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2879 Main Street
Riverside, CA 92501
Asking Price
$3.00M
Asset Type
Flex Industrial
Class
Class B
What's Special
RARE MAIN STREET INDUSTRIAL PROPERTY WITH OWNER-USER, INVESTMENT, AND FUTURE REDEVELOPMENT POTENTIAL <ul><li>Seller Financing Available Subject to Terms</li><li>±13,000 SF Industrial Warehouse on ±0.39 Acres</li><li>Main Street Frontage Near the 60, 91 & 215 Freeways</li><li>Three Ground-Level Doors Plus One Dock-High Door</li><li>Shared Truck Access Easement for Loading & Maneuverability</li><li>Located Within Opportunity Zone & NSP-MU Zoning Area</li><li>Potential Owner-User, Investment & Future Redevelopment Opportunity</li></ul>
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NOI
$80,000
Cap Rate
2.67%
DSCR
0.45
Underwater
Cash-on-Cash
-10.90%
Monthly Payment
$14,842.363
Annual Cash Flow
$-98,108.358
