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1775-1795 University Ave - Mixed Use Corner Lot 0.4 Acres of Commercial Land Offered at $1,975,000 in Riverside, CA 92507
Investment Highlights
- On High Traffic Street.
- Near new and growing Development.
- Excellent Opportunity in Riverside.
Property Facts
| Price | $1,975,000 | Proposed Use | |
| Sale Type | Investment | Total Lot Size | 0.40 AC |
| No. Lots | 1 | Cross Streets | Mesa St. |
| Property Type | Land | Opportunity Zone |
Yes
|
| Property Subtype | Commercial | ||
| Zoning | MU-U | ||
| Price | $1,975,000 |
| Sale Type | Investment |
| No. Lots | 1 |
| Property Type | Land |
| Property Subtype | Commercial |
| Proposed Use | |
| Total Lot Size | 0.40 AC |
| Cross Streets | Mesa St. |
| Opportunity Zone |
Yes |
| Zoning | MU-U |
1 Lot Available
Lot
| Price | $1,975,000 | Lot Size | 0.40 AC |
| Price Per AC | $4,937,500.00 |
| Price | $1,975,000 |
| Price Per AC | $4,937,500.00 |
| Lot Size | 0.40 AC |
Description
1795 University Avenue presents a premier development opportunity located in the heart of Riverside along one of the city’s most heavily traveled and established commercial corridors. This highly visible corner lot offers outstanding frontage along busy University Avenue, providing exceptional exposure and accessibility for future retail or restaurant development. Strategically located near the 60 Freeway, the property benefits from strong commuter traffic and convenient regional connectivity. The site is zoned CR-2 (Commercial Retail), allowing for a wide range of commercial uses including retail, restaurant, and potential drive-thru development, subject to buyer verification and city approvals. The property is situated within a thriving and rapidly improving trade area, directly adjacent to Walgreens and surrounded by major national and regional retailers, restaurants, and service providers. The location is further strengthened by its close proximity to the University of California, Riverside, University Village, and Downtown Riverside, providing a strong and consistent customer base driven by students, professionals, and surrounding residential communities. With its prime corner positioning, excellent visibility, strong traffic exposure, and location within one of Riverside’s most active retail corridors, this site offers a rare opportunity for developers, owner-users, and national or regional franchise operators seeking to establish a presence in a high-growth Southern California market.
Property Taxes
| Parcel Numbers | Improvements Assessment | $0 | |
| Land Assessment | $1,887,000 | Total Assessment | $1,887,000 |
Property Taxes
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1775-1795 University Ave - Mixed Use Corner Lot
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