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Divisible Retail Building
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6948 Magnolia Ave, Riverside, CA 92506

Retail building totaling 3,600 SF, divisible into approximately 1,400 SF spaces.

Property Size3,600 SF
Days on Market123

Property Features for 6948 Magnolia Ave

General Information

Standard status Active
Size 3,600 SF
Property subtype Retail
Listing Agency: Lee & Associates - Riverside
Listed By: Nick Wirick · License #CA 01304661
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Jul 23 at 5:15PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Lee & Associates - Riverside

Investment Insights

Based on property information with market context.

This retail building offers a total of 3,600 SF and can be divided into smaller spaces of approximately 1,400 SF each. The property is available with 30 days’ notice or at close of escrow.

The asset is located at 6948 Magnolia Ave in Riverside, CA 92506.

Key Highlights

  • Retail building totaling 3,600 SF
  • Space is divisible into approximately 1,400 SF units
  • Available with 30 days notice or at close of escrow

Property Analytics

Current Use

Retail space

Suggested Use

Top Pick Big Box & Wholesale Store Parking Lot & Garage Electrical Service Hotel & Motel Bar & Pub Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

2,355
Businesses Nearby
73k
Monthly Visits Nearby

Foot Traffic Nearby

Apparel 49% Shops & Services 40% Dining 7% Electronics 4%
Ross Dress for Less Apparel
35,545 visits/mo 0.5 miles
Dollar Tree Shops & Services
15,390 visits/mo 0.4 miles
7-Eleven Shops & Services
8,651 visits/mo 0.3 miles
Baskin-Robbins Dining
4,031 visits/mo 0.3 miles
Chase Bank Shops & Services
3,786 visits/mo 0.4 miles

Demographics for 92506, CA

45,185
Population
15,407
Households
2.9
Avg Household Size
41
Median Age
42%
College-Educated
93%
High-School Grad
16.2 sq mi
ZIP Area
2,789
Density / Sq Mi
$120,877
Median Household Income
$51,224
Median Earnings
$1,814
Median Rent
$634,900
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - Retail building totaling 3,600 SF, divisible into approximately 1,400 SF spaces.
Where is this retail space located?
The property is located at 6948 Magnolia Ave Riverside, CA.
What are key features of this property?
This property features: Retail building totaling 3,600 SF; Space is divisible into approximately 1,400 SF units; Available with 30 days notice or at close of escrow
More about this property
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