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    11170 Magnolia Avenue , C

    Riverside, CA 92505
    • $274,900
    • STATUS: Active
    • ON SITE: 411 days
    • ID#: IG19118165
    UPDATED: 28 min ago
    $274,900
    • 0
      BEDS
    • N/A
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Business Opportunity
    County:

    School Ratings & Info

    Description

    FAMOUS, POPULAR CHINESE RESTAURANT IN RIVERSIDE. SELLER WAS RUNNING THIS RESTAURANT SINCE YEAR 1989(APPROX. 30 YEARS).GOOD LOCATION. SOUTH WEST CORNER OF LA SIERRA AVE AND MAGNOLIA AVE. THERE ARE 99 CENTS STORE, DOMINO PIZZA HOUSE, SUSHI RESTAURANT, DONUT SHOP, LIQUOR STORE, EL POLLO LOCO ETC. LOCATED AT A BIG SHOPPING CENTER. HAS A LIQUOR LICENSE.THE REASON FOR SELLING IS TO RETIRE.

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    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-05T12:24:32.397. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

    www.sdluxe.com/homes/95018750
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    11170 Magnolia Avenue , C Riverside, CA 92505

    • Price: $274,900
    • Status: Active
    • Updated: 28 min ago
    • ID#: IG19118165
    0
    Beds
    0
    Baths
    0
    ½ Baths
    N/A
    Acres
    Neighborhood:
    252 - Riverside
    County:
    Riverside
    Area:
    252 - Riverside
    Property Description
    FAMOUS, POPULAR CHINESE RESTAURANT IN RIVERSIDE. SELLER WAS RUNNING THIS RESTAURANT SINCE YEAR 1989(APPROX. 30 YEARS).GOOD LOCATION. SOUTH WEST CORNER OF LA SIERRA AVE AND MAGNOLIA AVE. THERE ARE 99 CENTS STORE, DOMINO PIZZA HOUSE, SUSHI RESTAURANT, DONUT SHOP, LIQUOR STORE, EL POLLO LOCO ETC. LOCATED AT A BIG SHOPPING CENTER. HAS A LIQUOR LICENSE.THE REASON FOR SELLING IS TO RETIRE.
    Property Features

    Additional Parcels YN No Building Area Units Square Feet Business Name Peking Chinese Restaurant Business Type Restaurant Country Us Gross Operating Income 900000.00 Leasable Area 2500.00 Leasable Area Units Square Feet Net Profit 319900 Number Of Full Time Employees 9 Number Of Part Time Employees 1 Operating Expense 580100.00 Total Actual Rent 5450.00 Year Established 34 Years Current Owner 30

    Listing provided courtesy of Kathy Lee of Century 21 Now Realty


    Based on information from California Regional Multiple Listing Service, Inc. as of 2020-07-05T12:24:32.397. 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 deemed reliable but is not guaranteed accurate by the MLS or Crudo & Associates | Willis Allen Real EstateLa Jolla. Licensed in the State of California, USA.

     
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    Crudo & Associates | Willis Allen Real EstateLa Jolla
    1131 Wall St.
    La Jolla CA, 92037