The median home value in Riverside, CA is $638,089.
This is
higher than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Riverside, CA is $638,089.
Approximately 53% of Riverside homes are owned,
compared to 41% rented, while
6% are vacant.
Riverside real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Riverside real estate agent to arrange a tour today! Learn more about Riverside.
Are you looking for a building in a mature commercial area that maximize your long term investment potential while utilize 13,250 sqft building to run your own business or even rent out in Riverside? Look no more. Your opportunity is here. Free standing, one story building, in corner lot of busiest popular Magnolia street offer 24,394sqft lot size. Excellent exposure for your business due to its good location, nearby regional retailers (Starbuck, Walmart Shopping Center, Lowe"s Plaza, Galleria at Tyler Mall, and fast food restaurants (sonic drive through, McDonald's, or In & Out), easily accessible to corner lot, conveniently to Pedley Metrolink, closer to 91 freeway. The building offer upgrade security parking gate, 1 truck loading roll up door, a warehouse, 1 office and front waiting space area, 2 restrooms, high visible signage. You can access building from both sides (front and rear), many parking spaces on the back parking lot. Per city of Riverside, the zoning has changed to Mixed Use Zones (Neighborhood village Urban) that offer many more extra options for your future development while occupying the building for your own business, rent out, or develop into new opportunity for the Riverside area like group housing (convalescent Homes, SRO's, Alcohol and Drug Treatment Facilities, 6 or fewer occupants etc), hotel, motel, or Hotel/Motel-long term stay with conditional permit per Planning department in Riverside City. Buyer and agents responsible for due all diligent. Listing broker and seller does not responsible for the accuracy of sqft of building, lot size. Sale "AS IS". Information deem to be reliable but not guaranteed.
Welcome to a rare opportunity in the heart of Riverside! This free-standing building, boasting an impressive 15,600 square feet, has been meticulously owned and operated by its dedicated owners for over two decades. Located in a prime city center location, this property offers a versatile canvas for your business dreams. Prime Location - Situated in the vibrant city of Riverside Arlington South area, this property enjoys a central location with easy access to the 91 freeway, ensuring maximum visibility and convenience for both customers and employees. Long-Standing Ownership - With a proud history of over 10 years under the same ownership, this building has been well-maintained and cared for, a testament to the commitment of its proprietors. Versatile Space - Spanning an expansive 15,600 square feet, this property provides a versatile layout that can be easily adapted to a variety of business needs. The potential is limitless. Divisible into Three Spaces - The building's strategic design allows for easy division into three separate spaces, making it an ideal investment for entrepreneurs seeking flexibility or multiple tenants. Opportunity Awaits - Whether you envision a retail haven, office spaces, warehouse, or a combination of all three, this property offers a blank canvas for your entrepreneurial aspirations. The ability to divide the space allows for a range of possibilities. Well-Maintained Interior and Exterior - The property has been consistently cared for, ensuring that both the interior and exterior spaces are in good condition. This reduces the need for extensive renovations, providing a seamless transition for the new owner. Ample Parking - The building accommodates up to 8 parking spaces with the option to expand, ensuring convenience for both customers and employees. This feature adds to the overall accessibility and attractiveness of the property. Proximity to Amenities: - Enjoy the convenience of nearby amenities, including shopping centers, dining establishments, and public transportation options, further enhancing the appeal of this location. Investment Potential - Whether you're an investor looking for a promising opportunity or an entrepreneur ready to make your mark, this property holds significant investment potential in Riverside's thriving business landscape. Don't miss out on the chance to secure this prime piece of real estate in Riverside.
Investment opportunity to own a stand-alone corner retail building with 3,000 sq.ft. over 9,148 sq.ft lot size in the desired City of Riverside. The property is located in a high-visibility neighborhood and nearby retail amenities at Shopping Mall and CA-91 Freeway are about 1/2 mile south of the property. The business is not a part of the sale. The property is sold as-is in its present condition. Please check with city for your type of business. PLEASE DO NOT DISTURB CURRENT TENANT.
The information being provided by California Regional Multiple Listing Service, Inc. (“CRMLS”) is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Any information relating to a property referenced on this web site comes from CRMLS. This web site may reference real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this website. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. The data contained herein is copyrighted by CRMLS and is protected by all applicable copyright laws. Any dissemination of this information is in violation of copyright laws and is strictly prohibited.
Based on information from CRISNet MLS as of 4/19/2024. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.
