Retail Showroom with Separate
For Sale
$1,399,999
6692 Magnolia, Riverside, CA 92506
Commercial Sale, Riverside, CA
Property Size3,708 SF
Price / SF$377.56
Days on Market125
Property Features for 6692 Magnolia
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C3
Directions
Brockton & Magnolia
Subdivision
252 - Riverside
Standard status
Active
APN
225203004
Tenancy & Operations
Currently Operating
Yes
Tenant in Place
Yes
Utilities
Cooling system
Window Unit(s), Ductless, Wall/Window Unit(s)
Building Details
Year built
1957
Buildings
2
Listing Agency:
WSR REAL ESTATE
(951) 682-1000
Listed By:
JEFFREY WOLSLEGER · License #01253398
(951) 966-1776
Added: Jul 5
Changed: Nov 5
Last Checked: Nov 6 at 12:06PM
MLS# IV26145743
Copyright © 2026 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.
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
The property includes a 2,908-square-foot retail showroom currently used as a flooring store and a detached 800-square-foot building occupied by a hair salon on a month-to-month lease. Built in 1957, the showroom has wall/window and ductless cooling. An on-site metal storage container is used for carpet inventory.
The main building has frontage on Magnolia Avenue and a secondary customer entrance on Brockton Avenue. Street parking is available by the showroom, with dedicated parking at the Brockton Avenue entrance. The property is zoned C3.
The main building has frontage on Magnolia Avenue and a secondary customer entrance on Brockton Avenue. Street parking is available by the showroom, with dedicated parking at the Brockton Avenue entrance. The property is zoned C3.
Key Highlights
- 2,908‑square‑foot showroom currently operating as a flooring store
- Detached 800‑square‑foot building with a month‑to‑month hair salon tenant
- Magnolia Avenue storefront and a secondary customer entrance on Brockton Avenue
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$53,150
Cap Rate
3.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,000
$1.1M
Cap Rate 7%
$759,286
$759.3K
Cap Rate 9%
$590,556
$590.6K
Market Conditions
NOI Build-Up for 3,708 SF
Gross rent
$80.1K $21.60/SF
− Vacancy
−$4.2K −$1.12/SF
EGI
$75.9K $20.48/SF
− OpEx
−$22.8K −$6.14/SF
NOI
$53.1K $14.33/SF
Area
ZIP 92506
Vacancy
5.20%
Lease Rate
$21.60 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,063,000
Cap Rate 7%
$759,286
Cap Rate 9%
$590,556
Alternative Uses
Best Use
Retail
$759.3K
$664.4K – $885.8K
NOI $53,150 @ 7.0% cap · market cap 3.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.27M
$1.11M – $1.48M
NOI $89,049 @ 7.0% cap · market cap 6.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
3,271
Businesses Nearby
518k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 52%
Shops & Services 20%
Apparel 10%
Leisure 8%
Regal Cinemas Riverside Plaza 16
Leisure
42,519 visits/mo
0.5 miles
Burlington
Apparel
31,702 visits/mo
0.4 miles
Chick-fil-A
Dining
28,686 visits/mo
0.3 miles
Jack in the Box
Dining
24,974 visits/mo
0.5 miles
Wendy's
Dining
21,227 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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Retail space in Riverside
Vacancy Rate% for Retail in West region
Frequently Asked Questions
What type of property is this?
Retail space - A second, detached building has a month-to-month salon tenant, while the main showroom is used for flooring retail.
Where is this retail space located?
The property is located at 6692 Magnolia Riverside, CA.
What is the asking price?
The asking price for this property is $1,399,999.
What are key features of this property?
This property features: 2,908‑square‑foot showroom currently operating as a flooring store; Detached 800‑square‑foot building with a month‑to‑month hair salon tenant; Magnolia Avenue storefront and a secondary customer entrance on Brockton Avenue
