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Property Features
- Asking Price: $1,100,000
- Asking Lease Rate: $7,000 Monthly
- +/- 6,000 SQFT Commercial Building
- New Roof, AC, Paint, and Carpet
- Street Parking
- Parking in Rear
- Two Separate Entries
Location Highlights
- In the Heart of Thriving Downtown Riverside
- Walking Distance to Multiple Brand New Urban Style Mixed Use Multi-Housing Developments
- Walking Distance to Multiple New and Historic Hotels
- Walking Distance to City, State, and County Employee Buildings
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[text_output]The Squaw Mountain site is ideal for many development visions. Our assumptions are based on an Underserved Growing Senior Living Population." Vons and Traders Joes are located approximately 3 miles north and south of the subject, leaving an under-served market 7.5 miles to closest dialysis clinic, 6 miles to closest pharmacy, 7 miles to closest US Post office, C-P-S Scenic Highway Commercial Specific wholesale and retail commercial.
No setbacks required for permitted commercial uses under 35 feet in height. Any portion of a building which exceeds 35 feet in height shall be set back from the front, rear, and side lot lines not less than 2 feet, for each foot by which the height exceeds 35 feet. Max structural height is between 50 - 75 feet.
Recommended Retail Strategic Positioning— Neighborhood Shopping Center. A grocery anchored center with a tenant that offers both grocery and drugs is recommended. Acreage should allow for standalone parcels that cater to NNN banking, nutrition center, and tenants that will pay a premium of the scenic views.
In-line tenancy will focus on experiential retail include:
Optometrist Dentist Office, Pharmacy VA Clinic, Medicare/Medicaid office, Financial advisory institutions, Dry cleanings, Hardware, Mail and Locksmith.[/text_output]
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