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Presenting a remarkable investment opportunity in the thriving heart of Jurupa Valley, we offer two fully leased freestanding buildings, boasting optimal office and retail space, with a substantial lot spanning 12,632 square feet. Conveniently situated near major freeways including the 60, and 15 with downtown Riverside just minutes away, this location offers unparalleled accessibility and connectivity.Zoned C1/C-P for General Commercial use, the property enjoys exceptional street visibility, complemented by monument signage to attract maximum attention. While there is a growing demand for multifamily properties, it is important not to overlook the potential of commercial real estate, which can yield comparable profits along with additional advantages, including Higher Income Potential, a Diverse Tenant Base, Extended Lease Terms, Capital Appreciation Potential and the absence of rent control.All tenants currently occupy month-to-month leases, ensuring flexibility for future strategic decisions. Current rental income stands at $5,078 per month, presenting a compelling opportunity for immediate revenue generation and long-term appreciation. Rents on schedule for an increase by 20% effective 4/1/25.Don't miss out on this exceptional chance to secure a prime commercial asset in a thriving location. Contact us today to seize this unparalleled investment opportunity.Please note that the property is sold "as-is" in its present condition.
Last Updated | 9/25/2024 | Year Built | 1945 |
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Community | Jurupa Valley | County | Riverside |
Price History
Prior to May 7, '24 | $850,000 |
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May 7, '24 - Sep 25, '24 | $824,000 |
Sep 25, '24 - Today | $815,000 |
Additional Details
AIR | Central Air, Ductless |
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AIR CONDITIONING | Yes |
AREA | Jurupa Valley |
CONSTRUCTION | Stucco |
HEAT | Central |
LOT | 0.29 acre(s) |
LOT DIMENSIONS | 150x85 |
STORIES | 1 |
TAXES | 4612.3 |
WATER | Public |
ZONING | C1/CP |
Location
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