5870 Jasmine St Riverside, CA 92504

Located at 5870 Jasmine Street in Riverside, CA, Jasmine Street Storage is a single-story storage facility constructed in 1974 and 1989, featuring concrete, metal, and wood construction. The facility offers 7,920 rentable square feet of enclosed storage, divided into 20 units, situated on 0.46 acres of land. The property is positioned approximately 400 yards north of the Jurupa and Jasmine Street intersection, which experiences a traffic count exceeding 13,000 vehicles per day. The facility is currently fully occupied in a market demonstrating high demand for self-storage space. The larger units are particularly desirable among contractors, including plumbers, electricians, mechanics, handymen, and construction workers. Given the high occupancy rate and strong demand for storage in Riverside, there is potential for rent increases and further revenue enhancement. The property includes an on-site manager and is surrounded by a mix of commercial and residential developments. Recent electrical and plumbing upgrades position this property as a strong owner-user opportunity. A business owner can operate out of one building while generating steady income from tenants in the other. This built-in rental revenue creates an additional income stream that can help offset operating expenses and reduce overhead, making it an efficient and strategic setup for an owner-operator looking to combine workspace and investment in one property.