4022-4038 Park Ave - Freestanding FOR SALE


Riverside, CA 92507- Eastside
$495,000 USD
818-506-8058
4022-4038 Park Ave, Riverside, CA for Sale
$495,000 USD
Freestanding - FOR SALE
1/4
null | Request Cap Rate

4022-4038 Park Ave
Riverside, CA 92507
Eastside


HIGHLIGHTS

  • Freestanding retail building with frontage along Park Avenue.
  • Opportunity Zone location may benefit qualifying investments.
  • On-site parking supports customer and employee access.
  • Located within Riverside's established Eastside neighborhood.
  • Accessible to Downtown Riverside and regional transportation routes.
  • Sits on a 15,326 square foot lot

OVERVIEW

4022-4038 Park Ave presents an opportunity to acquire a freestanding retail property in Riverside's Eastside neighborhood. Built in 1946, the single-story building offers a flexible configuration suitable for owner-users seeking a visible commercial location or investors pursuing repositioning and redevelopment potential. The property benefits from frontage along Park Avenue, on-site parking, and multiple parcels associated with the offering, creating additional flexibility for future use and site planning. The location provides access to Downtown Riverside, the University of California, Riverside area, and several established residential neighborhoods that contribute to daily consumer activity. Public transportation service, strong drivability, and proximity to major regional corridors support customer and employee accessibility. The property's Opportunity Zone designation may be attractive to qualified investors evaluating long-term capital deployment strategies. The combination of an existing retail structure, established commercial setting, and accessibility within one of Inland Southern California's largest cities creates multiple paths for value creation. Whether considered as an owner-user acquisition, redevelopment candidate, or investment property, the asset provides a foundation for a range of commercial business objectives in a well-known Riverside location.

FOR SALE DETAILS

PRICE

$495,000 USD

PRICE/SF

$202 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1946

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.35 AC

LAND SF

15,326 SF

ZONING

A1

APN/PARCEL ID

211-202-001,211-202-006,211-202-007

ASK ABOUT THIS PROPERTY

Jeff SchullerRay Asset Management, Inc.More Info
818-506-8058

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Jeff SchullerRay Asset Management, Inc.More Info
818-506-8058

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