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Riverside Office Building Investment Opportunity

4505 Allstate Dr, Riverside, CA 92501

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For Sale

$4,500,000

Three-story office building near downtown Riverside, 100% occupied.

Type:Commercial

HighLights

100% Occupied with Long‑Term Tenants
Strong CAP Rate of Over 8%
Prime 3‑Story Office Building
Located Near Downtown Riverside, CA
Excellent Accessibility off Freeways 91 and 215
Turnkey Investment with Immediate Cash Flow

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Listing Contact

BLANCA ALVAREZ

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For Sale

$4,500,000

Three-story office building near downtown Riverside, 100% occupied.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 52
Last Refresh:: Apr 24 at 4:06 pm

Property Features for 4505 Allstate Dr

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1989

We can help!

Listing Contact

BLANCA ALVAREZ

Listing agent BLANCA ALVAREZ License #01801789

Listing office ALTICORE REALTY

Listing date Apr 24, 2026

Source Elliman

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 ALTICORE REALTY

HighLights

100% Occupied with Long‑Term Tenants
Strong CAP Rate of Over 8%
Prime 3‑Story Office Building
Located Near Downtown Riverside, CA
Excellent Accessibility off Freeways 91 and 215
Turnkey Investment with Immediate Cash Flow

Overview

This well-maintained 3-story office building, located just 5 minutes from Downtown Riverside, CA, presents a rare investment opportunity. The property is 100% occupied with long-term tenants, offering a CAP rate of over 8%. Situated just off Freeways 91 and 215, the location provides excellent accessibility and high visibility. This turnkey investment offers both income and upside potential for those expanding their portfolio or entering the Riverside commercial market. The property's bike score is 48, indicating it is somewhat bikeable, while its walk score is 32, suggesting car dependence. The transit score is 20, indicating minimal transit options.

Location Intelligence

Current Use by Public Records

Covered California Certified ... Insurance Agency Primerica Insurance Agency Law Office of Robert ... Law Firm Stacy Albelais, Attorney ... Law Firm Law Offices of Karen ... Law Firm

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Location Insight

Map
Local Demand

City: Riverside
County: Riverside
State: California
Longitude: -117.3756647
Latitude: 34.0036772

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For sale
Office buildings
CA
Riverside
92501
4505 Allstate Dr

What type of property is this?

Office building - Three-story office building near downtown Riverside, 100% occupied.

Where is this office building located?

The property is located at 4505 Allstate Dr Riverside, CA.

What is the asking price?

The asking price for this property is $4,500,000.

What are key features of this property?

This property features: 100% Occupied with Long‑Term Tenants; Strong CAP Rate of Over 8%; Prime 3‑Story Office Building

4505 Allstate Dr, Riverside, CA 92501

Three-story office building near downtown Riverside, 100% occupied.

Property Features for 4505 Allstate Dr

General Information

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Riverside Industrial Warehouse with Mezzanine

Riverside Commercial Building on Magnolia

Riverside Commercial Property with Potential

Historic Tudor Triplex

Profitable Auto Service Business Opportunity

Craftsman Triplex in Downtown Riverside

Riverside Office Building Investment Opportunity

Remodeled Duplex with New ADU

Riverside Grocery Store Business Opportunity

Riverside Commercial Property for Sale

Riverside Office Building For Sale

Two-Unit Single Family Property

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