220 W Big Springs Road, Riverside, CA 92507
- $1,300,000
List Agent Jill Huntsinger () 951-202-4449 CAPITIS REAL ESTATE; CoList ()
- List Price
- $1,300,000
- Price Change
- ▼ $100,000 1778793507
- Status
- ACTIVE
- MLS#
- IG25110125
- Year Built
- 1977
- Lot Size
- 26,136
- Lot Location
- Tear Down
- Days on Market
- 440
- Property Type
- Commercial
- Property Sub Type
- Multi Family
Property Description
PRICE IMPROVEMENT!!! Motivated SELLERS! Bring us your reasonable offers! What are you looking at? YES! IT'S OPPORTUNITY!!! This is your chance to develop a prime corner lot, 350 ft from the entrance to 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 door, 55 bed, 42,834 sq ft 2 story, 3 level 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 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!
Additional Information
- Heat
- None
- Water
- Public
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Based on information from CRISNet MLS as of . 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. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.