501 N Palm Avenue
Riverside, CA 92543
12,632Sqft(Lot)
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 us
Property Details
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Map
What's Nearby
Nearby Areas
Features
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Lot Information
Main Square Feet: 12632 Lot Size Acres: 0.29 Lot Size Source: Assessor Lot Size Square Feet: 12,632 Lot Description: Level,Paved,StreetLevel
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Listing Price Information
Listing Price: $169900Original Price: $200000Cash, Conventional, Submit
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Tax Information
Parcel Number: 442030033 Tax Lot: 1
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Utility Information
ElectricityAvailable, NaturalGasAvailable, SewerAvailable, WaterAvailable -
Location Information
Direction: From Florida Ave, travel north on Palm Ave. The property will be on your left. WaterSource: SeeRemarks
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ByOwner last updated this listing 10/02/2026 @ 13:16
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