ActiveCommercial · sale

2961 11th

Riverside, CA 92507

$399,900

  • 0.2 acres
  • Built 1941

Listed by Realty World Main Street · MLS #IG26194705

A FEW THINGS TO NOTICE

What stands out.

Year built

Built in 1941.

Property size

0.2 acres listed.

Highlights from the listing description and property details. Confirm features with the listing agent.

THE PROPERTY

Get to know the property.

See Attachments: AMAZING OPPORTUNITY IN RIVERSIDE! This unique 8,712 sq. ft. parcel, zoned M-2, offers an exciting combination of residential use, business potential, and future income possibilities. Currently has an approximately 700 sq. ft., 3-bedroom, 1-bath residence on sight. The property provides an excellent opportunity for an owner-user, investor, or entrepreneur looking for flexibility and upside. The property originally featured two residences on the lot, with one having been demolished several years ago. Depending upon applicable City of Riverside requirements and approvals, the additional residence may offer an opportunity for future redevelopment, adding even greater potential to this already versatile property. Imagine living on-site while operating your business, utilizing the property as an income-producing investment, or exploring future development opportunities. With its generous lot size and M-2 zoning, this property offers possibilities that traditional residential properties simply cannot. Conveniently located south of the 91 Freeway and east of 14th Street, the property is near a new elementary school currently being developed, adding further appeal to the surrounding area. You’ll also enjoy close proximity to Downtown Riverside, major freeways, shopping, dining, nightlife, Riverside Plaza, and the iconic Mount Rubidoux. Priced to move and loaded with possibilities, this is an opportunity you won't want to overlook. Properties offering this combination of location, lot size, existing residence, and M-2 zoning are difficult to find. Bring your vision and explore the potential this Riverside property has to offer!

THE NEIGHBORHOOD

Explore the location.

2961 11th, Riverside, CA 92507

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THE DETAILS

The details, all in one place.

Property type
CommercialSale
Category
Commercial
Year built
1941
Cooling
None
Heating
WallFurnace
Utilities
CableAvailable,ElectricityConnected,NaturalGasConnected,PhoneAvailable,SewerConnected,WaterConnected
Zoning
M-2
Parcel
211201023

Features and school information are supplied by the listing source. Confirm measurements, school assignments, HOA terms and rental restrictions before making a decision.

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2961 11th, Riverside, CA 92507 · MLS #IG26194705

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Listing information

MLS #IG26194705 · California Regional MLS

Listing brokerage: Realty World Main Street
Listing agent: Robert Livingston

Listing status: Active. Record updated . Confirm current availability and price with the listing agent.

The multiple listing data appearing on this website, or contained in reports produced therefrom, is owned and copyrighted by California Regional Multiple Listing Service, Inc. "CRMLS" and is protected by all applicable Copyright © 2023 laws. Information provided is for viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All listing data, including but not limited to square footage and lot size is believed to be accurate, but the listing Agent, listing Broker and CRMLS and its affiliates do not warrant or guarantee such accuracy. The viewer should independently verify the listed data prior to making any decisions based on such information by personal inspection and/or contacting a real estate professional. Information deemed reliable but not guaranteed. Copyright © 2023 California Regional Multiple Listing Service, Inc. All rights reserved.