18791 Van Buren Blvd - Freestanding FOR SALE


Riverside, CA 92508- Woodcrest
$1,795,000 USD
951-224-1024
18791 Van Buren Blvd, Riverside, CA for Sale
$1,795,000 USD
Freestanding - FOR SALE
1/33
null | Request Cap Rate

18791 Van Buren Blvd
Riverside, CA 92508
Woodcrest


HIGHLIGHTS

  • High Traffic Count | 42,357 - 47,079
  • Current Gross Income | $132,027.16 Per Year
  • Concrete Paved
  • One Owner

OVERVIEW

MGR is proud to present this unique multi-tenant office/retail investment opportunity located in the highly desirable Woodcrest community of Riverside. This two-story building is fully occupied with six tenants, all with active leases in place. Situated along the high-traffic corridor of Van Buren Boulevard, the property benefits from excellent visibility with an average daily traffic count ranging between 42,357 and 47,079 vehicles. Zoned MUV (Mixed-Use Village), the property allows for a wide range of permitted uses, offering strong potential for future growth and enhanced returns. The asset currently generates a gross annual income of $132,027.16. Financial statements and a detailed rent roll are available upon request. In addition to its stable income and prime location, the property sits on a spacious lot with room to expand or add an additional structure, making it an ideal candidate for future development. Contact us today to learn more and discuss the full investment potential this site has to offer.

FOR SALE DETAILS

PRICE

$1,795,000 USD

PRICE/SF

$201 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront Retail/Office, Medical

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1983

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,530 SF

ZONING

MUV

APN/PARCEL ID

266-040-019

ASK ABOUT THIS PROPERTY

Daniel ValenzuelaMGR Real EstateMore Info
951-224-1024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.

Daniel ValenzuelaMGR Real EstateMore Info
951-224-1024

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.