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9418 Magnolia Avenue

Riverside, CA 92503
  • $150,000
  • STATUS: Active
  • ON SITE: 40 Days
  • ID#: IV23022010
UPDATED: 40 min ago
$150,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Business Opportunity
County:

School Ratings & Info

Listing Agent(s): Marvin E. Portillo of Allied, Realtors (909-437-3012)


Description

A family Mexican food restaurant since 2007, this local favorite has garnered several awards including The Press-Enterprise's "Best Local Restaurant" in 2011. The name, business signs, menu and recipes are part of the sale. The rent is only $2,700 and includes water; the current lease term ends January 2026. With two large dining rooms, the square footage is about 2,000. Monthly utility expenses comprise of electricity $900, natural gas $900, trash $140, and phone/internet $150.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T22:27:10.973. 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/136783861
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9418 Magnolia Avenue Riverside, CA 92503

  • Price: $150,000
  • Status: Active
  • On Site: 40 Days
  • Updated: 40 min ago
  • ID#: IV23022010
0
Beds
0
Baths
0
½ Baths
N/A
Acres
Neighborhood:
252 - Riverside
County:
Riverside
Area:
252 - Riverside
Property Description
A family Mexican food restaurant since 2007, this local favorite has garnered several awards including The Press-Enterprise's "Best Local Restaurant" in 2011. The name, business signs, menu and recipes are part of the sale. The rent is only $2,700 and includes water; the current lease term ends January 2026. With two large dining rooms, the square footage is about 2,000. Monthly utility expenses comprise of electricity $900, natural gas $900, trash $140, and phone/internet $150.
Property Features

Additional Parcels YN No Business Type Restaurant Leasable Area 2000 Lease Assignable YN Yes Lease Renewal Option YN Yes Listing Agreement Exclusive Right To Sell Listing Service Full Service Total Actual Rent 2700



Based on information from California Regional Multiple Listing Service, Inc. as of 2023-03-21T22:27:10.973. 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
8898 La Mesa Blvd.
La Mesa CA, 92042
Listing Agent(s): Marvin E. Portillo of Allied, Realtors (909-437-3012)