$1,350,000

Great Opportunity to own a historic home on 1.1 ACRES! This is a RARE opportunity for you to own and operate a live-in property/Business on a main thoroughfare in the vastly growing Highgrove neighborhood of Riverside, CA. The front portion of the property is zoned C-P-S: Scenic Highway Commercial. With 2 driveway entrances, and an expansive STORAGE YARD that is FULLY PRIVATE, this property is ideal for a myriad of businesses such as: Contractor Businesses, Auto Repair, Autobody Shop, Trailer/Boat Storage, Equipment Rentals, Truck/Trailer Sales, Recycling Facilities, Tow-Yard, Vehicle Storage, etc etc! (Must verify with county Riverside on all permitted uses). This property is a staple of Riverside's History as the building was originally constructed in 1918 as a 1,704 SF residence with 4 bedrooms and 2 bathrooms, and is still in good condition, and has been a multigenerational property for the last 60 years. The house can be a Grandfathered residential use, making it ideal for a Live-in/Work Home Business with enough space for storage, and a back yard for the family to enjoy including a Pool that remains in good condition. The parcel is technically "split-zoned" with CPS zoning in the front, with R1 residential zoning in the rear. The residential zoned portion is wedged between commercially zoned properties on both sides, hence a permitted Zone-Change with the county of Riverside is highly likely, if you wish to do so. This property is also ideally located just seconds from the 215 FWY Offramp, and has approximately 17,000+ Cars Per Day along Center St, making for great visibility for potential customers. Whether you aspire to create a bustling retail center, establish offices, or craft a mixed-use development, the possibilities are endless here! Local New Developments Include: Pulte Homes is poised to build a proposed 846 NEW HOMES (Summit Canyon), and a proposed new Shopping Center called the HIGHGROVE TOWN CENTER just up on Center St. In addition, KB HOMES HAS ALREADY BEGUN their ambitious 785-acre master-planned community to construct approximately 1,400+ Upscale Homes, all of which are residents whom must drive by this subject property to get to Mt Vernon. Now is your time to Invest into the Path of Progress, and get in one one special property that can only go up from here. Buyer must verify any and all marketing information to satisfy themselves.