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Listed by Jill Huntsinger • CAPITIS REAL ESTATE
$1,500,000
Est. payment /mo
5,109 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Comm Ind For Sale
Listing Status Active
Purchase Type For Sale
Square Footage 5,109 sqft
Price per Sqft $293
MLS Listing ID CRIG25110125
HOA Y/N No
Year Built 1977
Lot Size 0.600 Acres
Property Sub-Type Comm Ind For Sale
Source Datashare California Regional
Property Description
What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot just outside the University of California Riverside. Value is in the land and THE PLANS. High visibility. Nice mix of High density, Commercial/Light Industrial and Single Family structures. Close to Riverside Transit Stop. Full plans have been drawn for a 15 unit, 3 story apartment complex and parking garage. Mixed units consist of 3-4 bedrooms and 3-4 bathrooms with two living areas. Most are 4 bedrooms with 3 baths perfect for a family or student housing. Just steps to shopping, College, Health food stores, and places of worship. Good for all R3 zoning uses. The existing building was an elementary school in the past. Remove it and build your Investment Opportunity!
Location
State CA
County Riverside
Interior
Heating None
Fireplace No
Building
Water Public
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