4132 University Ave., Riverside, CA, 92501

4132 University Ave. Riverside, CA 92501

FOR SALE
Property Type:
Multi Tenant Office
Amount:
$768,000
Last Verified:
Jun 04, 2019

Highlights

  • Downtown Riverside
  • Frontage on University Ave.
  • 1/2 mile from Historic Mission Inn & Riverside Community Hospital
  • Investment/Owner/User Opportunity
  • Near 91/60/215 Freeways
  • Downtown Courts, New Library, RCC Culinary & Arts
  • APN 214-292-005
  • Part of Portfolio Sale - Can be Purchased Separately

Description

Part of Portfolio Sale - Can be Purchased Separately

Downtown Riverside
1/2 mile from Historic Mission Inn and Riverside Community Hospital

Building Size: 1920.0sq ft
Building Class: C
Lot Size: 0.11 acres

Map of 4132 University Ave., Riverside, CA, 92501

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.