Property profile

7784 Limonite Ave Riverside, CA 92509

OFF-MARKET
Investment properties
3.77 ac lot Built 1980
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Property summary

AI-generated overview

This exceptional opportunity presents the acquisition of Simply Cakes Ete Bakery, a well-established Riverside, CA business operating for over two decades. The bakery enjoys a strong reputation for its custom cakes, pastries, and other baked goods, built on high-quality ingredients and exceptional customer service. Located on a 3.77-acre lot at 7784 Limonite Avenue, Unit 7784, the bakery benefits from a prime location with high foot traffic and ample parking. The fully equipped commercial kitchen includes professional-grade ovens, mixers, refrigerators, and display cases, ensuring seamless operations. The business boasts a loyal clientele, including repeat customers, local businesses, and event planners, creating a diverse revenue stream. Simply Cakes Ete Bakery offers a turnkey operation, ideal for experienced bakers or entrepreneurs seeking a thriving, established business with significant growth potential. The asking price is $250,000. This is a rare chance to own a successful, community-loved bakery with a proven track record of success. The business offers a wide variety of baked goods, including custom cakes, cupcakes, pastries, cookies, and more. This is a truly unique opportunity to step into a ready-made business with a strong brand and loyal customer base.

Property profile

Verified
Property type Investment properties
Year built 1980
Lot 3.77 ac (164,221 SF)

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Cafe & Coffee Shop
  • Wedding Service Bakery

Location

7784 Limonite Ave Riverside, CA 92509
Riverside metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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