$1,400,000
$1,650,000
15.2%For more information regarding the value of a property, please contact us for a free consultation.
4024 12th ST Riverside, CA 92501
0.42 Acres Lot
Key Details
Sold Price $1,400,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID AR24042747
Sold Date 08/26/24
HOA Y/N No
Year Built 1961
Lot Size 0.420 Acres
Property Sub-Type Office
Property Description
Approximate 5,000 SF free-standing medical building situated on the corner of 12th and Brockton in Downtown Riverside. Located adjacent to the new County building and one block from Riverside Community Hospital. Suite A is leased to Western Dental which is a national company. They have through 2027 left on the lease with an option to renew. Great income! Suite B is vacant for an owner/user. It has 2,500 SF of raw space ready for build-out. It has 11 parking spaces dedicated with 1 handicap space. The units have separate electrical and Western Dental pays their share of expenses. Electrical and plumbing are already routed throughout vacant unit. Nicely landscaped with 2 parking lots and ample street parking. Western Dental has their own parking lot.
Excellent corner visibility and signage. Easy access to the 91 and 60 freeways. Great walking traffic in Downtown Riverside.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating None
Fireplace No
Laundry None
Exterior
Present Use Commercial
Building
Lot Description Corner Lot, Near Public Transit
Story 2
Water Public
Others
Tax ID 215231003
Acceptable Financing 1031 Exchange
Listing Terms 1031 Exchange
Financing Cash
Special Listing Condition Standard
Read Less
Want to know what your home might be worth? Contact us for a FREE valuation!
Our team is ready to help you sell your home for the highest possible price ASAP
Bought with Linda Vidov Top Commercial Realty, Inc