1320 Blain St Riverside, CA 92507
- Investment properties
- 4,000 SF
Current Use by Public Records
- Investment properties
Property Details for 1320 Blain St
- Year built
- 1987
- Property size
- 4,000 SF
- Property type
- Investment properties
Description
Exceptional opportunity to acquire a well-established Indian restaurant and grocery store located at 1320 Blain Street, Riverside, CA. This 4,000 square foot business, known as New India Sweets & Spices, boasts a welcoming ambiance and a loyal customer base drawn from both the nearby residential community and the University of California, Riverside campus. The business offers a diverse selection of Indian and Pakistani groceries, alongside a popular menu featuring delicious, freshly made sweets and savory dishes. With a seating capacity of 10-15 patrons, it caters perfectly to both dine-in and takeout customers, providing a convenient option for breakfast, lunch, and dinner. Operating daily from 9 a.m. to 8 p.m., the business benefits from its convenient location near the 215 and 91 freeways, ensuring easy accessibility for customers. The sale includes a valuable tobacco license. This turnkey operation presents a unique opportunity for an entrepreneur seeking a profitable and established business in a high-traffic area with a strong existing customer base. The asking price is $350,000.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.341
- Latitude
- 33.9826
