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$3,175,000
Est. payment /mo
1.07 Acres Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV24171579
HOA Y/N No
Year Built 1996
Lot Size 1.070 Acres
Property Sub-Type Business
Property Description
This commercial restaurant property is situated on a 46,609 square foot lot. It offers 183 feet of frontage along Jefferson Avenue (four lane arterial street,) has a drive-thru and 55 parking spaces. The building is 3,821 square feet and was constructed in 1996; with the last remodel completed in 2022. It is currently outfitted with a fully operational Arby's on a long term lease - lessee is in year five of the current twenty year term, with two additional/optional five year extensions. This property is visible from the 15 freeway; with signage that is also visible from the freeway. It is situated in a well established area with a hotel on the adjacent property, as well as many other commercial spaces with active businesses. This is an incredible opportunity to procure property and earn rental income immediately.
Location
State CA
County Riverside
Area Srcar - Southwest Riverside County
Zoning UC
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Excellent Condition
Utilities Available Electricity Connected, Phone Connected, Sewer Connected, Water Connected
Building
Lot Description Rectangular Lot
Story 1
Water Public
Others
Tax ID 921480068
Acceptable Financing Cash, 1031 Exchange
Listing Terms Cash, 1031 Exchange
Special Listing Condition Standard
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Listed by NATHANIEL DEVLIN • DEVLIN REALTY • 951-538-1112
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