Courtesy of First Team Real Estate
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning has the potential to convert to residential zoning R-3. This offers flexibility for various business types, including retail, professional office, or possible apartments. Other key features that contribute to its attractiveness are the sizable lot, its close proximity to residential areas, and being across from an elementary school. This opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business or build units in the area. It would be important to conduct a thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property. The General Plan Amendment would need to be approved by the Planning Commission in order to change the zoning. (2nd parcel AP# 181-030-008). There is currently a commercial structure on the property that is 1500 sq ft.
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning has the potential to convert to residential zoning R-3. This offers flexibility for various business types, including retail, professional office, or possible apartments. Other key features that contribute to its attractiveness are the sizable lot, its close proximity to residential areas, and being across from an elementary school. This opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business or build units in the area. It would be important to conduct a thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property. The General Plan Amendment would need to be approved by the Planning Commission in order to change the zoning. (2nd parcel AP# 181-030-008). There is currently a commercial structure on the property that is 1500 sq ft.
Land
Lots/Land
--
--
--
0.71
ACTIVE
37
-- Sq. Ft.
30,937 Sq. Ft.
Location
- No
Beverly Cota
First Team Real Estate
Riverside
PW25075852
Average List Price
$658,505
N/A
Average Sale Price
$666,302
N/A
Days on Market
50
N/A
Homes Sold
83
N/A
Median List Price
$630,000
N/A
Median Sale Price
$634,990
N/A
Sale/Price Ratio
101%
N/A
Homes for Sale
99
3%
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Sunita Gurung Easterday, CALDRE 01975888, Realoq Inc., CALDRE 02221797, 877-798-2005, 2001 Clayton Road Suite 200, Concord, CA 94520