$1,640,000
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.
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Listed by SHELBY LOOMIS with WESTCOE REALTORS INC (951) 784-2500
Property Type
Mixed Use
Status
Active
MLS Number
IV26096288
Year Built
N/A
Lot Size
0.83 acres