Temecula-Murrieta Valley Homes
Address
1690 Spruce Street Riverside, CA
Price
$ 1,650,000
Property Attributes
  • MLS#OC20110347
  • TypeCommercial
  • CountyRIVERSIDE
  • CityRiverside
  • AreaRiverside
  • Zip92507
  • StyleSpecialty
  • Price$ 1,650,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage7000
Listing Provided Courtesy Of:
Justin Yee with Century 21 Masters.
Property Description

Excellent Opportunity To Develop, Convert, or Keep Existing Prime, Mixed Use, Newer Commercial 7000 Sq Ft Building on Corner Lot on Spruce and Chicago near Downtown Riverside area. The current use is Mexicali Restaurant which was a thriving business with dining area, full bar, private dining room, completely wired audio and visual event and entertainment space, and 2 patios front and back with an open kitchen concept. Fully Functional Facilities and Kitchen with Ample Storage and Refrigeration in Back. Single Story with Dual Doors with no steps inside. Great condition and well maintained. Storage and Loading on Side of Property may be possibly converted to a Drive Through / Pull Through Setup. The property could be converted to a Medical Facility, Medical Offices, Market, Retail, or possible Specialty use. Frequented area with 2 large Office Tower Buildings next door with ample professionals and employees that frequent for lunch and dinner. Easy access to 91 and 215 Freeways, Downtown Riverside, University of California Riverside, and several neighborhoods. The Opportunities are Endless! ALL EQUIPMENT, ALL APPLIANCES, ALL FURNITURE, BUSINESS, IS INCLUDED IN SALE. Call Listing Agent with inquiries for Private Showings and Details on Property.

Price History
6/13/2020 Listed $2,250,000
7/2/2020 16% - $1,900,000
10/21/2020 14% - $1,650,000

General Features

Business Type Bar/Tavern/Lounge, Deli/Catering, Fast Food, Food & Beverage, Restaurant
Construction Materials Concrete, Stucco
Current Financing Private
Directions CORNER of SPRUCE ST and CHICAGO AVE in Riverside. Enter on either Spruce St OR Chicago Ave.
Heating Central
Listagentaor Orange County
Listing Agent Justin Yee - BRE#01904338
Listing Agent State License 01904338
MLS Area 252 - Riverside
Price Per Square Foot 235.71
Property SubType Specialty
Property Type Commercial Sale
Security Features Carbon Monoxide Detector(s), Closed Circuit Camera(s), Fire and Smoke Detection System, Fire Sprinkler System, Security System, Smoke Detector(s), Wired for Alarm System
Source System CRMLS
Special Listing Conditions Standard
Topography Flat
Utilities Electricity Connected, Phone Connected, Sewer Connected, Underground Utilities, Water Connected

Interior Features

Air Conditioning Y/N Yes
Condo Area Unit Type Square Feet
Heating Y/N Yes
Laundry Features Electric Dryer Hookup, Washer Hookup
Total Stories 1

Exterior Features

Building Area Total 7000.00
Land Use Other
Lot Size Source Assessor
Number of Buildings 1
Total Parking 50.00
Water Source Public

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 92507

Price
AVG $580K
$1.65M
Visits
AVG 64
68
Walkscore
AVG 49
56
Data Provided by Walkscore ® not using MLS data

Looking for a more comfortable experience?

Download our mobile app for a personalized browsing experience.

https://www.facebook.com/temeculamurrietavalleyhomes/?ref=bookmarks