23020 Atlantic Circle Moreno Valley, CA $ 750,000
23020 Atlantic Circle
$ 750,000

23020 Atlantic Circle Moreno Valley, CA, 92553

$ 750,000
Bedrooms Baths0.0

Monthly Estimate*

$ 2,908

How much can I afford?
23020 Atlantic Circle, Moreno Valley, CA 92553 - Image 1
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Commercial Property for sale in Moreno Valley, CA

for $750,000. This building was built in 1989 on a lot size of 124x130.

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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Commercial Active

Price

$ 750,000

Property Type

Commercial

Taxes

$ 8,725

Style

Office

Lot Size

124x130

Year Built

1989

Town/City

Moreno Valley

County/Region

Riverside

MLS | Web ID

IV18248058

Features
Interior
Cooling System Central Air Other Zoned
Heating Source Natural Gas
Heating System Central Heat Forced Air Other
Sewer Connection
Water Source Public Water
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Exterior
Community Amenities Clubhouse(s) Community Garbage
Construction Brick Veneer Frame/Wood
Garage 4+ Car Carport
Lot Description Level/Flat
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Miscellaneous
Utilities Electric Gas Phone Underground Utilities Water
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Rental
Tenant Pays Cable
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* Excluded Features
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Listing Agent

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Broker


Affordability

$ 3,635 per month
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Monthly Principal & Interest
$2,908
Monthly Property Taxes
$727
Monthly Home Insurance
--

Default based on a 30-year fixed rate of 4.125% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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23020 Atlantic Circle, Moreno Valley, CA, 92553 is a Commercial Property for sale at $750,000 with a lot size of 124x130. 23020 Atlantic Circle has 0.0 baths and was built in 1989. The property's zip code is 92553 which is in Moreno Valley, CA