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$2,100,000
Est. payment /mo
0.42 Acres Lot
UPDATED:
12/05/2024 05:18 AM
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID DW24191814
HOA Y/N No
Year Built 1961
Lot Size 0.420 Acres
Property Description
This two-story retail building, strategically located on a signalized corner in Jurupa Valley, offers a unique investment opportunity. The property features five commercial storefronts with separate addresses, plus a spacious three-bedroom apartment on the second floor. Current management has optimized the space by combining some units to create larger, more versatile rental options.
The property includes a separate vacant lot (with its own APN) currently utilized as a parking area, bringing the total lot size to over 18,000 square feet. Recent extensive renovations have significantly enhanced the building's value and functionality, including: Upgraded electrical systems, New windows, Modern air conditioning, Updated plumbing
All businesses within the building are ADA compliant, featuring necessary accommodations such as handicap ramp access. The property's versatility is exemplified by its current tenants: a restaurant occupying two spaces (with equipment and fixtures included), a barbershop undergoing remodeling across two units, and the fully renovated and leased apartment upstairs. The market benefits from the location and the foot traffic.
This multi-use property presents an excellent opportunity for investors looking to diversify their portfolio with a mix of commercial and residential real estate in a prime location.
The property includes a separate vacant lot (with its own APN) currently utilized as a parking area, bringing the total lot size to over 18,000 square feet. Recent extensive renovations have significantly enhanced the building's value and functionality, including: Upgraded electrical systems, New windows, Modern air conditioning, Updated plumbing
All businesses within the building are ADA compliant, featuring necessary accommodations such as handicap ramp access. The property's versatility is exemplified by its current tenants: a restaurant occupying two spaces (with equipment and fixtures included), a barbershop undergoing remodeling across two units, and the fully renovated and leased apartment upstairs. The market benefits from the location and the foot traffic.
This multi-use property presents an excellent opportunity for investors looking to diversify their portfolio with a mix of commercial and residential real estate in a prime location.
Location
State CA
County Riverside
Area 251 - Jurupa Valley
Interior
Heating None
Fireplace No
Laundry None
Exterior
Utilities Available Electricity Connected, Natural Gas Connected, Sewer Connected, Underground Utilities
Building
Lot Description 6-10 Units/Acre
Story 2
Others
Tax ID 169110068
Acceptable Financing Submit
Listing Terms Submit
Special Listing Condition Standard
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Listed by Alvaro Bautista • Century 21 Allstars • 323-804-8477