$1,650,000

1690 Spruce Street

Riverside CA, 92507

Description

Excellent Opportunity To Develop, Convert, or Keep Existing Prime, Mixed Use, Newer Commercial 7000 Sq Ft Building on Corner Lot on Spruce and Chicago near Downtown Riverside area. The current use is Mexicali Restaurant which was a thriving business with dining area, full bar, private dining room, completely wired audio and visual event and entertainment space, and 2 patios front and back with an open kitchen concept. Fully Functional Facilities and Kitchen with Ample Storage and Refrigeration in Back. Single Story with Dual Doors with no steps inside. Great condition and well maintained. Storage and Loading on Side of Property may be possibly converted to a Drive Through / Pull Through Setup. The property could be converted to a Medical Facility, Medical Offices, Market, Retail, or possible Specialty use. Frequented area with 2 large Office Tower Buildings next door with ample professionals and employees that frequent for lunch and dinner. Easy access to 91 and 215 Freeways, Downtown Riverside, University of California Riverside, and several neighborhoods. The Opportunities are Endless! ALL EQUIPMENT, ALL APPLIANCES, ALL FURNITURE, BUSINESS, IS INCLUDED IN SALE. Call Listing Agent with inquiries for Private Showings and Details on Property.

Details

MLS#OC20110347
Listing TypeFor Sale
StyleIndustrial
Sub-TypeResale
StatusActive
Days On Site259

Features

SQ Feet7,000
Story(s)1

Market Activity 92507

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Area Information
StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 - Riverside
Listing VS Median (in 92507)
Price:
$1,650,000
low | high
Med:
$420,000
100% of Average
SqFt:
7,000
low | high
Med:
1,150
100% of Average
$ / SqFt:
$236
low | high
Med:
$365
4.940711462451% of Average
On Site:
259
low | high
Med:
208
100% of Average
Listing Updated: December 14, 2020 2:38:20 AM PST
Justin Yee LogoMLS Number: OC20110347
Listing Provided By:
Justin Yee  of  Century 21 Masters
MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.