This is the profitable turnkey leased investment you have been looking for. This freestanding remodeled restaurant facility is leased to a popular and successful eatery, which benefits from a high-traffic street and walkable neighborhood clientele. The real estate is for sale, the business is not for sale. There are 3.5 years remaining on a 5-year lease, with 3% annual increases built-in. The restaurant has two ramps, ample parking, and complementary neighboring businesses. Listed at a conservative cap, at market rents. Don’t miss it!
| MLS # | PW26176019 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1926 |
| Days On Site | 9 |
| Listing Provided By | Coast Realty Solutions, Inc. | Sean Ryan |
| SQ Feet | 1,500 |
|---|---|
| Story(s) | 1 |
| Units | 1 |
| Building(s) | 1 |
| Acreage | 0.23 |
| Cooling | Central Air |
|---|---|
| Heating | Central |
| Heating Yes / No | Yes |
| Cooling Yes / No | Yes |
| Roof | Composition |
|---|---|
| Construction Materials | Drywall, Concrete, Stucco |
| Lot Features | Level, Near Public Transit, Rectangular Lot, Street Level, Walkstreet |
| Fencing | Wrought Iron |
| Utilities | Cable Connected, Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected |
|---|---|
| Electric | Standard |
| Property | 8340 |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92506 |
| Area | 252 Riverside |
| Listing VS Median (in 92506) | |
Price: $838,500 low | high Med: $1,075,000 sqft: 1,500 low | high Med: 12,020 $ / sqft: $559 low | high Med: $238 On site: 9 low | high Med: 71 | |
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92506 |
| Area | 252 Riverside |
| Listing VS Median (in 92506) | |
Price: $838,500 low | high Med: $1,075,000 sqft: 1,500 low | high Med: 12,020 $ / sqft: $559 low | high Med: $238 On site: 9 low | high Med: 71 | |