4255 Main Street, Riverside (City), 92501

REDUCED 6% Commercial - Office For Sale

$1,875,000

Beds
Baths
Sqft
.16Acres
Built
266DOM
MLS® #: IV19167113
Active, 266 Days on Market

The Jefferson Building (4255 Main St. approx 3548 ft.) and the Jefferson Annex (4229 Main St. approx 2135) are packaged here in one Sale. APN #'s 215-262-007 AND 215-262-006! 100 linear feet of Main Street, diagonal across from the Courthouse. These connected properties are approx 148 feet deep -- occupying from Main Street in the front to the alleyway in back, and private parking for tenants! Large tandem garage (approx 962 ft) behind used for private parking space and storage. Current month-to-month rents are well below market value, so this sale is *not* based on CAP-rate or Rent Schedules. These historically classic buildings are *NOT* limited as a Historical Property, so buyer has freedom to change nothing or everything. Sale includes Revertible Easement (record #2010-0364530) for Salted Pig (corner restaurant) in favor of this property. First time this property has been available in over 40 years!

Essential Information

MLS® #: IV19167113
Price: $1,875,000
Acres: 0.16
Type: Commercial
Sub-Type: Office
Status: Active

Community Information

Address: 4255 Main Street
Area: Riverside (252)
City: Riverside (City)
County: Riverside
State: CA
Zip Code: 92501

Amenities

Utilities: Electricity Connected, Telephone - On Property, Sewer Connected, Water Connected

Interior

Heating: Central Furnace
# of Stories: 2

Exterior

Lot Description: Front Yard

Additional Information

Date Listed: July 15th, 2019
Days on Market: 266

Listing Details

Listing Agent: Jeffrey Moore(01477000)
Listing Office: MOORE REALTY

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Listing information last updated on April 7th, 2020 at 12:45pm PDT.

Based on information from California Regional Multiple Listing Service, Inc. as of April 7th, 2020 at 12:48pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.