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$950,000
Est. payment /mo
0.71 Acres Lot
UPDATED:
Key Details
Property Type Vacant Land
Sub Type Lots/Land
Listing Status Active
Purchase Type For Sale
MLS Listing ID PW25075852
HOA Y/N No
Lot Size 0.710 Acres
Acres 0.7102
Property Sub-Type Lots/Land
Property Description
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning has the potential to convert to residential zoning R-3. This offers flexibility for various business types, including retail, professional office, or possible apartments. Other key features that contribute to its attractiveness are the sizable lot, its close proximity to residential areas, and being across from an elementary school. This opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business or build units in the area. It would be important to conduct a thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property. The General Plan Amendment would need to be approved by the Planning Commission in order to change the zoning. (2nd parcel AP# 181-030-008). There is currently a commercial structure on the property that is 1500 sq ft.
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning has the potential to convert to residential zoning R-3. This offers flexibility for various business types, including retail, professional office, or possible apartments. Other key features that contribute to its attractiveness are the sizable lot, its close proximity to residential areas, and being across from an elementary school. This opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business or build units in the area. It would be important to conduct a thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property. The General Plan Amendment would need to be approved by the Planning Commission in order to change the zoning. (2nd parcel AP# 181-030-008). There is currently a commercial structure on the property that is 1500 sq ft.
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning has the potential to convert to residential zoning R-3. This offers flexibility for various business types, including retail, professional office, or possible apartments. Other key features that contribute to its attractiveness are the sizable lot, its close proximity to residential areas, and being across from an elementary school. This opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business or build units in the area. It would be important to conduct a thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property. The General Plan Amendment would need to be approved by the Planning Commission in order to change the zoning. (2nd parcel AP# 181-030-008). There is currently a commercial structure on the property that is 1500 sq ft.
Location
State CA
County Riverside
Area Riv Cty-Riverside (92509)
Building
Lot Description Curbs
Others
Monthly Total Fees $2
Acceptable Financing Cash
Listing Terms Cash
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Listed by Beverly Cota • First Team Real Estate
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