$920,000
$959,000
4.1%For more information regarding the value of a property, please contact us for a free consultation.
0.77 Acres Lot
SOLD DATE : 09/14/2021
Key Details
Sold Price $920,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID PW20059353
Sold Date 09/14/21
HOA Y/N No
Lot Size 0.770 Acres
Property Sub-Type Retail
Property Description
Live and work opportunity! Excellent development or owner user opportunity on the major thoroughfare going through the city of Norco. Located just 1.1 miles from the 15 freeway, this +/- 33,541 SF flat lot has a number of development opportunities. There are currently 2 structures on the property - a 3 bed/2 bath single family home with many upgrades and a +/- 1,300 SF retail building. You can live on site and operate your own business out of the retail building...which has pole signage.
If you are looking to redevelop the site, the city is open for business and ready to welcome uses that will benefit the community. There is a need for a number of restaurant concepts such as casual dine in, brewery, BBQ, coffee shop or cafe. Some drive thru concepts such as Raising Cane's, Pete's Coffee, Coffee Bean, Dunkin Donuts will also be considered.
There are currently 2 occupied structures on site. There is a clothing business with pylon signage and a SFR. DO NOT DISTURB OCCUPANTS FOR ANY REASON.
Location
State CA
County Riverside
Area 250 - Norco
Zoning C4
Rooms
Other Rooms Living Quarters
Interior
Heating Central
Fireplace No
Laundry Electric Dryer Hookup, Gas Dryer Hookup, Inside
Exterior
Utilities Available Cable Connected, Electricity Connected, Other, Phone Connected, Sewer Connected
Total Parking Spaces 10
Building
Lot Description Level
Story 1
Water Public
Additional Building Living Quarters
Others
Tax ID 133150010
Acceptable Financing Cash, Cash to New Loan, Conventional, 1031 Exchange, Government Loan, Submit
Listing Terms Cash, Cash to New Loan, Conventional, 1031 Exchange, Government Loan, Submit
Financing Other
Special Listing Condition Standard
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