Prime Restaurant Building for Sale! This is an excellent opportunity to own a highly desirable property in a prime location in Riverside, CA, just minutes from UC Riverside. Currently leased to an operating restaurant, this property offers great potential for future growth in a rapidly developing area. Why Invest in This Property? Strategic Location - Situated in a high-density area with a strong student and residential population, ensuring continuous demand for dining and services. High-Growth Area - Located within a designated redevelopment zone, with infrastructure improvements aimed at increasing foot traffic and enhancing business visibility. Opportunity for Increased Value - As the area continues to grow and develop, the property has strong potential for increased value, providing an excellent long-term investment opportunity. This property offers investors the chance to take advantage of Riverside’s ongoing growth, making it an attractive option for those looking to invest in a prime, high-potential commercial property.
MLS# | IG25021293 |
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Listing Type | For Sale |
Style | Special Purpose |
Sub-Type | Resale |
Status | Active |
Year | 1963 |
Days On Site | 77 |
Listing Provided By | eXp Realty of Southern California 888-294-1415 | Ruben Hernandez |
SQ Feet | 4,978 |
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Story(s) | 1 |
Acreage | 0.60 |
State | CA |
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County | Riverside |
City | Riverside |
Zip Code | 92507 |
Area | 252 Riverside |
Listing VS Median (In 92507) | |
Price: $4,000,000 low | high Med: $559,500 SqFt: 4,978 low | high Med: 1,261 $ / SqFt: $804 low | high Med: $457 On site: 77 low | high Med: 27.000000 |