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2650-e-alessandro-blvd,riverside,ca,92508

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2650 E Alessandro Blvd

Riverside, CA, 92508

For Sale $1,500,000

$1,500,000

☆☆☆☆☆★★★★★
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(0)

Units
Unknown Sq Ft
Unknown Sq Ft
Unknown Cap Rate

Description

LOCATION, LOCATION, LOCATION! Turnkey full-service, well established, stable auto repair business opportunity with long-term clientele. This well-maintained, clean, organized business is located in a freestanding building in the heavily populated City of Riverside. The leased building offers 4-double bays with 4 vehicle lifts, 1 flat lift, customer waiting area, reception, private office, 2 bathrooms, storage room, ample customer parking, and secure overnight vehicle parking. The business model offers tire sales, emission/smog testing, general auto repair, DMV services, fleet service, and an auto wholesale license. There are currently 5 full-time employees. AAA Shop, NAPA Auto Care Center, ASE certified, and long- term triple net lease is in place. Located in a high traffic intersection just off the 215 freeway with excellent visibility and access to attract new customers. After 35+ years of growing the business, the owner is hanging up his work shoes and retiring… he says it’s time to travel! NDA (Non-Disclosure Agreement) is required before financial information is disclosed. SBA loan with 10% down is available for qualified buyers.

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Amenities

Garage

Pool

Garden

Security System

Internet

Telephone

Heating

Fireplace

Balcony & Patio

TV / Cable

Laundry

Hardwood Floors

Spa

Air Conditioning

Solar Power

Floor Plan

Great Views

Natural Light

Quiet

Water View

Elevator

Guest Unit(s)

Furnished

220 Volt

Property Details

List Price	$1,500,000
Property Type	Business
Usable Sqft	Unknown
Number of Stories	0 stories
Parking Spots	0 spots
Year Built	0
Last Sold	Unknown
Sold Price	Unknown

APN #	263100014
MLS #	PW23024493
Property ID	319257048
Lot Sqft	Unknown
Zoning	Unknown
Days on Market	779
Original List Price	$2,500,000
Date Updated	September 30, 2024
Date Created	February 02, 2023

Financials

Unit #	Beds	Baths	Current Rent	Proforma Rent
Unit #1			$9,800	$0

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Your payment
$10,655
per month

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Principle & Interest

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Estimated payment	$10,655 /mo
Loan amount	$1,500,000
Down payment	$0
Interest rate	7.5%
Loan term	30 years
Taxes & insurance included?	YES
Property tax	1.2%/YR
Homeowner's insurance	$67/mo
HOA dues	$0/mo

Payment Breakdown

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Your payment
$10,655
per month

Amortization

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Principal vs. interest

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Amortization Schedule

Over 360 months you will spend $2,275,973 in interest.

MONTH	PRINCIPAL & INTEREST	PRINCIPAL	INTEREST	PRINCIPAL REMAINING
1	$10,488	$1,113	$9,375	$1,498,887
2	$10,488	$1,120	$9,368	$1,497,767
3	$10,488	$1,127	$9,361	$1,496,640
4	$10,488	$1,134	$9,354	$1,495,506
5	$10,488	$1,141	$9,347	$1,494,365
6	$10,488	$1,148	$9,340	$1,493,217
7	$10,488	$1,155	$9,333	$1,492,061
8	$10,488	$1,163	$9,325	$1,490,899
9	$10,488	$1,170	$9,318	$1,489,729
10	$10,488	$1,177	$9,311	$1,488,552
11	$10,488	$1,185	$9,303	$1,487,367
12	$10,488	$1,192	$9,296	$1,486,175
13	$10,488	$1,199	$9,289	$1,484,976
14	$10,488	$1,207	$9,281	$1,483,769
15	$10,488	$1,214	$9,274	$1,482,554
16	$10,488	$1,222	$9,266	$1,481,332
17	$10,488	$1,230	$9,258	$1,480,103
18	$10,488	$1,237	$9,251	$1,478,865
19	$10,488	$1,245	$9,243	$1,477,620
20	$10,488	$1,253	$9,235	$1,476,367
21	$10,488	$1,261	$9,227	$1,475,107
22	$10,488	$1,269	$9,219	$1,473,838
23	$10,488	$1,277	$9,211	$1,472,562
24	$10,488	$1,284	$9,204	$1,471,277
25	$10,488	$1,293	$9,195	$1,469,985
26	$10,488	$1,301	$9,187	$1,468,684
27	$10,488	$1,309	$9,179	$1,467,375
28	$10,488	$1,317	$9,171	$1,466,058
29	$10,488	$1,325	$9,163	$1,464,733
30	$10,488	$1,333	$9,155	$1,463,400
31	$10,488	$1,342	$9,146	$1,462,058
32	$10,488	$1,350	$9,138	$1,460,708
33	$10,488	$1,359	$9,129	$1,459,349
34	$10,488	$1,367	$9,121	$1,457,982
35	$10,488	$1,376	$9,112	$1,456,607
36	$10,488	$1,384	$9,104	$1,455,222
37	$10,488	$1,393	$9,095	$1,453,830
38	$10,488	$1,402	$9,086	$1,452,428
39	$10,488	$1,410	$9,078	$1,451,018
40	$10,488	$1,419	$9,069	$1,449,599
41	$10,488	$1,428	$9,060	$1,448,171
42	$10,488	$1,437	$9,051	$1,446,734
43	$10,488	$1,446	$9,042	$1,445,288
44	$10,488	$1,455	$9,033	$1,443,833
45	$10,488	$1,464	$9,024	$1,442,369
46	$10,488	$1,473	$9,015	$1,440,896
47	$10,488	$1,482	$9,006	$1,439,413
48	$10,488	$1,492	$8,996	$1,437,921
49	$10,488	$1,501	$8,987	$1,436,420
50	$10,488	$1,510	$8,978	$1,434,910
51	$10,488	$1,520	$8,968	$1,433,390
52	$10,488	$1,529	$8,959	$1,431,861
53	$10,488	$1,539	$8,949	$1,430,322
54	$10,488	$1,548	$8,940	$1,428,774
55	$10,488	$1,558	$8,930	$1,427,215
56	$10,488	$1,568	$8,920	$1,425,648
57	$10,488	$1,578	$8,910	$1,424,070
58	$10,488	$1,588	$8,900	$1,422,482
59	$10,488	$1,597	$8,891	$1,420,885
60	$10,488	$1,607	$8,881	$1,419,277
61	$10,488	$1,618	$8,870	$1,417,660
62	$10,488	$1,628	$8,860	$1,416,032
63	$10,488	$1,638	$8,850	$1,414,394
64	$10,488	$1,648	$8,840	$1,412,746
65	$10,488	$1,658	$8,830	$1,411,088
66	$10,488	$1,669	$8,819	$1,409,419
67	$10,488	$1,679	$8,809	$1,407,740
68	$10,488	$1,690	$8,798	$1,406,051
69	$10,488	$1,700	$8,788	$1,404,350
70	$10,488	$1,711	$8,777	$1,402,640
71	$10,488	$1,722	$8,767	$1,400,918
72	$10,488	$1,732	$8,756	$1,399,186
73	$10,488	$1,743	$8,745	$1,397,443
74	$10,488	$1,754	$8,734	$1,395,689
75	$10,488	$1,765	$8,723	$1,393,924
76	$10,488	$1,776	$8,712	$1,392,148
77	$10,488	$1,787	$8,701	$1,390,361
78	$10,488	$1,798	$8,690	$1,388,562
79	$10,488	$1,809	$8,679	$1,386,753
80	$10,488	$1,821	$8,667	$1,384,932
81	$10,488	$1,832	$8,656	$1,383,100
82	$10,488	$1,844	$8,644	$1,381,256
83	$10,488	$1,855	$8,633	$1,379,401
84	$10,488	$1,867	$8,621	$1,377,535
85	$10,488	$1,878	$8,610	$1,375,656
86	$10,488	$1,890	$8,598	$1,373,766
87	$10,488	$1,902	$8,586	$1,371,864
88	$10,488	$1,914	$8,574	$1,369,950
89	$10,488	$1,926	$8,562	$1,368,024
90	$10,488	$1,938	$8,550	$1,366,086
91	$10,488	$1,950	$8,538	$1,364,137
92	$10,488	$1,962	$8,526	$1,362,174
93	$10,488	$1,974	$8,514	$1,360,200
94	$10,488	$1,987	$8,501	$1,358,213
95	$10,488	$1,999	$8,489	$1,356,214
96	$10,488	$2,012	$8,476	$1,354,202
97	$10,488	$2,024	$8,464	$1,352,178
98	$10,488	$2,037	$8,451	$1,350,141
99	$10,488	$2,050	$8,438	$1,348,092
100	$10,488	$2,062	$8,426	$1,346,029
101	$10,488	$2,075	$8,413	$1,343,954
102	$10,488	$2,088	$8,400	$1,341,866
103	$10,488	$2,101	$8,387	$1,339,764
104	$10,488	$2,114	$8,374	$1,337,650
105	$10,488	$2,128	$8,360	$1,335,522
106	$10,488	$2,141	$8,347	$1,333,381
107	$10,488	$2,154	$8,334	$1,331,227
108	$10,488	$2,168	$8,320	$1,329,059
109	$10,488	$2,181	$8,307	$1,326,878
110	$10,488	$2,195	$8,293	$1,324,682
111	$10,488	$2,209	$8,279	$1,322,474
112	$10,488	$2,223	$8,265	$1,320,251
113	$10,488	$2,236	$8,252	$1,318,015
114	$10,488	$2,250	$8,238	$1,315,764
115	$10,488	$2,264	$8,224	$1,313,500
116	$10,488	$2,279	$8,209	$1,311,221
117	$10,488	$2,293	$8,195	$1,308,928
118	$10,488	$2,307	$8,181	$1,306,621
119	$10,488	$2,322	$8,166	$1,304,300
120	$10,488	$2,336	$8,152	$1,301,963
121	$10,488	$2,351	$8,137	$1,299,613
122	$10,488	$2,365	$8,123	$1,297,247
123	$10,488	$2,380	$8,108	$1,294,867
124	$10,488	$2,395	$8,093	$1,292,472
125	$10,488	$2,410	$8,078	$1,290,062
126	$10,488	$2,425	$8,063	$1,287,637
127	$10,488	$2,440	$8,048	$1,285,197
128	$10,488	$2,456	$8,032	$1,282,741
129	$10,488	$2,471	$8,017	$1,280,270
130	$10,488	$2,486	$8,002	$1,277,784
131	$10,488	$2,502	$7,986	$1,275,282
132	$10,488	$2,517	$7,971	$1,272,765
133	$10,488	$2,533	$7,955	$1,270,231
134	$10,488	$2,549	$7,939	$1,267,682
135	$10,488	$2,565	$7,923	$1,265,117
136	$10,488	$2,581	$7,907	$1,262,536
137	$10,488	$2,597	$7,891	$1,259,939
138	$10,488	$2,613	$7,875	$1,257,326
139	$10,488	$2,630	$7,858	$1,254,696
140	$10,488	$2,646	$7,842	$1,252,050
141	$10,488	$2,663	$7,825	$1,249,387
142	$10,488	$2,679	$7,809	$1,246,708
143	$10,488	$2,696	$7,792	$1,244,012
144	$10,488	$2,713	$7,775	$1,241,299
145	$10,488	$2,730	$7,758	$1,238,569
146	$10,488	$2,747	$7,741	$1,235,822
147	$10,488	$2,764	$7,724	$1,233,058
148	$10,488	$2,781	$7,707	$1,230,277
149	$10,488	$2,799	$7,689	$1,227,478
150	$10,488	$2,816	$7,672	$1,224,662
151	$10,488	$2,834	$7,654	$1,221,828
152	$10,488	$2,852	$7,636	$1,218,976
153	$10,488	$2,869	$7,619	$1,216,107
154	$10,488	$2,887	$7,601	$1,213,219
155	$10,488	$2,905	$7,583	$1,210,314
156	$10,488	$2,924	$7,564	$1,207,390
157	$10,488	$2,942	$7,546	$1,204,449
158	$10,488	$2,960	$7,528	$1,201,488
159	$10,488	$2,979	$7,509	$1,198,510
160	$10,488	$2,997	$7,491	$1,195,512
161	$10,488	$3,016	$7,472	$1,192,496
162	$10,488	$3,035	$7,453	$1,189,461
163	$10,488	$3,054	$7,434	$1,186,408
164	$10,488	$3,073	$7,415	$1,183,335
165	$10,488	$3,092	$7,396	$1,180,242
166	$10,488	$3,111	$7,377	$1,177,131
167	$10,488	$3,131	$7,357	$1,174,000
168	$10,488	$3,151	$7,338	$1,170,850
169	$10,488	$3,170	$7,318	$1,167,679
170	$10,488	$3,190	$7,298	$1,164,489
171	$10,488	$3,210	$7,278	$1,161,279
172	$10,488	$3,230	$7,258	$1,158,049
173	$10,488	$3,250	$7,238	$1,154,799
174	$10,488	$3,271	$7,218	$1,151,529
175	$10,488	$3,291	$7,197	$1,148,238
176	$10,488	$3,312	$7,176	$1,144,926
177	$10,488	$3,332	$7,156	$1,141,594
178	$10,488	$3,353	$7,135	$1,138,241
179	$10,488	$3,374	$7,114	$1,134,867
180	$10,488	$3,395	$7,093	$1,131,472
181	$10,488	$3,416	$7,072	$1,128,056
182	$10,488	$3,438	$7,050	$1,124,618
183	$10,488	$3,459	$7,029	$1,121,159
184	$10,488	$3,481	$7,007	$1,117,678
185	$10,488	$3,503	$6,985	$1,114,176
186	$10,488	$3,524	$6,964	$1,110,651
187	$10,488	$3,546	$6,942	$1,107,105
188	$10,488	$3,569	$6,919	$1,103,536
189	$10,488	$3,591	$6,897	$1,099,945
190	$10,488	$3,613	$6,875	$1,096,332
191	$10,488	$3,636	$6,852	$1,092,696
192	$10,488	$3,659	$6,829	$1,089,037
193	$10,488	$3,682	$6,806	$1,085,356
194	$10,488	$3,705	$6,783	$1,081,651
195	$10,488	$3,728	$6,760	$1,077,924
196	$10,488	$3,751	$6,737	$1,074,173
197	$10,488	$3,774	$6,714	$1,070,398
198	$10,488	$3,798	$6,690	$1,066,600
199	$10,488	$3,822	$6,666	$1,062,778
200	$10,488	$3,846	$6,642	$1,058,933
201	$10,488	$3,870	$6,618	$1,055,063
202	$10,488	$3,894	$6,594	$1,051,169
203	$10,488	$3,918	$6,570	$1,047,251
204	$10,488	$3,943	$6,545	$1,043,308
205	$10,488	$3,967	$6,521	$1,039,341
206	$10,488	$3,992	$6,496	$1,035,349
207	$10,488	$4,017	$6,471	$1,031,332
208	$10,488	$4,042	$6,446	$1,027,290
209	$10,488	$4,067	$6,421	$1,023,222
210	$10,488	$4,093	$6,395	$1,019,129
211	$10,488	$4,118	$6,370	$1,015,011
212	$10,488	$4,144	$6,344	$1,010,867
213	$10,488	$4,170	$6,318	$1,006,697
214	$10,488	$4,196	$6,292	$1,002,501
215	$10,488	$4,222	$6,266	$998,278
216	$10,488	$4,249	$6,239	$994,029
217	$10,488	$4,275	$6,213	$989,754
218	$10,488	$4,302	$6,186	$985,452
219	$10,488	$4,329	$6,159	$981,123
220	$10,488	$4,356	$6,132	$976,767
221	$10,488	$4,383	$6,105	$972,384
222	$10,488	$4,411	$6,077	$967,973
223	$10,488	$4,438	$6,050	$963,535
224	$10,488	$4,466	$6,022	$959,069
225	$10,488	$4,494	$5,994	$954,575
226	$10,488	$4,522	$5,966	$950,054
227	$10,488	$4,550	$5,938	$945,503
228	$10,488	$4,579	$5,909	$940,925
229	$10,488	$4,607	$5,881	$936,318
230	$10,488	$4,636	$5,852	$931,682
231	$10,488	$4,665	$5,823	$927,017
232	$10,488	$4,694	$5,794	$922,322
233	$10,488	$4,723	$5,765	$917,599
234	$10,488	$4,753	$5,735	$912,846
235	$10,488	$4,783	$5,705	$908,063
236	$10,488	$4,813	$5,675	$903,251
237	$10,488	$4,843	$5,645	$898,408
238	$10,488	$4,873	$5,615	$893,535
239	$10,488	$4,903	$5,585	$888,632
240	$10,488	$4,934	$5,554	$883,698
241	$10,488	$4,965	$5,523	$878,733
242	$10,488	$4,996	$5,492	$873,737
243	$10,488	$5,027	$5,461	$868,710
244	$10,488	$5,059	$5,429	$863,651
245	$10,488	$5,090	$5,398	$858,561
246	$10,488	$5,122	$5,366	$853,439
247	$10,488	$5,154	$5,334	$848,285
248	$10,488	$5,186	$5,302	$843,099
249	$10,488	$5,219	$5,269	$837,880
250	$10,488	$5,251	$5,237	$832,629
251	$10,488	$5,284	$5,204	$827,345
252	$10,488	$5,317	$5,171	$822,028
253	$10,488	$5,350	$5,138	$816,677
254	$10,488	$5,384	$5,104	$811,293
255	$10,488	$5,417	$5,071	$805,876
256	$10,488	$5,451	$5,037	$800,425
257	$10,488	$5,485	$5,003	$794,939
258	$10,488	$5,520	$4,968	$789,420
259	$10,488	$5,554	$4,934	$783,866
260	$10,488	$5,589	$4,899	$778,277
261	$10,488	$5,624	$4,864	$772,653
262	$10,488	$5,659	$4,829	$766,994
263	$10,488	$5,694	$4,794	$761,300
264	$10,488	$5,730	$4,758	$755,570
265	$10,488	$5,766	$4,722	$749,804
266	$10,488	$5,802	$4,686	$744,003
267	$10,488	$5,838	$4,650	$738,165
268	$10,488	$5,874	$4,614	$732,290
269	$10,488	$5,911	$4,577	$726,379
270	$10,488	$5,948	$4,540	$720,431
271	$10,488	$5,985	$4,503	$714,445
272	$10,488	$6,023	$4,465	$708,423
273	$10,488	$6,060	$4,428	$702,362
274	$10,488	$6,098	$4,390	$696,264
275	$10,488	$6,136	$4,352	$690,128
276	$10,488	$6,175	$4,313	$683,953
277	$10,488	$6,213	$4,275	$677,740
278	$10,488	$6,252	$4,236	$671,488
279	$10,488	$6,291	$4,197	$665,196
280	$10,488	$6,331	$4,157	$658,866
281	$10,488	$6,370	$4,118	$652,496
282	$10,488	$6,410	$4,078	$646,086
283	$10,488	$6,450	$4,038	$639,636
284	$10,488	$6,490	$3,998	$633,146
285	$10,488	$6,531	$3,957	$626,615
286	$10,488	$6,572	$3,916	$620,043
287	$10,488	$6,613	$3,875	$613,431
288	$10,488	$6,654	$3,834	$606,776
289	$10,488	$6,696	$3,792	$600,081
290	$10,488	$6,737	$3,751	$593,343
291	$10,488	$6,780	$3,708	$586,564
292	$10,488	$6,822	$3,666	$579,742
293	$10,488	$6,865	$3,623	$572,877
294	$10,488	$6,908	$3,580	$565,970
295	$10,488	$6,951	$3,537	$559,019
296	$10,488	$6,994	$3,494	$552,025
297	$10,488	$7,038	$3,450	$544,987
298	$10,488	$7,082	$3,406	$537,905
299	$10,488	$7,126	$3,362	$530,779
300	$10,488	$7,171	$3,317	$523,608
301	$10,488	$7,215	$3,273	$516,393
302	$10,488	$7,261	$3,227	$509,132
303	$10,488	$7,306	$3,182	$501,826
304	$10,488	$7,352	$3,136	$494,475
305	$10,488	$7,398	$3,090	$487,077
306	$10,488	$7,444	$3,044	$479,634
307	$10,488	$7,490	$2,998	$472,143
308	$10,488	$7,537	$2,951	$464,606
309	$10,488	$7,584	$2,904	$457,022
310	$10,488	$7,632	$2,856	$449,390
311	$10,488	$7,679	$2,809	$441,711
312	$10,488	$7,727	$2,761	$433,984
313	$10,488	$7,776	$2,712	$426,208
314	$10,488	$7,824	$2,664	$418,384
315	$10,488	$7,873	$2,615	$410,511
316	$10,488	$7,922	$2,566	$402,589
317	$10,488	$7,972	$2,516	$394,617
318	$10,488	$8,022	$2,466	$386,595
319	$10,488	$8,072	$2,416	$378,523
320	$10,488	$8,122	$2,366	$370,401
321	$10,488	$8,173	$2,315	$362,228
322	$10,488	$8,224	$2,264	$354,004
323	$10,488	$8,275	$2,213	$345,729
324	$10,488	$8,327	$2,161	$337,401
325	$10,488	$8,379	$2,109	$329,022
326	$10,488	$8,432	$2,056	$320,591
327	$10,488	$8,484	$2,004	$312,106
328	$10,488	$8,537	$1,951	$303,569
329	$10,488	$8,591	$1,897	$294,978
330	$10,488	$8,644	$1,844	$286,334
331	$10,488	$8,698	$1,790	$277,635
332	$10,488	$8,753	$1,735	$268,883
333	$10,488	$8,807	$1,681	$260,075
334	$10,488	$8,863	$1,625	$251,213
335	$10,488	$8,918	$1,570	$242,295
336	$10,488	$8,974	$1,514	$233,321
337	$10,488	$9,030	$1,458	$224,291
338	$10,488	$9,086	$1,402	$215,205
339	$10,488	$9,143	$1,345	$206,062
340	$10,488	$9,200	$1,288	$196,862
341	$10,488	$9,258	$1,230	$187,604
342	$10,488	$9,315	$1,173	$178,289
343	$10,488	$9,374	$1,114	$168,915
344	$10,488	$9,432	$1,056	$159,483
345	$10,488	$9,491	$997	$149,992
346	$10,488	$9,551	$937	$140,441
347	$10,488	$9,610	$878	$130,831
348	$10,488	$9,670	$818	$121,161
349	$10,488	$9,731	$757	$111,430
350	$10,488	$9,792	$696	$101,638
351	$10,488	$9,853	$635	$91,786
352	$10,488	$9,914	$574	$81,871
353	$10,488	$9,976	$512	$71,895
354	$10,488	$10,039	$449	$61,856
355	$10,488	$10,101	$387	$51,755
356	$10,488	$10,165	$323	$41,590
357	$10,488	$10,228	$260	$31,362
358	$10,488	$10,292	$196	$21,070
359	$10,488	$10,356	$132	$10,714
360	$10,488	$10,421	$67	$0

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