1405 Spruce St - Light Distribution CONDO FOR SALE


Riverside, CA 92507- University
$1,100,000 USD
951-640-5959
1405 Spruce St, Riverside, CA for Sale
$1,100,000 USD
Light Distribution CONDO - FOR SALE
1/7
null | Request Cap Rate

1405 Spruce St
Riverside, CA 92507
University


HIGHLIGHTS

  • Located in Riverside’s Crossroads Technology Park with excellent freeway access.
  • Functional layout with reception, open work area, and multiple private offices.
  • Professionally managed property for ease of ownership and maintenance.
  • Ample on-site parking with a ratio of 2.5 spaces per 1,000 SF.
  • Zoned BMP, offering flexibility for office or potential flex/industrial use.
  • Convenient access to I-215 and SR-60 for regional connectivity.

OVERVIEW

Suite G at 1405 Spruce Street offers an exceptional opportunity for owner-users seeking a well-located office condo in Riverside’s Crossroads Technology Park. This ±3,486 SF space features a functional layout with a reception area, open work area, kitchen/breakroom, and multiple private offices across two levels. The property includes two restrooms and ample parking at a ratio of 2.5 per 1,000 SF. Built in 1989, the building is professionally managed, ensuring ease of ownership. Zoned Business Manufacturing Park (BMP), the suite offers flexibility for a variety of business uses and even potential for a flex/industrial conversion with a concrete opening for a roll-up door. Conveniently positioned near major freeways, including I-215 and SR-60, this location provides excellent regional access. Offered at $1,100,000, this property combines functionality, accessibility, and long-term value in a thriving business corridor.

FOR SALE DETAILS

PRICE

$1,100,000 USD

PRICE/SF

$316 USD /SF

CAP RATE

Request Cap Rate

# OF UNITS

1

CONDO SIZE

-

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Flex

PROPERTY SUBTYPE

Light Distribution

TOTAL BUILDING SIZE

21,929 SF

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2 AC

LAND SF

87,120 SF

ZONING

BMP

APN/PARCEL ID

249-111-039,249-111-040

ASK ABOUT THIS PROPERTY

Jennifer KapurLee & AssociatesMore Info
951-640-5959

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Jennifer KapurLee & AssociatesMore Info
951-640-5959

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.