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Listed by Tony Lam • Keller Williams Signature Realty
$ 3,820,000
Est. payment /mo
Active
1710 Main Street Riverside, CA 92501
UPDATED:
01/28/2025 01:49 AM
Key Details
Property Type Commercial
Listing Status Active
Purchase Type For Sale
MLS Listing ID TR-25013348
Year Built 1979
Annual Tax Amount $39,023
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
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