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3796 San Rafael WAY Riverside, CA 92504
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Key Details
Sold Price $998,000
Property Type Commercial
Sub Type Office
Listing Status Sold
Purchase Type For Sale
MLS Listing ID IV23165816
Sold Date 02/29/24
HOA Y/N No
Year Built 1954
Annual Tax Amount $3,335
Lot Size 7,405 Sqft
Lot Dimensions Public Records
Property Sub-Type Office
Property Description
We are pleased to present a unique and exceptional opportunity in the healthcare industry: a fully equipped medical office practice, price includes the real estate and for business operations listed at $1,400,000 refer to MLS #IV23165465. This medical facility boasts an expansive 3,194 sq ft of prime commercial space, thoughtfully designed to cater to the needs of medical professionals. Located at an enviable position in Riverside, California, this property offers not only an excellent investment opportunity but also the potential to serve as a thriving medical practice for years to come.
The medical building is characterized by its strategic placement, nestled ideally between the highly regarded Riverside Community Hospital and Parkview Hospital. This prime location not only enhances visibility and accessibility but also underscores its desirability among both patients and medical practitioners. In addition to its strategic positioning, the property features ample parking with 13 dedicated spaces and ample street parking.
Inside, the facility is thoughtfully designed to optimize patient care and practitioner efficiency. The space boasts seven examination rooms, two spacious patient waiting areas, and a welcoming reception area. Furthermore, it offers three well-maintained restrooms, ensuring convenience for patients and staff alike.
The demographics in the immediate vicinity of the property are particularly appealing for a medical practice. Within a one-mile radius, the average household income stands at a robust $82,853, while extending to a three-mile radius increases the average household income to $91,433. These favorable demographics suggest a steady stream of potential patients seeking medical services.
Dr. Mukergee, the current owner, has been dedicatedly serving the community for over three decades, establishing a robust and loyal patient base. Notably, the practice enjoys a steady cash flow, underpinned by a diverse patient demographic that continues to grow. This represents an excellent opportunity for an aspiring medical professional or an investment-minded buyer to take over an established and thriving medical practice.
This medical office practice sale represents an outstanding opportunity to acquire a turnkey medical facility in a highly sought-after location, with established patient base and impressive financial prospects. Don't miss the chance to make your mark in the healthcare industry with this exceptional offering.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning O
Interior
Heating Central
Cooling Central Air
Fireplace No
Laundry None
Exterior
Fence Average Condition
Utilities Available Electricity Connected, Natural Gas Connected, Phone Connected, Sewer Connected, Water Connected
Roof Type Flat
Total Parking Spaces 13
Building
Lot Description Corner Lot, Level
Story 1
Water Public
Others
Tax ID 230131005
Acceptable Financing Cash, Cash to New Loan, Conventional, Owner May Carry
Listing Terms Cash, Cash to New Loan, Conventional, Owner May Carry
Financing Conventional
Special Listing Condition Standard
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Bought with VINOD DESAR BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY
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