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Commercial Retail and Office Building

3768 TENTH ST Riverside, CA 92501

3768 TENTH ST, Riverside, CA, 92501
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For Sale
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For sale near city hall and historic courthouse, offering approximately 5,350 sq. ft. of commercial building space.

Property Size5,350 SF
Price / SF$295
Days on Market82

Property Features for 3768 TENTH ST

General Information

Standard status
Active
Size
5,350 SF
Property subtype
Retail, Office

Building Details

Year Built
1967
Listing agency Thompson Commercial Real Estate Investment Services Inc
Listed by Roger Thompson · License #CA 01310608
Source Crexi
Added: May 1 Updated: Jul 20 at 7:47PM Checked: Jul 21 at 1:40PM

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 Thompson Commercial Real Estate Investment Services Inc


Investment Insights

Based on property information with market context.

This for-sale commercial building offers approximately 5,350 sq. ft. of retail and office space. The property is being marketed as a general commercial asset suitable for mixed-use business occupancy based on its listed retail and office unit profile.

The building is located near the city hall and historic courthouse, placing it in a civic-focused area.

The available information does not specify the internal unit layout or tenant improvements, so prospective buyers or brokers should confirm configuration and finish details during due diligence.

Key Highlights

  • Approximately 5,350 SF commercial building available for sale
  • Year built: 1967
  • Located near city hall and the historic courthouse

Local Financial Insights For Office B

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $157.3k $29.40
− Vacancy −$9.4k −$1.76
EGI $147.9k $27.64
− OpEx −$37.0k −$6.91
NOI $110.9k $20.73
5,350 SF · lease $29.40/SF/yr · vacancy 6.00% · expense 25.00%

Alternative Uses

Best Use
Office B
$1.58M
$1.39M – $1.85M (±1% cap)
NOI $110,889 @ 7.0% cap · market cap 7.03%
Second Best
Retail
$1.10M
$958.6K – $1.28M (±1% cap)
NOI $76,686 @ 7.0% cap · market cap 4.86%
Theoretical Best
Office A
$1.84M
$1.61M – $2.14M (±1% cap)
NOI $128,482 @ 7.0% cap · market cap 8.14%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

Big Block Realty ... Real Estate Agency Fuzzy Gardens Medical Clinic

Suggested Use

Dental Office Storage Facility Electrical Service Daycare Center (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store HVAC Service Grocery & Convenience Store Locksmith Carpet & Flooring Store

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Retail space - For sale near city hall and historic courthouse, offering approximately 5,350 sq. ft. of commercial building space.
Where is this retail space located?
The property is located at 3768 TENTH ST Riverside, CA.
What is the asking price?
The asking price for this property is $1,578,250.
What are key features of this property?
This property features: Approximately 5,350 SF commercial building available for sale; Year built: 1967; Located near city hall and the historic courthouse
Contact an agent
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