10611 Magnolia Avenue, Riverside, CA 92505

$1,640,000

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List Price
$1,640,000
Status
ACTIVE
MLS#
IV26096288
Lot Size
36,155
Acres
0.83
Lot Location
2-5 Units/Acre
Days on Market
83
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

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.

Additional Information

Water
Public
Attached Structure
Detached

Listing courtesy of Listing Agent: SHELBY LOOMIS (shelby@westcoe.com) from Listing Office: WESTCOE REALTORS INC.

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Based on information from California Regional Multiple Listing Service, Inc. as of . 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 usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.