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$1,640,000
Est. payment /mo
0.83 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Pending
Purchase Type For Sale
MLS Listing ID IV26096288
HOA Y/N No
Lot Size 0.830 Acres
Property Sub-Type Mixed Use
Property Description
Exceptional investment opportunity in the heart of Riverside! This unique offering includes three adjacent parcels located at 10611, 10587, and 10595 Magnolia Avenue, being sold together to provide a versatile and income-generating commercial property with significant upside potential. The property features a mix of structures, including residential-style buildings currently used for rental income, as well as a standalone commercial/industrial-style building with roll-up doors—ideal for storage, workshop use, or light industrial operations. The site offers ample on-site parking, multiple access points, and flexible layouts that can accommodate a variety of uses. Situated along the high-visibility Magnolia Avenue corridor, this property benefits from strong traffic exposure and convenient access to major thoroughfares, making it attractive for both tenants and owner-users. The surrounding area includes a blend of residential neighborhoods, small businesses, and service-oriented commercial properties, contributing to steady demand. With multiple income streams, redevelopment potential, and flexible zoning (buyer to verify), this is a rare opportunity for investors, developers, or business owners looking to expand in a growing Riverside market. Don't miss the chance to acquire a multi-parcel commercial asset with immediate cash flow and long-term growth potential.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Fireplace No
Laundry See Remarks
Building
Lot Description 2-5 Units/Acre
Story 1
Water Public
Others
Tax ID 143290006
Special Listing Condition Trust
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Listed by SHELBY LOOMIS WESTCOE REALTORS INC 951-479-7162, DRE #01452283
NEARBY SCHOOLS & PROPERTIES
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Marissa Perez
Broker | License ID: 01814964