental, located across from the Galleria at Tyler Mall, fronting the 91 Freeway (181,000 VPD)in Riverside, CA. The tenant, Community Dental Services, Inc., dba SmileCare Dental, has approximately 2 years remaining in the current term. Buyer is to assume that the tenant will be vacating at the end of their lease term. The lease features 3.5% rental increases each year throughout the initial term, which generates steady NOI growth and hedges against inflation. The lease is NNN and tenant pays taxes, insurance and CAM, while landlord maintains roof and structure.
THESE STORES DON'T COME UP EVERYDAY 3500 SQ. FT. MARKET THAT GROSSES OVER $175,000.00 MONTH WITH AN EXCELLENT LONG TERM LEASE NOW PAYING ONLY $7,500.00 MONTH VERY LOW OVERHEAD FOR A STORE DOING THESE SALES. HAS BEEN ESTABLISH FOR MANY YEARS. YOU DON'T HAVE TO WORRY ABOUT A NEW HISPANIC MARKET COMING IN THERE IS NO MORE ROOM. SELLS MEAT, PRODUCE, GROCERIES, BEER & WINE & MORE MY DRE # IS 00943174