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$399,900
Est. payment /mo
8,712 Sqft Lot
UPDATED:
Key Details
Property Type Commercial
Sub Type Industrial
Listing Status Active
Purchase Type For Sale
MLS Listing ID IG26194705
HOA Y/N No
Year Built 1941
Lot Size 8,712 Sqft
Property Sub-Type Industrial
Property Description
AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned M-2, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately 700 sq. ft., 3-bedroom, 1-bath residence on sight. The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an opportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities. With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area. You'll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!
Location
State CA
County Riverside
Area 252 - Riverside
Zoning M-2
Interior
Heating Wall Furnace
Cooling None
Fireplace No
Laundry Laundry Room
Exterior
Utilities Available Cable Available, Electricity Connected, Natural Gas Connected, Phone Available, Sewer Connected, Water Connected
Roof Type Composition
Building
Lot Description Level, Rectangular Lot
Story 1
Water Public
Others
Tax ID 211201023
Acceptable Financing Cash to New Loan
Listing Terms Cash to New Loan
Special Listing Condition Standard
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Listed by Robert Livingston Realty World Main Street 951-235-5113, DRE #01445313
NEARBY SCHOOLS & PROPERTIES
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Marissa Perez
Broker License ID: 01814964