$650,000
$759,000
14.4%For more information regarding the value of a property, please contact us for a free consultation.
0.41 Acres Lot
SOLD DATE : 10/23/2024
Key Details
Sold Price $650,000
Property Type Commercial
Sub Type Special Purpose
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW23122176
Sold Date 10/23/24
HOA Y/N No
Year Built 1942
Lot Size 0.410 Acres
Lot Dimensions Assessor
Property Description
Long term owners selling net leased property creating an opportunity for new investors to collect rent, or potentially create new business ventures on an owned site. Located on bustling Sunnymead Blvd., the major artery of business in Moreno Valley. Very high traffic count of 31.8 and a walk score of 68.
Iconic location in the midst of the "One of the most dynamic economic market potentials in contemporary California" per the city's home page,
Grab the chance in a market that is about to explode. Property is less than a mile from the Perris Blvd exit off the 60 fwy. Across from a Bowlero and the Rio Rancho Super Mall.
According to the U.S. Census Bureau, the population of Moreno Valley, California was 208,634 in 2021. This is an increase of 3.46% since the 2010 census, which recorded a population of 193,3652. Moreno Valley is the 20th largest city in California and the 109th largest city in the United States2. It is part of the San Bernardino-Riverside Metro Area, also known as the Inland Empire, which has a metro population estimated at 4.2 million. Subject to cancellation of current escrow. Buyer to verify square footage of lot and improvements through their due diligence.
Location
State CA
County Riverside
Area 259 - Moreno Valley
Interior
Heating See Remarks
Cooling See Remarks
Fireplace No
Laundry See Remarks
Exterior
Fence Needs Repair
Utilities Available Electricity Connected, Natural Gas Connected
Roof Type Flat
Total Parking Spaces 20
Building
Lot Description 0-1 Unit/Acre, Street Level
Story 1
Water Public
Others
Tax ID 481161045
Acceptable Financing Cash, Cash to Existing Loan, Cash to New Loan, Contract
Listing Terms Cash, Cash to Existing Loan, Cash to New Loan, Contract
Financing Seller Financing
Special Listing Condition Standard
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Bought with Jacob Iloulian • Jacob Iloulian