3425 Arlington, Riverside, CA 92506

$1,999,000

Show Photos

Verify your account to unlock exclusive photos, mortgage tools, and more.

List Price
$1,999,000
Status
ACTIVE
MLS#
PW-26050695
Lot Size
85,813
Days on Market
187
Property Type
Land

Property Description

TWO (2) contiguous, flat, level, and compacted - easily accessible parcels totaling more than 93,000 sq. ft, zoned GENERAL COMMERCIAL, with approximately 450’ of frontage on the Riverside #91 Freeway, in an elevated and HIGH VISIBILITY location. OWNER is flexible, and will consider various options, including: 1. Lease - price open to negotiation. 2. Lease with Purchase Option 3. Sell 4. Possible SELLER Financing, 5. Other terms and concessions, including allowing time for Entitlements. 6. Assisting in BUYER needs, including IRS code section 1031 exchange requirements, and so forth. Bordered by Freeway fencing on front, rail lines and Self-Storage facility on the back, with 24 Hour Fitness Gym on the south side, and chain link fencing on the north side. Per CITY RIVERSIDE, the GENERAL COMMERCIAL zone is usable for a broad variety of uses, possibly including: (a) Outdoor Storage (b) Self-Storage (c) Yards for many uses below, including; a. Cranes b. Trucks c. Contractor yard & storage d. Vehicles e. Materials f. FLEET parking g. Repair (d) Manufacturing (e) Warehouse (f) Auctions (g) Services (h) Wholesale (i) Retail (j) Other Per CITY, this area is also zoned for Commercial Development. Land sits next to FREEWAY EXIT located shopping center, including a ’24 Hour Fitness’ facility, and in between the ARLINGTON and CENTRAL AVENUE exits of the #91 Freeway. NOTE: Some various and sundry uses might require a CUP, special permitting, and/or other requirements to meet CITY regulations, so please contact CITY RIVERSIDE Planning (951) 826-5800 to verify that all intended uses and potential applications are allowable under the GENERAL COMMERCIAL Zoning.

Additional Information

Land Lease Type
Fee
View
City Lights, Hills

Mortgage Calculator

Amount of Loan
Annual Interest Rate
%
Term of Loan
Years

Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Keller Williams Pacific Estate.