$1,300,000
FOR SALEActive220 W Big Springs Road
Riverside CA 92507
5,109
SF
Multi-Family
Type
1977
Built
$254/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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!
Property Information
Property Overview
Commercial - MultiFamily
Property Type
Active
Status
0.6 acres
Lot Size
5,109 SF
Square Footage
$254.45/SF
Price per SF
1,977
Year Built
2
Stories
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Utilities & Systems
Investment Metrics
Data not available.
Sale history for 220 W Big Springs Road → (2 recorded sales)
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CRMLS
MLS# IG25110125
Listed:
Nalren refreshed:
Last updated
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Listed by: CAPITIS REAL ESTATE
Equal Housing Opportunity
Advertising Broker: Nalren Corp (CA DRE #02423715)
Licensed in the state of California
Nalren Corp (CA DRE #02423715) is the Advertising Broker for this IDX display. We are not the listing broker for this property. The listing broker/agent information is shown above. Contact the listing agent for inquiries.