7167 Magnolia Ave Riverside, CA 92504
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Prime Riverside Office, 4,828 SF, 14 Parking Spaces
Property size:
4,828 SFProperty Features for 7167 Magnolia Ave
General Information
- Property type
- Medical offices
- Square Feet
- 4,828 SF
- Class
- C
- Lot Size
- 9,148 SF
Building Details
- Stories
- 2
Listing Agent: Jennifer Kapur
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
Overview
Exceptional investment opportunity: a two-story, 4,828 square foot office building in Riverside, CA, ideally suited for owner-occupancy. This Class C property, located at 7167 Magnolia Ave (APN 227-283-027), is priced at $1,569,100 ($325/sq ft) and sits on a 0.21-acre lot. The building features a flexible layout accommodating one to three tenants, with three separate HVAC units, three electrical meters, three gas meters, and one water meter. The ground floor includes a common area with restrooms and separate entrances to Suite 100 and access to upper-level Suites 200 and 201 (Suite 201 has a private restroom). Parking consists of 14 spaces (13 standard, 1 handicapped), supplemented by ample street parking. The property benefits from a 2017 roof replacement with a 10-year guarantee, well-maintained brick and wood exterior, and building top signage availability. Conveniently located in Magnolia Center, near the 91 freeway (Arlington/Central Ave exits), this property offers easy access and visibility. The building's sewer line allows for simple expansion, and a 40-foot free span provides flexibility for open space or additional offices. While previously used as a medical office, it lacks an elevator. The parking lot requires a slurry coat. This versatile property presents a strong return on investment.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Aegis Pacific Insurance
Insurance Agency
Golden California Insurance
Insurance Agency
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.4036324
- Latitude
- 33.9452552
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FAQs
What type of property is this?
Medical office - Prime Riverside Office, 4,828 SF, 14 Parking Spaces
Where is this medical office located?
The property is located at 7167 Magnolia Ave Riverside, CA.
What is the asking price?
The asking price for this property is $1,569,100.
What are key features of this property?
This property features: Two-story, 4,828 square foot office building in Riverside, CA, suitable for owner-occupancy or multiple tenants.; Ground floor features a common area with restrooms and separate entrances to Suite 100 and access to upper-level Suites 200 and 201; Suite 201 has a private restroom.; 14 parking spaces (13 standard, 1 handicapped) plus ample street parking; parking lot needs a slurry coat.