18442 Van Buren Blvd Riverside, CA 92508-9258

This exceptional 3,602-square-foot industrial property, situated on a 1.34-acre lot in Riverside, CA (92508), presents a compelling investment opportunity. The single-story building, constructed in 1980 and extensively renovated in 2022, boasts a 17-foot warehouse clear height, three oversized ground-level doors, and a bonus loft upstairs. Recent renovations include a new roof and siding, offices, HVAC system, restrooms, sewer lines, kitchen, epoxy floors, outdoor canopies, and LED lighting. The property features a concrete paved yard, gated and fenced for enhanced security. Zoned M-SC (Manufacturing-Service Commercial), permitted uses include warehousing, heavy manufacturing, fabrication, drayage, freight operations, vehicle storage, sales, and yard storage (verification with Riverside County recommended). Currently 100% occupied by a car auction business, the property offers a five-year NNN lease at $23,000 annually, with 2% annual rent bumps, resulting in a 6.5% cap rate. Alternatively, the property can be purchased vacant. The property includes approximately 3,200 square feet of additional outdoor covered canopy. Power is approximately 200 amps (confirmation recommended). This property is ideal for 1031 exchange investors or owner-users seeking a prime location with significant upside potential. The APN is 280-110-012.