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Listed by Francisco Perpuly • EXP REALTY OF CALIFORNIA INC
$ 815,000
Est. payment /mo
Active
8320 Mission Boulevard Jurupa Valley, CA 92509
UPDATED:
12/18/2024 10:02 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID CV-24060791
Year Built 1945
Annual Tax Amount $4,612
Tax Year 2023
Property Description
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.
Location
State CA
County Riverside
Zoning C1/CP
Interior
Heating Central
Cooling Ductless, Central Air
Laundry None
Building
Lot Description Lot 10000-19999 Sqft