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Established Asian Market Business
For Sale
Contact for pricing

9555 Magnolia Avenue, Riverside, CA 92503

Operating grocery business with walk-in cold-storage equipment and a long operating history.

Property SizeContact for details
Days on Market142

Property Features for 9555 Magnolia Avenue

General Information

Standard status Active
Property subtype Special Purpose, Business for Sale

Additional Details

Business Included Yes
Listing Agency: Century 21 Now Realty
Listed By: Kathy Lee · License #CA
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 12:18PM

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 Century 21 Now Realty

Investment Insights

Based on property information with market context.

This established Asian market business occupies approximately 2,529 square feet and has operated for more than 30 years. The premises include a walk-in cooler and freezer, supporting the store’s grocery and convenience format. The offering concerns the operating business; inventory is not included in the stated transaction terms.

The property is positioned at the northwest corner of Van Buren Boulevard and Magnolia Avenue in Riverside, California. It is situated between a sushi restaurant and Wienerschnitzel, providing a recognizable commercial setting within Riverside County.

Key Highlights

  • Approximately 2,529 SF market business
  • Operating history exceeding 30 years
  • Walk‑in cooler and freezer included

Property Analytics

Current Use

Saet Byul Asian ... Grocery & Convenience Store Joe's | Sushi Japanese ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Daycare Center Electrical Service Butcher Catering Service

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

Lease Details

Turnkey business
Opportunity

Location Intelligence

Trade Area within ½ mile

1,505
Businesses Nearby
249k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 33% Dining 32% Home Improvements & Furnishings 22% Groceries 13%
Lowe's Home Improvements & Furnishings
53,528 visits/mo 0.4 miles
Stater Bros. Markets Groceries
33,555 visits/mo 0.4 miles
SONIC Drive In Dining
26,709 visits/mo 0.1 miles
Jack in the Box Dining
20,326 visits/mo 0.5 miles
ARCO Shops & Services
13,459 visits/mo 0.4 miles

Demographics for 92503, CA

90,011
Population
25,802
Households
3.5
Avg Household Size
35
Median Age
21%
College-Educated
81%
High-School Grad
34.3 sq mi
ZIP Area
2,624
Density / Sq Mi
$91,523
Median Household Income
$42,150
Median Earnings
$1,801
Median Rent
$556,300
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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Similar Off Market Nearby

  • 90 Supermarket 10051 Magnolia Ave # A2, Riverside, CA 92503
  • West Coast African Store in Palm Square Center, 9244 Magnolia Ave, Riverside, CA 92503

Frequently Asked Questions

What type of property is this?
Grocery and convenience store - Operating grocery business with walk-in cold-storage equipment and a long operating history.
Where is this grocery and convenience store located?
The property is located at 9555 Magnolia Avenue Riverside, CA.
What are key features of this property?
This property features: Approximately 2,529 SF market business; Operating history exceeding 30 years; Walk‑in cooler and freezer included
More about this property
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