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Property profile & analytics
OFF-MARKET
Investment properties

1320 Blain St Riverside, CA 92507

4,000 SF Built 1987
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Investment properties
Year built 1987
Total area 4,000 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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