416 Riverside Ave Roseville, CA 95678

This property, previously used as a car lot, is suitable for various retail and commercial purposes. It is located on Riverside Avenue in Roseville, an evolving retail strip within an opportunity zone. The area is experiencing investment from both the city and private investors, aiming to create a walkable downtown lifestyle. The property is in the final planning stages for a residential mixed-use project that includes 18 apartments and 2 retail units at street level. These plans will be included with the sale, subject to city approval. Preliminary designs suggest two buildings with 3 to 4 stories, totaling approximately 21,188 square feet, with about 18 units and 2 offices. Riverside Guidelines restrict building heights to 50 feet. The location offers excellent frontage on Riverside Avenue, with an average daily traffic count of 9,680 cars. The site is located in old Roseville on Riverside Avenue, just south of Douglas Boulevard, offering walking distance to retail amenities and close proximity to the redevelopment of Downtown Roseville. There is potential for 22 parking stalls on site, with 2 additional street parking spaces. The property size is 930 square feet.