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4290 Tyler St - Mixed Use Retail/Residential Lot 1.03 Acres of Commercial Land Offered at $999,000 in Riverside, CA 92503

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INVESTMENT HIGHLIGHTS

  • High traffic on Tyler Street with approx 387 ft street frontage, 1 mile to 91, close to shopping and existing residential/commercial

EXECUTIVE SUMMARY

3 adjacent APNs [APNS 143-140-022, 143-140-001, 143-140-053 included]

PROPERTY FACTS

Price $999,000
Sale Type Investment
Sale Condition Build to Suit
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Retail
  • Office
  • Mixed Use
  • Apartment Units - Condo
  • Storefront, Retail or Residential
Building Class C
Total Lot Size 1.03 AC
Zoning MU-V - Mixed-Use - Village: medium to high-density residential development with retail, office and service uses (Buyer to verify zoning/use city Planning)

1 LOT AVAILABLE

Lot 1

Price $999,000
Price Per AC $969,898.20
Lot Size 1.03 AC

Approx 115-117ft deep; Tyler Street frontage approx 387 feet (all measurements approximate; Buyer to survey); 3 adjacent APNS 143-140-022, 143-140-001, 143-140-053 included. Zoned Mixed Use-Village (MU-V)

DESCRIPTION

RARE LOCATION | TYLER STREET FRONTAGE | MIXED-USE ZONING | Zoned Mixed Use-Village (MU-V) [3 adjacent APNS 143-140-022, 143-140-001, 143-140-053 included] with approximately 387 foot street frontage on high-traffic Tyler St and near corner of California Avenue, these adjacent 3-APNs are prime for development. The MU-V Zone provides for medium to high-density residential development with retail, office and service uses primarily at the street level to facilitate a pedestrian environment. It is intended to encourage new housing opportunities, such as live/work units and residential over retail, that are nearby to commercial services. Plazas, courtyards, outdoor dining, transit stops and other public gathering spaces and community amenities, such as art in public spaces. Lot is flat (not graded) and adjacent to existing residential homes. Sidewalks are in place with utilities adjacent/nearby. Close to nearby parks, schools, restaurants, entertainment, shopping, commercial and retail including: Less than 1 mile to Starbucks and Galleria at Tyler shopping mall, 1.1 miles to Hiway 91, 1.3 miles to Kaiser Permanente Riverside Medical Center, and 3 miles to California Baptist University. Truly rare development opportunity! [Description and red lines on photos are approximation only; buyers and agents to do their due diligence on actual lot lines and all elements of property including zoning, zoning uses, development requirements, traffic patterns and highest and best use of the property.}

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
143-140-022
Land Assessment
$75,769
Improvements Assessment
$0
Total Assessment
$75,769
  • Listing ID: 31918770

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 4290 Tyler St, Riverside, CA 92503

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