Riverside, CA 92503,10051 MAGNOLIA AVE
Riverside, CA 92503,10051 MAGNOLIA AVE
Riverside, CA 92503,10051 MAGNOLIA AVE
Riverside, CA 92503,10051 MAGNOLIA AVE
Riverside, CA 92503,10051 MAGNOLIA AVE
Riverside, CA 92503,10051 MAGNOLIA AVE
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Scott Greenspan

Scott Greenspan

Greenspan Realty

+1(310) 936-7270
$ 179,999
Est. payment | /mo

Save
$ 179,999
Est. payment | /mo
Save

Key Details

Property Type Commercial

Listing Status Active

Purchase Type For Sale

MLS Listing ID CV26011064

HOA Y/N No

Property Description

Business sell price including 60-80k inventory in the store

This smoke shop is a fully operational, highly profitable business with consistent monthly revenue of $50,000, making it an ideal investment for entrepreneurs or anyone looking to enter the retail tobacco and vaping market. The shop has been meticulously maintained and is fully stocked with a wide range of products catering to a loyal customer base.
Location Advantages
Situated in a high-traffic corner location, this shop benefits from maximum visibility, repeat foot traffic, and easy accessibility. The "location, location, location" factor ensures long-term growth potential and positions the shop as a local staple in the community. The surrounding area supports strong complementary businesses, enhancing potential customer flow and brand exposure.
Financial & Operational HighlightS
Low Rent: Significantly below market rates, ensuring high profitability and quick return on investment.
Strong Cash Flow: Generating $50,000 per month, reflecting a steady and robust business operation.
Turnkey Operations: Fully equipped and ready for immediate takeover with all inventory, fixtures, and point-of-sale systems included. (
(Business selling price including 60-80k inventory in the store )
Aesthetics & Appeal
The shop is modern, visually appealing, and well-designed, making it one of the most attractive retail locations in the area. Its professional layout, clean presentation, and prominent corner placement draw attention and encourage customer engagement.
This is a rare opportunity to acquire a thriving smoke shop in a prime location with excellent financial performance, low overhead, and strong growth potential. Serious buyers looking for a solid retail investment should act quickly to inquire.
Contact us

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Inclusions inventory

Fireplace No

Others

Tax ID 145233016

Acceptable Financing Cash, Conventional, Private Financing Available

Listing Terms Cash, Conventional, Private Financing Available

CRMLS – RECore
Listed by Rupinder Bedi DYNASTY REAL ESTATE 909-728-2512

Nearby Locations

SCHOOLSPROPERTIES
Elementary Schools 20
  • 9

    Lake Hills Elementary School

    Public | KG - 5

  • 5

    Rosemary Kennedy Elementary School

    Public | KG - 5

  • 5

    Orrenmaa Elementary School

    Public | KG - 5

  • 5

    Myra Linn Elementary School

    Public | KG - 5

  • 5

    Liberty Elementary School

    Public | KG - 6

  • 5

    Jackson Elementary School

    Public | KG - 6

  • 5

    Harrison Elementary School

    Public | KG - 6

  • 5

    Hawthorne Elementary School

    Public | KG - 6

  • 5

    Jefferson Elementary School

    Public | KG - 6

  • 5

    Mountain View Elementary School

    Public | KG - 6

  • 4

    Stroke Elementary School

    Public | KG - 5

  • 4

    Twinhill Elementary School

    Public | KG - 5

  • 4

    McAuliffe Elementary School

    Public | KG - 5

  • 4

    Terrace Elementary School

    Public | KG - 5

  • 4

    Foothill Elementary School

    Public | KG - 5

  • 4

    Adams Elementary School

    Public | KG - 6

  • 4

    Monroe Elementary School

    Public | KG - 6

  • 3

    Collett Elementary School

    Public | KG - 5

  • 3

    La Granada Elementary School

    Public | KG - 5

  • 3

    Arlanza Elementary School

    Public | KG - 5

Middle Schools 5
  • 5

    Loma Vista Middle School

    Public | 6 - 8

  • 5

    Arizona Middle School

    Public | 6 - 8

  • 4

    Chemawa Middle School

    Public | 7 - 8

  • 1

    Wells Middle School

    Public | 6 - 8

  • 0

    Riverside Christian Schools

    Private | 7 - 8

High Schools 8
  • 6

    Hillcrest High School

    Public | 9 - 12

  • 5

    Norte Vista High School

    Public | 9 - 12

  • 5

    Arlington High School

    Public | 9 - 12

  • 5

    Ramona High School

    Public | 9 - 12

  • 4

    La Sierra High School

    Public | 9 - 12

  • 1

    Alvord Alternative Education Center

    Public | 10 - 12

  • 0

    Alvord Continuation High School

    Public | 9 - 12

  • 0

    Sherman Indian High School

    Public | 9 - 12

School and business data provided by Attom Data.
Greenspan Realty

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

 

Scott Greenspan

Broker Owner

+1(310) 363-0606

info@greenspanrealty.net

Rancho Palos Verdes, CA, 90275, USA

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10051 MAGNOLIA AVE