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1889 University Avenue , #105

Riverside, CA 92507
  • $85,000
  • STATUS: Active
  • ON SITE: 98 Days
  • ID#: PW26007072
UPDATED: 61 min ago
$85,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Yvonne Tran of Lifetime Realty Inc (714-363-3888)


Description

Turnkey food and Boba beverage business opportunity located in Riverside, CA. The property is currently operating as R&B Tea and features a full commercial kitchen, making it suitable for a wide range of food or beverage concepts, including restaurant conversion, kitchen, or franchise operation (buyer to verify permitted use with city and landlord).The interior has been remodeled twice, with the most recent renovation completed in June 2025, including all new furniture and updated finishes, providing a clean, modern, and move-in-ready space. The business includes a fully built-out kitchen with hood system, grease trap, gas line, and existing equipment and fixtures.The sale is an asset sale and includes equipment, furniture, fixtures, and improvements. Buyer may continue operating under the existing concept or rebrand, subject to lease terms. Lease assignment and landlord approval required.Ideal for an owner-operator or food service operator seeking a turnkey location and significant savings on build-out and permitting costs.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-21T14:35:55.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
www.bobkellyteam.com/homes/172037342
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1889 University Avenue , #105 Riverside, CA 92507

  • Price: $85,000
  • Status: Active
  • On Site: 98 Days
  • Updated: 61 min ago
  • ID#: PW26007072
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
Turnkey food and Boba beverage business opportunity located in Riverside, CA. The property is currently operating as R&B Tea and features a full commercial kitchen, making it suitable for a wide range of food or beverage concepts, including restaurant conversion, kitchen, or franchise operation (buyer to verify permitted use with city and landlord).The interior has been remodeled twice, with the most recent renovation completed in June 2025, including all new furniture and updated finishes, providing a clean, modern, and move-in-ready space. The business includes a fully built-out kitchen with hood system, grease trap, gas line, and existing equipment and fixtures.The sale is an asset sale and includes equipment, furniture, fixtures, and improvements. Buyer may continue operating under the existing concept or rebrand, subject to lease terms. Lease assignment and landlord approval required.Ideal for an owner-operator or food service operator seeking a turnkey location and significant savings on build-out and permitting costs.
Exterior Features

Sign On Property YN No

Interior Features

Building Features Phone SystemTV System

Property Features

Additional Parcels YN No Building Name Preston Ellis Co Business Name The Destiny Tea Spot Business Type Food & Beverage Leasable Area 1328 Lease Assignable YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash Operating Expense 20000 Total Actual Rent 2988



Based on information from California Regional Multiple Listing Service, Inc. as of 2026-04-21T14:35:55.747. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties. Licensed in the State of California, USA.
 
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The Bob Kelly Team | Berkshire Hathaway Home Services Ca. Properties
2355 Northside Drive, Suite 180
San Diego CA, 92108
Listing Agent(s): Yvonne Tran of Lifetime Realty Inc (714-363-3888)