4,771 Freestanding Office Building for Sale 3481 Prospect Ave

3481 Prospect Ave , Riverside, California, 92501 | 4,771 sq.f | $ 1,295,000

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About This Restaurant

Investment Highlights

25 Exclusive Parking Spots (5.25:1,000) Plus Street Parking Located Across the Street from Riverside City College Built in 1972 Reception, Three (3) Offices, Large Open Bay Area, Two Restrooms, Kitchen, Large Storage Areas Three Blocks to 91-Freeway Est. Average Household Income (2023): $104,857 (3-Mile Radius)

Executive Summary

4,771 SF freestanding, single-story office building on an approximately 24,985 SF lot. The subject has 25 exclusive parking spots (5.25:1,000) plus street parking. Located one block from the 91-Freeway/14th Street on/off ramp and directly across the street from Riverside City College. The zoning designation is ?Downtown Specific Plan-Prospect Place Office District (DSP-PPO)?. Improvements include Reception, Three (3) Offices, Large Open Bay Area, Two Restrooms, Kitchen & Large Storage Areas. The property will be delivered vacant at Close of Escrow. CALL TO SHOW.

Property Details

  • Sale Type    Owner User
  • Property Type    Office Office General Retail Daycare Center General Retail Restaurant Office Medical Office
  • Building Size    4,771
  • Building Class    C
  • Year Built    1972
  • Price    1,295,000
  • Price Per SF    271
  • Tenancy    Single
  • Building Height    1 Story
  • Typical Floor Size    4,771
  • Building FAR    0.19
  • Land Acres    0.57 AC
  • Opportunity Zone    Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.

Amenities

  • 24 Hour Access
  • Kitchen
  • Air Conditioning

Property Taxes

Parcel Number 219-330-017 Improvements Assessment $121,080
Land Assessment $436,212 Total Assessment $557,292
Date Created: 2024-07-16 04:09:22 Last Updated: 2024-07-16 04:09:22
Address: 3481 Prospect Ave , Riverside, California, 92501