MLS® ID: IV18248058

23020 Atlantic Circle

Moreno Valley, California, 92553

$700,000 Pending
  • - SQFT
SPECTACULAR FREE-STANDING SINGLE-STORY, LEVEL-ENTRY OFFICE BUILDING IN A BUSY OFFICE/MEDICAL COMPLEX FRONTING ON FREDERICK STREET, WITH EASY CLIENT INGRESS AND EGRESS. BUILT IN 1989 BY THE PRESENT OWNER, IT HAS BEEN METICULOUSLY MAINTAINED AND IS IN VIRTUALLY MOVE-IN CONDITION. CURRENTLY HAS NINE SEPARATE OFFICES, EASILY CONVERTED TO TEN OR MORE, WITH A LARGE ENTRY AND WAITING AREA. TWO HVAC SYSTEMS FOR TWO SEPARATE COMFORT ZONES. 23 PARKING SPACES INCLUDING 10 COVERED CARPORT SPACES. MATURE SHADE TREES SURROUND THE BUILDING. AT 20% DOWN THIS PROPERTY WILL PRODUCE ABOUT 5% CASH-ON-CASH RETURN AT AN APPROX. 6.7 CAP RATE. THIS IS AN ATTRACTIVE INVESTMENT PROPERTY OR AN EXCELLENT OWNER-USER OFFICE BUILDING.
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Listing courtesy of RE/MAX RESULTS

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    92553
  • Office name
    RE/MAX RESULTS
  • SQFT
    0
  • Bedrooms
    0
  • Property type
    Office
  • Year built
    1989
  • Lot size
    16988.00
  • Heating
    Central,Forced Air,Natural Gas
  • Tax year
    201819
  • Agent name
    TED BOECKER
  • Tax amount
    $ 8725.0
  • Purchase Type
    Active
  • Price Range
    $600k-$700k
  • Square Feet Range
    < 1000 sq ft.
  • Year Built Range
    1989 (and earlier)
  • Office ID
    IREV01
  • Agent ID
    IBOECTHE

Location

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