CAP: 5% Commercial Retail and Residential 2+ Acres Consisting of 5 separate parcels. The two large parcels APN’s APN #280-260-020 Sqft 38,462 zoning: Commercial Retail APN #280-260-023 Sqft 52,085 Zoning: Residential This lot is centrally located at the corner of Van Buren Blvd and Winchester Way. Stable $6,400 monthly rental income from 2 beds/2 baths unit, the carwash business and the Cell Tower. (Cell Tower rent increases 3% annually). The commercial lease is on NNN.
A Great opportunity to own 4.060 acre lot to build 7 Single Family Residentials next to Mission Grove Shopping Center, 10 min to UCR and Downtown Riverside with Great School District. Don't miss out on this GEM of the neighborhood. Beautiful and unique in a dominant position with amazing views. This property boast a beautiful location convenient and with lots of privacy, large living room ideal for entertainment! property features 2 Bedrooms, 2 full baths. This Beauty has been completely renovated with high quality finishes, enter to gleaming laminate floors running through the living room! New Kitchen cabinets spacious kitchen with lots of cabinet space! Fresh paint, new flooring and cozy fireplace, perfect for a family event where guest will enjoy the beautiful views. BUYERS IS ADVISE TO VERIFY ALL INFORMATION/LAND USES WITH THE CITY/COUNTY/COUNTY OF RIVERSIDE!!
LOCATION, LOCATION, LOCATION! Turnkey full-service, well established, stable auto repair business opportunity with long-term clientele. This well-maintained, clean, organized business is located in a freestanding building in the heavily populated City of Riverside. The leased building offers 4-double bays with 4 vehicle lifts, 1 flat lift, customer waiting area, reception, private office, 2 bathrooms, storage room, ample customer parking, and secure overnight vehicle parking. The business model offers tire sales, emission/smog testing, general auto repair, DMV services, fleet service, and an auto wholesale license. There are currently 5 full-time employees. AAA Shop, NAPA Auto Care Center, ASE certified, and long- term triple net lease is in place. Located in a high traffic intersection just off the 215 freeway with excellent visibility and access to attract new customers. After 35+ years of growing the business, the owner is hanging up his work shoes and retiring… he says it’s time to travel! NDA (Non-Disclosure Agreement) is required before financial information is disclosed. SBA loan with 10% down is available for qualified buyers.
Update !!! News Flash !!! City of Riverside says they have fully funded the sewer project on Van Buren Blvd. Estimated time of completion end of 2024. Bring all offers, owner wants to sell! Flat commercial/residential zoned land. Busy intersection in the Woodcrest area of Riverside County, NWC of Van Buren Blvd & Ridgeway Ave. Excellent Street Frontage on Van Buren Blvd High Traffic Counts Great Developer Property
The median home value in Riverside, CA is $590,700. This is higher than the county median home value of $536,000. The national median home value is $338,100. The average price of homes sold in Riverside, CA is $590,700. Approximately 52.85% of Riverside homes are owned, compared to 42.03% rented, while 5.13% are vacant. Riverside real estate listings include condos, townhomes, and single family homes for sale. Commercial properties are also available. If you see a property you’re interested in, contact a Riverside real estate agent to arrange a tour today!
Riverside, California 92508 has a population of 314,858. Riverside 92508 is more family-centric than the surrounding county with 35.72% of the households containing married families with children. The county average for households married with children is 35.14%.
The median household income in Riverside, California 92508 is $76,755. The median household income for the surrounding county is $76,066 compared to the national median of $69,021. The median age of people living in Riverside 92508 is 31.9 years.
The average high temperature in July is 94.2 degrees, with an average low temperature in January of 42.4 degrees. The average rainfall is approximately 11.3 inches per year, with 0 inches of snow per year.