Riverside Realty: Riverside Business Opportunity

Showing posts with label Riverside Business Opportunity. Show all posts

Monday, February 25, 2008

Riverside Business Opportunity $130,000

Business Type: Massage Parlor

Mnthly Rent: $2,704

Adj Net Inc: $8,000

Tuesday, February 12, 2008

Riverside Business Opportunity $98,000

Business Type: Dry Cleaners

Sqft: 1,500

Mnthly Rent: $2,917

Property Description: Dry Cleaner Agency. Good location & Good Condition. Big potential 4 alteration.

Wednesday, November 28, 2007

Riverside Business Opportunity $89,900

Sqft: 900

Property Description: WATER STORE WITH ICE-CREAM, SMOOTHIE, SLUSH & T-SHIRT. EASE & EXCELLENT BUSINESS FOR OPERATING. CALL LISTING AGENT FOR DETAIL. SHOW & SELL, THANKS!!!

Additional Property Information

Type of Lse:		Motivation:	Health	Want:
Mnthly Rent:	$1,750	Lse Deposit:		% Lease:	Lease/Sqft:
W/Prsnt Own:	7MO	AvgCustCount:		Tot Assets:	HowLng Est.:	6YR
TotalAnn Exp:		Adj Net Inc:	$42,000	TotPr Incl.:	Total Liabilit.:
					%R.O.I:

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Riverside City

Origins of the Riverside

By 1900, Riverside had become one of the premiere winter resort communities in the nation. Engulfed in twenty thousand acres of Washington Navel orange groves, Riverside served as a center for agricultural innovation, bringing the revolution of corporate capitalism to the southwestern U.S. via the modern citrus enterprise.

Located in the broad, inland valley of the Santa Ana River in Southern California, Riverside numbered among the wealthiest communities per capita in the nation. The University of California Citrus Experiment Station (core of the present University of California, Riverside) brought a tradition of ground-breaking scientific research to the city. Riverside’s renowned Mission Inn hotel, and its inspirational role in the development of the Arts & Craft Style, attracted some of America’s foremost entrepreneurs in search of new recreational, aesthetic and business opportunities. Riverside became a magnet for prosperous, educated practitioners of the Arts and Crafts Movement in the West. in the nation.

Out of this context came the Cornelius Earle Rumsey Indian Collection which later became the Riverside Municipal Museum now known as the Riverside Metropolitan Museum (RMM). The Museum opened in the basement of City Hall on December 12, 1924, when the widow of National Biscuit Company (NABISCO) magnate Cornelius Earle Rumsey donated his collection of Native American artifacts to the City of Riverside. An ordinance, amending the City Charter and establishing a Municipal Museum, was adopted by the City Council on August 27, 1925. The current mission statement found in the city ordinance states that, "All collections and exhibits of the Museum shall generally reflect but shall not necessarily be limited to the specific interpretations of the history, natural history and anthropology of the City and County of Riverside and the immediate environs of southern California." From 1924 on, the collections have grown, typically through donations by prominent citizens and organizations, contributing to RMM holdings in the disciplines of local history, natural history, and anthropology. From 1925-48, the RMM was located in the basement of the old City Hall building on Riverside’s Seventh Street (now Mission Inn Avenue).

In 1987, the main museum building and Heritage House were placed on the National Register of Historic Places. In 2005, the Riverside Municipal Museum changed its name to Riverside Metropolitan Museum.

Riverside, CA

Top 100 rank: N/A^C
Population: 319,600

Financial
	City stats	Best places avg.
Median family income (per year)	$55,270	$90,316
Family purchasing power (annual, cost-of-living adjusted)	$45,340	$82,867
Sales tax	7.80%	6.74%
State income tax rate (highest bracket)	9.30%^I	6.38%
State income tax rate (lowest bracket)	1.00%^I	2.74%
Auto insurance premiums (Average for the state)	$2,076	$2,121
Job growth % (2000-2006)	32.92%	13.41%
Housing
	City stats	Best places average
Median home price	$435,848	$359,352
Average property taxes (2006)	$2,406	$3,585


Education
	City stats	Best places average
Colleges, universities and professional schools (within 30 miles)	30	29
Junior colleges and technical institutes (within 30 miles)	32	18
Test scores reading (% above/below state average)	-18.2%	20.1%
Test scores math (% above/below average)	-2.0%	24.8%
% students attending public/private schools (located within town limits)	90.1/9.9	91.1/8.9
Quality of life
	City stats	Best places average
Air quality index* (% of days AQI ranked as good)	34.0%	77.3%
Personal crime incidents (per 1,000)	6	13
Property crime incidents (per 1,000)	41	206
Median commute time (in minutes)	21.2	23.1
% population with commute 45 mins. or longer	19.6%	15.6%
% population walk or bike to work	4.5%	2.7%

County data
**Elder-care services refer to skilled nursing and assisted living facilities. Data from Total Living Choices.
(C) Cities with populations greater than 50,000 were not eligible for this year's Best Places to Live list.

(I) Income tax notes:
17 states have statutory provision for automatic adjustment of tax brackets, personal exemption or standard deductions to the rate of inflation. Massachusetts, Michigan, Nebraska and Ohio indexes the personal exemption amounts only.
For joint returns, the taxes are twice the tax imposed on half the income.
Tax credits.
An additional 1% tax is imposed on taxable income over $1 million.

Single-family new house construction building permits:

2000: 13323 buildings, average cost: $185,000
2001: 16778 buildings, average cost: $179,800
2002: 20912 buildings, average cost: $174,000
2003: 25424 buildings, average cost: $177,300
2004: 29182 buildings, average cost: $186,500
2005: 30350 buildings, average cost: $197,700
2006: 20882 buildings, average cost: $210,200

Riverside Realty