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1889 University Avenue
Riverside CA 92507 US

$90,000

Active Listing ID PW26007072
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$90,000

Active Listing ID PW26007072
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1889 University Avenue Turnkey food and Boba beverage business opportunity located in Riverside, CA. The property is currently operating as R&B Tea and features a full commercial kitchen, making it suitable for a wide range of food or beverage concepts, including restaurant conversion, ghost kitchen, or franchise operation (buyer to verify permitted use with city and landlord). The interior has been remodeled twice, with the most recent renovation completed in June 2025, including all new furniture and updated finishes, providing a clean, modern, and move-in-ready space. The business includes a fully built-out kitchen with hood system, grease trap, gas line, and existing equipment and fixtures. The sale is an asset sale and includes equipment, furniture, fixtures, and improvements. Buyer may continue operating under the existing concept or rebrand, subject to lease terms. Lease assignment and landlord approval required. Ideal for an owner-operator or food service operator seeking a turnkey location and significant savings on build-out and permitting costs.

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Property Features

  • Facts
  • Property Type: Commercial Sale
  • Property Sub-type: Other

Property

  • propertytype: Commercial Sale
  • propertysubtype: Other
  • listprice: 90000
  • unparsedaddress: 1889 University Avenue
  • postalcity: Riverside
  • stateorprovince: CA
  • country: US
  • postalcode: 92507
  • bathroomsfull: 0
  • bathroomshalf: 0
  • bathroomsonequarter: 0
  • bathroomsthreequarter: 0
  • lotsizeunits: Square Feet
  • livingarea: 1328
  • livingareaunits: Square Feet
  • listagentfullname: Yvonne Tran
  • listagentemail: cheersteamnguyen@gmail.com
  • listagentkey: 3yd-MRMLSCA-PWTRANYVO
  • listagentmlsid: PWTRANYVO
  • listagentpreferredphone: 7143604058
  • listagentofficephone: 7143633888
  • listofficekey: 3yd-MRMLSCA-PB16527
  • listagentstatelicense: 02019315
  • listofficemlsid: PB16527
  • disclaimer: Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
  • sourcesystemid: MRMLSCA
  • listingcontractdate: 2026-01-12
  • listagenturl: https://www.lifetimerealtygroup.com
  • countyorparish: Riverside
  • parcelnumber: 211182026
  • fireplaceyn: False
  • transactiontype: ForSale
  • storiestotal: 0
  • parkingtotal: 0
  • waterfrontyn: False
  • interiorfeatures: Phone System, Tv System
  • architecturalstyle: Other
  • utilities: Phone Available
  • dock: False
  • poolprivateyn: False
  • spayn: False
  • internetaddressdisplayyn: True
  • internetautomatedvaluationdisplayyn: True
  • internetconsumercommentyn: True
  • customfields: {"AdditionalInformation":{}, "AlternatePrices":[], "BrokerName":"Lifetime Realty, Inc.", "BuilderEmail":null, "BuilderFax":null, "BuilderPhone":null, "City":null, "Country":null, "Expenses":[], "GeocodeOptions":null, "LeadRoutingEmail":"cheersteamnguyen@gmail.com", "ListBrokerageCity":"Orange", "ListBrokerageCountry":"US", "ListBrokerageEmail":"Admin@lifetimerealtygroup.com", "ListBrokerageLogoUrl":null, "ListBrokerageName":"Lifetime Realty, Inc.", "ListBrokeragePhone":"(714) 363-3888", "ListBrokeragePostalCode":"92868", "ListBrokerageStateOrProvince":"CA", "ListBrokerageUnitNumber":"Suite 200", "ListBrokerageUnparsedAddress":"140 S. Flower Street", "ListBrokerageWebsiteUrl":"https://www.lifetimerealtygroup.com", "ListOfficeAddress1":"140 S. Flower St Suite 200", "ListOfficeAddress2":null, "ListOfficeBrokerMlsId":"PWHARCOL", "ListOfficeCity":"Orange", "ListOfficeCountry":"US", "ListOfficeEmail":"Admin@lifetimerealtygroup.com", "ListOfficePostalCode":"92868", "ListOfficeStateOrProvince":"CA", "ListPriceCurrencyType":"USD", "ListingTitle":"Business Opportunity - Riverside, CA", "ListingURL":"https://listings.listhub.net/pages/MRMLSCA/PW26007072/?channel=rexren", "MLSModificationTimestamp":"2026-01-12T08:29:16Z", "Neighborhoods":[], "PostalCode":null, "RawPropertySubType":null, "RawPropertyType":"Business Opportunity", "RoomCount":null, "StateOrProvince":null, "Taxes":[], "UnitNumber":null, "UnparsedAddress":null}
Listing Changed: 1/12/2026 7:38:18 PM GMT
Source Updated Date: 1/15/2026 6:46:38 PM GMT

Courtesy of: Yvonne Tran, Lifetime Realty Inc, cheersteamnguyen@gmail.com

Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.