Remarks

This two-story retail building, strategically located on a signalized corner in Jurupa Valley, offers a unique investment opportunity. The property features five commercial storefronts with separate addresses, plus a spacious three-bedroom apartment on the second floor. Current management has optimized the space by combining some units to create larger, more versatile rental options.
The property includes a separate vacant lot (with its own APN) currently utilized as a parking area, bringing the total lot size to over 18,000 square feet. Recent extensive renovations have significantly enhanced the building's value and functionality, including: Upgraded electrical systems, New windows, Modern air conditioning, Updated plumbing
All businesses within the building are ADA compliant, featuring necessary accommodations such as handicap ramp access. The property's versatility is exemplified by its current tenants: a restaurant occupying two spaces (with equipment and fixtures included), a barbershop undergoing remodeling across two units, and the fully renovated and leased apartment upstairs. The market benefits from the location and the foot traffic.

This multi-use property presents an excellent opportunity for investors looking to diversify their portfolio with a mix of commercial and residential real estate in a prime location.

Details

MLS#: DW24191814
Price: $2,100,000

Sq Ft: 6050.00
Year Built: 1961

County: Riverside