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Listed by Nancy Liu • Pinnacle Real Estate Group
$ 3,820,000
Est. payment /mo
Active
1710 Main Street Riverside, CA 92501
UPDATED:
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR-25055509
Year Built 1979
Annual Tax Amount $39,023
Property Sub-Type Retail
Property Description
Prime Investment Opportunity - Long-term Leased Single Tenant Property in Riverside, California Overview: Seize this exceptional investment opportunity in a bustling area of Riverside. This single-tenant commercial building spans 8,259 square feet and has been successfully leased to Family Dollar for over 11 years, demonstrating a strong and stable tenant commitment. Key Features: o Long-term Tenant: Family Dollar has a robust history at this location, with a solid lease agreement extending into the long term. o Strategic Location: Prominently situated at the corner of Main St. and Strong St., this property benefits from high visibility and traffic, enhancing business potential. o Ample Parking: The property includes extensive parking facilities, ensuring convenience for customers and staff. o Building Details: The property is well-maintained and configured to support a variety of retail activities, making it an attractive spot for shoppers. Investment Highlights: o Secure Income Stream: With a reputable and long-standing tenant like Family Dollar, investors are assured of a reliable income. o Desirable Area: Riverside is a growing city with a thriving business community, promising appreciation and investment retention. o Ease of Management: The existing lease agreement and tenant management make this an ideal opportunity for those seeking a hands-off investment. Offering Details: This property represents a rare chance to invest in a well-established retail location with a proven track record of success. Call today to learn more about how this property can be a valuable addition to your investment portfolio.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning Retail
Interior
Heating None
Cooling Central Air
Laundry None
Exterior
Utilities Available Sewer Connected, Electricity Connected, Phone Connected
Building
Lot Description Corner Lot, 0-1 Unit/Acre