4022-4038 Park Ave 2,448 SF Vacant Retail Building Riverside, CA 92507 $495,000 ($202.21/SF)

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.