Freestanding Retail Building with Rear
5506 Mission Riverside, CA 92509
5506 Mission, Riverside, CA, 92509
$379,000
For Sale
$379,000
Freestanding retail building on a Village Center-zoned lot with a usable rear area for parking or outdoor use.
Property Size800 SF
Lot Size0.05 Acres
Price / SF$473.75
Days on Market225
Property Features for 5506 Mission
General Information
- Standard status
- Active
- Size
- 800 SF
- Lot size
- 0.05 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 1938
Listing agency
AMERICAS BEST REALTY
(951) 682-2233
Listed by
DIEGO NUNEZ
Source
Xome
Added: Dec 9, 2025 Updated: Jul 21 at 5:28PM Checked: Jul 21 at 5:28PM
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 AMERICAS BEST REALTY
Investment Insights
Based on property information with market context.
Freestanding commercial building offering a clean, neutral interior layout that was recently refreshed with light cosmetic improvements and general maintenance. The property is approximately 800 square feet on a 2,178 square foot lot, and it is zoned R-VC (Village Center), supporting a broad range of retail and service-oriented uses. The lot also includes usable rear land that may accommodate parking, outdoor use, or potential food truck activation, subject to buyer verification and any required city approvals.
Located along Mission Boulevard in Riverside, the property benefits from visibility and strong traffic exposure. It is also positioned near The District and significant new residential development in the surrounding area, supporting continued neighborhood-serving demand.
Buyers should independently verify square footage, zoning and intended use, and any permits or approvals related to outdoor or food service use.
Located along Mission Boulevard in Riverside, the property benefits from visibility and strong traffic exposure. It is also positioned near The District and significant new residential development in the surrounding area, supporting continued neighborhood-serving demand.
Buyers should independently verify square footage, zoning and intended use, and any permits or approvals related to outdoor or food service use.
Key Highlights
- Freestanding commercial building along Mission Boulevard on a corner lot with rectangular topography
- Approximately 800 SF building on a 2,178 SF lot; zoned R‑VC (Village Center) for retail and service‑oriented uses
- Usable rear land area that may accommodate parking, outdoor use, or potential food truck activation (buyer to verify/approve)
Local Financial Insights For Retail
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 | $17.3k | $21.60 |
| − Vacancy | −$899 | −$1.12 |
| EGI | $16.4k | $20.48 |
| − OpEx | −$4.9k | −$6.14 |
| NOI | $11.5k | $14.33 |
800 SF · lease $21.60/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Retail
$163.8K
$143.3K – $191.1K
NOI $11,467 @ 7.0% cap · market cap 3.03%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$274.5K
$240.2K – $320.2K
NOI $19,212 @ 7.0% cap · market cap 5.07%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Poodle Shoppe
Pet Grooming Service
Similar For Sale Nearby
Similar Off Market Nearby
- Rubidoux Flower & Gift Shop — 5592 Mission Blvd, Riverside, CA 92509
FAQs
What type of property is this?
Storefront property - Freestanding retail building on a Village Center-zoned lot with a usable rear area for parking or outdoor use.
Where is this storefront property located?
The property is located at 5506 Mission Riverside, CA.
What is the asking price?
The asking price for this property is $379,000.
What are key features of this property?
This property features: Freestanding commercial building along Mission Boulevard on a corner lot with rectangular topography; Approximately 800 SF building on a 2,178 SF lot; zoned R‑VC (Village Center) for retail and service‑oriented uses; Usable rear land area that may accommodate parking, outdoor use, or potential food truck activation (buyer to verify/approve)
