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    9670 Magnolia Ave Riverside, CA 92503

    For Sale
    $220,000

    Business Opportunity - Riverside, CA

    Days on Market:
    128
    Last Refresh:
    Dec 11 at 12:06 pm

    Property Features for 9670 Magnolia Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active

    Building Details

    Architectural style
    Other

    OneAmerica Real Estate and Mortgage (714) 955-2939 [email protected]

    Listing agent ALFREDO EVARISTO-LAZARTE (951) 777-1177 License #01433821

    Listing date Aug 6, 2025

    MLS# IV25177430 Listing URL

    Copyright © 2025 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Restaurant Opportunity in Riverside

    This is a turnkey ready, fully equipped restaurant opportunity located in Riverside, California. The restaurant includes all necessary commercial-grade kitchen equipment, furniture, fixtures, and supplies needed for immediate operation, covering food preparation, service, and sanitation. The property is currently operating as a long-time, popular, and profitable dine-in and takeout Mexican food restaurant. It is situated in an unbeatable location on Magnolia Avenue, near the Tyler mall, Van Buren Boulevard, and the 91 Freeway. The location benefits from a great, long-time clientele that would loyally support new owners maintaining the same concept or introducing a new one. This property presents a rare opportunity to continue a well-established Mexican restaurant or to implement a new culinary concept.
    Location Intelligence

    Current Use by Public Records

    Tony's Mexican Grill ... Mexican Restaurant Jyothi A. Reddy, MD ... Gastroenterologist Mexicare Pharmacy Pharmacy Con Sabor a Sinaloa Coffee Shop Shae’s Skin Bar Beautician

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    SoCalMex Tacos Catering

    Location Insight

    • Map
    • Local Demand
    City
    Riverside
    County
    Riverside
    State
    California
    Longitude
    -117.4493989
    Latitude
    33.9183776

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    FAQs

    What type of property is this?
    Restaurant - Fully equipped, profitable Mexican restaurant for sale in Riverside, CA.
    Where is this restaurant located?
    The property is located at 9670 Magnolia Ave Riverside, CA.
    What is the asking price?
    The asking price for this property is $220,000.
    What are key features of this property?
    This property features: - Turnkey restaurant - includes all commercial-grade kitchen equipment, furniture, fixtures, and supplies.; - Unbeatable location on Magnolia Ave, near Tyler mall, Van Buren Blvd, and the 91 freeway.; - Long-time profitable dine-in and takeout Mexican food restaurant.
    (951) 777-1177
    Request Owner's contact information
    9670 Magnolia Ave Riverside, CA 92503
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    Riverside, CA 92503
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    9670 Magnolia Ave Riverside, CA 92503
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