17157 Van Buren, Riverside, CA 92504

$1,799,000

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List Price
$1,799,000
Status
ACTIVE
MLS#
IV26169827
Year Built
1949
Lot Size
64,033
Acres
1.47
Lot Location
0-1 Unit/Acre, 2-5 Units/Acre, Lot Over 40000 Sqft, Level, Rectangular Lot, Value In Land, Yard
Days on Market
12
Property Type
Commercial
Property Sub Type
Mixed Use

Property Description

This property presents a rare opportunity to acquire a high-visibility development site in Riverside's thriving Orangecrest/Woodcrest corridor. The offering includes two fully fenced APNs with approximately 164 feet of frontage on Van Buren Boulevard, directly adjacent to Tractor Supply and surrounded by established residential communities, neighborhood retail, and daily consumer traffic. The property also includes an income-producing 1,014-square-foot, 2-bedroom, 1-bath home that is currently tenant-occupied, providing immediate rental income while development plans are finalized. Zoned CPS to accommodate retail, multifamily, and other permitted commercial uses (subject to applicable approvals), this versatile property offers exceptional flexibility for developers, investors, and owner-users. Whether your vision includes a retail center, medical or professional offices, restaurant, mixed-use development, or multifamily housing, this premier location provides outstanding visibility, accessibility, and exposure along one of Riverside's busiest commercial corridors. Adding to its investment appeal, the property includes valuable water rights and is eligible to transition from septic to city sewer through the City's proposed infrastructure improvements, creating additional long-term development advantages. The current owner has also completed a conceptual plan for a 33-townhome development, presenting buyers with the opportunity to potentially build upon an existing vision and significantly reduce the preliminary planning process, subject to City review and approvals. Located in one of Riverside's most established and growing submarkets, Orangecrest continues to experience strong residential demand and expanding commercial growth. Combining income potential, exceptional development flexibility, existing conceptual planning, infrastructure advantages, and a prime high-traffic location, 17157 Van Buren Boulevard represents a unique opportunity to create lasting value in one of Riverside's most desirable investment corridors.

Additional Information

Heat
Fireplace(s)
Exterior Construction
Block, Drywall, Frame, Glass, Concrete, Plaster
Roof
Composition
Water
Well
Attached Structure
Detached

Listing courtesy of Listing Agent: VINOD DESAR (vinoddesar@gmail.com) from Listing Office: BERKSHIRE HATHAWAY HOMESERVICES CALIFORNIA REALTY.

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Based on information from California Regional Multiple Listing Service, Inc. as of . This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.