1550 University Ave - Commercial LAND FOR SALE


Riverside, CA 92507- University44,867 SF
$3,000,000 USD
626-625-2990
1550 University Ave, Riverside, CA for Sale
$3,000,000 USD
Commercial LAND - FOR SALE
1/15
44,867 SF

1550 University Ave
Riverside, CA 92507
University


HIGHLIGHTS

  • Great opportunity for ground-up retail or mixed-use development.
  • Located in a high-traffic urban corridor adjacent to UC Riverside and within minutes of Downtown Riverside.
  • Frontage and visibility along a well-traveled arterial corridor.
  • Zoning: CR-SP (Commercial Retail-Specific Plan), permitting a broad range of commercial and retail uses.
  • Immediate freeway access via the 60 Fwy enhances connectivity to the Inland Empire and Southern California Markets.

OVERVIEW

Excellent development opportunity near UC Riverside. This approximately 1.03-acre parcel is strategically positioned along a high-traffic arterial corridor, offering excellent frontage and visibility. Located adjacent to UC Riverside, minutes from Downtown Riverside, and with convenient access to the 60 Freeway, the property provides strong connectivity throughout the Inland Empire and greater Southern California. The property is designated CR-SP (Commercial Retail–Specific Plan), allowing for a broad range of potential commercial and retail uses. Buyers should independently verify all zoning, permitted uses, and development requirements with the City of Riverside.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/ACRE

$2,912,621/AC

PRICE/SF

$67 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

Johnny WongPinnacle Real Estate GroupMore Info
626-625-2990

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Johnny WongPinnacle Real Estate GroupMore Info
626-625-2990

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