4505 Allstate Drive, Riverside, CA 92501
- $4,500,000
- List Price
- $4,500,000
- Price Change
- ▼ $290,000 1776472209
- Status
- ACTIVE
- MLS#
- IV26074452
- Year Built
- 1989
- Lot Size
- 32,670
- Acres
- 0.75
- Lot Location
- 0-1 Unit/Acre
- Days on Market
- 111
- Property Type
- Commercial
- Property Sub Type
- Office
Property Description
***PRICE IMPROVEMENT!!*** Prime 3-Story Office Building | 100% Occupied | 8%+ Cap Rate | Near Downtown Riverside A rare investment opportunity just 5 minutes from Downtown Riverside, CA! This well-maintained 3-story office commercial building offers 100% occupancy with long-term tenants in place, delivering a strong CAP rate of over 8% — ideal for investors seeking immediate cash flow and stability. Located just off Freeways 91 and 215, the property provides excellent accessibility and high visibility, making it attractive to professional tenants and future growth potential. Whether you're expanding your portfolio or entering the Riverside commercial market, this turnkey investment offers both income and upside potential.
Additional Information
- Taxes
- $28,245
- Water
- Public
- Attached Structure
- Detached
Listing courtesy of Listing Agent: BLANCA ALVAREZ (BAlvarezRealtor@yahoo.com) from Listing Office: ALTICORE REALTY.
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