Freestanding Storefront with Loading
3350 Vine, Riverside, CA 92507
For Sale
$6,860,000
The building offers a broad storefront, two loading docks, and access near the University Avenue freeway ramps.
Property Size30,000 SF
Lot Size2.40 Acres
Price / SF$228.67
Days on Market22
Property Features for 3350 Vine
General Information
Standard status
Size
Total Parking Spaces
Lot size
Property subtype
Site & Location
Neighborhood
Highway Access
Amenities
two exterior Loading docks
Building Details
Year Built
Buildings
Listing Agency:
Coldwell Banker Realty Pasadena
(626) 584-0050
Listed By:
Jeff Wiggins · License #01754343
(626) 278-7745
Source:
Teamforss
Added: Oct 19
Changed: Nov 8
Last Checked: Nov 8 at 3:57PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Coldwell Banker Realty Pasadena
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding retail building contains approximately 30,000 square feet on an approximately 2.40-acre parcel. Its exterior includes a wide storefront, a defined entry, and two exterior loading docks. The property is offered for sale or lease.
The site has approximately 270 feet of frontage on Vine Street along the 91 Freeway corridor, with access near the University Avenue on- and off-ramps. Smart & Final is adjacent, and Downtown Riverside is nearby. A historical listing reported 78 parking spaces.
The site has approximately 270 feet of frontage on Vine Street along the 91 Freeway corridor, with access near the University Avenue on- and off-ramps. Smart & Final is adjacent, and Downtown Riverside is nearby. A historical listing reported 78 parking spaces.
Key Highlights
- Approximately 30,000 SF building on an approximately 2.40‑acre parcel
- Approximately 270 feet of Vine Street frontage
- Two exterior loading docks
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$389,400
Cap Rate
5.68%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,788,000
$7.8M
Cap Rate 7%
$5,562,857
$5.6M
Cap Rate 9%
$4,326,667
$4.3M
Market Conditions
NOI Build-Up for 30,000 SF
Gross rent
$586.8K $19.56/SF
− Vacancy
−$30.5K −$1.02/SF
EGI
$556.3K $18.54/SF
− OpEx
−$166.9K −$5.56/SF
NOI
$389.4K $12.98/SF
Area
ZIP 92507
Vacancy
5.20%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$7,788,000
Cap Rate 7%
$5,562,857
Cap Rate 9%
$4,326,667
Alternative Uses
Best Use
Retail
$5.56M
$4.87M – $6.49M
NOI $389,400 @ 7.0% cap · market cap 5.68%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$10.28M
$9.00M – $11.99M
NOI $719,698 @ 7.0% cap · market cap 10.49%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
2,164
Businesses Nearby
113k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 63%
Groceries 17%
Shops & Services 10%
Home Improvements & Furnishings 6%
The Old Spaghetti Factory
Dining
28,497 visits/mo
0.3 miles
Smart & Final
Groceries
19,723 visits/mo
0.1 miles
Applebee's
Dining
19,695 visits/mo
0.4 miles
Farmer Boys
Dining
17,543 visits/mo
0.5 miles
U.S. Bank
Shops & Services
8,034 visits/mo
0.3 miles
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Properties on Market for Storefront properties in Riverside
Vacancy Rate% for Retail in West region
Similar Off Market Nearby
- Alexander's Floral Shop — 2790 university ave, riverside, ca 92507
- The Nature of Things, Fine Flowers — 3512 9th St, Riverside, CA 92501
- Riverside Mission Florist — 3900 Market St, Riverside, CA 92501
- Aldi — Riverside, CA 92501
- Riverside Flower Delivery — 3712 Mission Inn Avenue, Riverside, CA 92501
Frequently Asked Questions
What type of property is this?
Storefront property - The building offers a broad storefront, two loading docks, and access near the University Avenue freeway ramps.
Where is this storefront property located?
The property is located at 3350 Vine Riverside, CA.
What is the asking price?
The asking price for this property is $6,860,000.
What are key features of this property?
This property features: Approximately 30,000 SF building on an approximately 2.40‑acre parcel; Approximately 270 feet of Vine Street frontage; Two exterior loading docks
