3481 Prospect Ave, Riverside, CA, 92501

3481 Prospect Ave Riverside, CA 92501

3481 Prospect Ave, Riverside, CA, 92501
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FOR SALE
Property Type:
Multi Tenant Office
Amount:
$1,295,000
Last Verified:
Apr 23, 2024

Highlights

  • Rare, Small Freestanding Office Building
  • 25 Exclusive Parking Spots (5.25:1,000) Plus Street Parking
  • Reception, Three (3) Offices, Large Open Bay Area, Two Restrooms, Kitchen, Large Storage Areas
  • Built in 1972
  • Located Adjacent to Downtown Riverside
  • Across the Street from Riverside City College
  • Three Blocks to 91-Freeway
  • Est. Average Household Income (2023): $104,857 (3-Mile Radius)
  • Close to Retail, Schools and Parks
  • APN 219-330-017
  • Price: $1,295,000 ($271.43 PSF)
  • Call to Show

Description

NAI Capital Commercial Inc. has been selected to exclusively offer this 4,771 SF freestanding, single-story office building on an approximately 24,985 SF lot. The subject has 25 exclusive parking spots 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)”. The property will be delivered vacant at Close of Escrow.

4,771 SF freestanding, single-story office building on an approximately 24,985 SF lot


Year Built: 1972
Building Size: 4617sq ft
Building Class: B
Lot Size: 0.58 acres


Documents

3481 Prospect Ave - Brochure LDS.pdf

Map of 3481 Prospect Ave, Riverside, CA, 92501

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

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