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24264 Washington Avenue

Murrieta, CA 92562
  • $3,500,000
  • STATUS: Active
  • ON SITE: 215 Days
  • ID#: EV21091291
UPDATED: 65 min ago
$3,500,000
  • 0
    BEDS
  • 5.34
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Type:
Commercial
Built:
1932
County:

School Ratings & Info

Listing Agent: Lisa Altamirano of Wheeler Steffen Sotheby's Int


Description

Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Two residential houses, most likely tear-downs, on property and currently generating rental income. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T08:25:12.213. 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 Twiss Realty. Licensed in the State of California, USA.
www.twissrealty.com/homes/116691770
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24264 Washington Avenue Murrieta, CA 92562

  • Price: $3,500,000
  • Status: Active
  • On Site: 215 Days
  • Updated: 65 min ago
  • ID#: EV21091291
0
Beds
0
Baths
0
½ Baths
5.34
Acres
1932
Built
Neighborhood:
Srcar - Southwest Riverside County
County:
Riverside
Area:
Srcar - Southwest Riverside County
Property Description
Prime commercial development opportunity on 5.34 level acres in one of Southern CAs fast growing cities. Incorporated in 1991, Murrieta boasts an explosive population growth with a desirable demographic profile of $122.2k average HH income (MAR2021) and Median age of 36.1. With 330ft of frontage and zoned NC, subject property is ideally situated on a high traffic thoroughfare with substantial radius of newer single and multi-family housing communities, and in proximity to schools, freeways and recently approved developments including a 7-Eleven with an 8 pump gas station planned for the adjacent corner lot. Neighborhood Commercial zoning allows for a wide variety of uses including retail, restaurant, offices, gym, grocery store, bank and more. Two residential houses, most likely tear-downs, on property and currently generating rental income. Visit City of Murrieta website for more info on Development and Demographics. Buyer to verify all aspects of the property.
Exterior Features

Fencing None Lot Features Lot Over 40000 SqftNear ParkNear Public TransitStreet LevelTear DownValue In LandLevel Sign On Property YN Yes Topography Level

Property Features

Additional Parcels YN Yes Common Interest None Community Features Park Current Financing None Electric Electricity - On Property Land Lease YN No Laundry Features Electric Dryer HookupGas Dryer Hookup Lease Considered YN No Listing Agreement Exclusive Right To Sell Listing Service Full Service Listing Terms Cash To New Loan Number Of Units Leased 2 Property Sub Type Unimproved Land Special Listing Conditions Standard Utilities Electricity ConnectedNatural Gas ConnectedSewer ConnectedWater Connected Water Source Public Zoning Neighborhood Commercial



Based on information from California Regional Multiple Listing Service, Inc. as of 2021-12-04T08:25:12.213. 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 Twiss Realty. Licensed in the State of California, USA.
 
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Twiss Realty
5071-A Cole Road
Mariposa CA, 95338
Listing Agent: Lisa Altamirano of Wheeler Steffen Sotheby's Int