3239 Chicago Ave - Freestanding FOR SALE


Riverside, CA 92507- Eastside
$780,000 USD
951-237-6482
3239 Chicago Ave, Riverside, CA for Sale
$780,000 USD
Freestanding - FOR SALE
1/3
null | Request Cap Rate

3239 Chicago Ave
Riverside, CA 92507
Eastside


HIGHLIGHTS

  • Two-unit configuration with income stream and vacancy for immediate occupancy
  • Secured paved yard and block construction for durability and security
  • Strategic location near 215 Freeway and major Riverside thoroughfares
  • Strong surrounding demographics with high household income and growth projections
  • Excellent owner-user opportunity with BMP zoning flexibility

OVERVIEW

This ±2,400 SF office building offers a prime owner-user opportunity in Riverside’s dynamic business corridor. Situated at Chicago Avenue and Third Street, the property features block construction, a paved and secured yard, and prominent pylon signage for maximum visibility. The building is divided into two units: one vacant and one leased on a month-to-month basis, generating $1,200/month in gross income. With BMP zoning and an APN of 210-172-024, this asset provides flexibility for professional office use and potential future customization. The location benefits from immediate access to the 215 Freeway, ensuring excellent connectivity throughout the Inland Empire. Surrounding demographics are strong, with an average household income exceeding $108,000 within a 3-mile radius and a projected population growth to over 227,000 within five miles by 2030. This property’s secured yard and signage make it ideal for businesses seeking visibility and convenience in a thriving commercial hub.

FOR SALE DETAILS

PRICE

$780,000 USD

PRICE/SF

$325 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

8

LAND DETAILS

LAND ACRES

0.22 AC

LAND SF

9,583 SF

ZONING

BMP

APN/PARCEL ID

210-172-024

ASK ABOUT THIS PROPERTY

Finn ComerLee & AssociatesMore Info
951-237-6482

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Finn ComerLee & AssociatesMore Info
951-237-6482

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