1550 University Ave - Commercial LAND FOR SALE


Riverside, CA 92507- University44,867 SF
$2,800,000 USD
714-446-0600
1550 University Ave, Riverside, CA for Sale
$2,800,000 USD
Commercial LAND - FOR SALE
1/22
44,867 SF

1550 University Ave
Riverside, CA 92507
University


HIGHLIGHTS

  • Lot Size (SF/AC) 44,867/1.03
  • Desirable location less than 1-mile from UCR
  • Limited supply of developable land product
  • Convenient location to Freeways, shopping & more

OVERVIEW

SVN Vanguard is pleased to present an ideal student housing development opportunity in the City of Riverside, California. Situated less than 1-mile from UC Riverside, the 1550 University Ave development project consists of one parcel totaling 44,867 SF / 1.03 AC. The subject site is situated mid-block between Chicago & Iowa Ave, and offers easy access to the SR-60 & SR-91 highways. This is a proposed site for mixed-use project with capacity up up 8-stories. Project to include 4 to 5 levels of apartments over 2 floors of commercial space over podium construction, with ground floor restaurant and retail, and an additional 3 floors of subterranean parking. BUYER to verify all information.

FOR SALE DETAILS

PRICE

$2,800,000 USD

PRICE/ACRE

$2,718,434/AC

PRICE/SF

$62 USD /SF

# OF LOTS

-

LAND DETAILS

PROPERTY NAME

Student Housing Development Opportunity (UCR)

PROPERTY TYPE

Land

PROPERTY SUBTYPE

Commercial

LAND PROPOSED USE

Retail, Mixed Use, Apartment Units - Dorms

LAND ACRES

1.03 AC

LAND SF

44,867 SF

OFFSITE IMPROVEMENTS

Sewer, Water, Electricity, Gas, Streets, Curb/Gutter/Sidewalk, Cable, Telephone, Irrigation

ZONING

M-U University SP

APN/PARCEL ID

253-020-012

ASK ABOUT THIS PROPERTY

Anthony YingSVN | Vanguard CommercialMore Info
714-446-0600

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Anthony YingSVN | Vanguard CommercialMore Info
714-446-0600

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