23051 Sunnymead Boulevard, Moreno Valley

$670,000

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0 Bed
0 Bath
.37 Acre
0 Garage

Discover a compelling investment opportunity with income on day one in Moreno Valley, California. This is a retail property that uniquely combines practicality and potential. Currently, this property is a complete animal hospital in working order and has a spacious 16,117 square foot lot and a well-designed 1,739 square feet building, strategically positioned in the heart of Moreno Valley. The area is known for its economic vibrancy and diverse community, providing a solid foundation for businesses to thrive. Currently, with below-market rents, there's an immediate value-add prospect for investors seeking to optimize returns. On the other hand, this is also a fantastic opportunity for an owner operator looking for a new high exposure location for their business with unlimited development potential. The property's adaptability, thanks to its generous lot size and versatile building layout, caters to a range of retail possibilities. Moreno Valley's ongoing economic growth and accessibility via major highways further enhance the intrinsic value of this investment. Explore the untapped potential of this property, where practicality meets promise, making it an attractive proposition for those seeking a solid investment in a dynamic and evolving market.

Essential Information

MLS® #
CV23217423
Price
$670,000
Bathrooms
0.00
Acres
0.37
Year Built
1969
Type
Commercial Sale
Sub-Type
Retail
Status
Active

Community Information

Address
23051 Sunnymead Boulevard
Area
259 - Moreno Valley
City
Moreno Valley
County
Riverside
Zip Code
92553
Senior Community
N

Amenities

Parking Spaces
9

Utilities

Electricity Connected, Natural Gas Connected, Water Connected, See Remarks

Interior

Heating
Central
Cooling
Central Air
# of Stories
1

Exterior

Exterior
Block
Roof
Composition
Construction
Block

Additional Information

Date Listed
November 28th, 2023
Days on Market
168

Listing Details

Agent
Demetrios Kitakis
Office
Kitakis Realty Inc.
Property History
Price Reduced from $699,800 to $670,000
Status Changed from Active Under Contract to Active
Status Changed from Active to Active Under Contract

LISTING MAP

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Based on information from California Regional Multiple Listing Service, Inc. as of May 15th, 2024 at 6:10am PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.