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About the Listing SWYHSGRHG01 - SWLIMODAV
Excellent Opportunity for Owner-User or Investor. Rare opportunity to acquire a versatile commercial lot (Zoned C-2 General Commercial) with strong income potential and value-add upside. Situated on a generous 12,632-square-foot parcel, this property offers flexible use options ideal for an owner-operator looking to secure their own space or an investor seeking future appreciation and cash flow. The property may be purchased with a 3,600SF (40’x90”) metal building for an additional $75,000, providing an efficient and cost-effective solution for immediate occupancy or lease-up. With targeted improvements, the property offers a projected 8.42% cap rate, making it well-suited for a value-add or repositioning strategy. Ample lot size allows for a wide range of commercial or industrial uses, expansion potential, outdoor storage, or operational flexibility. Whether you’re looking to operate your business, expand an existing operation, or enhance returns through improvements, this property delivers both current utility and long-term upside. Ideal for owner-users, investors, or entrepreneurs seeking flexibility, income potential, and future growth.
Listing Highlights for 501 N Palm Ave
Interior Details
- Appliances:
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- Water: See Remarks
Exterior Details
- Lot Description: Level,Paved,Street Level,No Land Lease
- Garage Capacity: N/A
- Zoning: C-2
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Financial Details
- Tax Amount: N/A
- Taxes w/Assessments: N/A
- Tax/Property ID: 442030033
- Tax Year: N/A
Payment Calculator
Monthly Payment
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Listing Location
Questions About..
501 N Palm Ave Riverside, CA 92543
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