2305 Chicago Ave Riverside, CA 92507
For Sale
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This exceptional commercial property, located at 2305 Chicago Avenue in Riverside, California (zip code 92507), presents a unique investment opportunity. Situated on the corner of Spruce Street and Chicago Avenue, this single-story building offers unparalleled visibility and curb appeal. The 7,345 square foot space features a remodeled interior with open office space, divided by half-walls, and currently configured with 12 desks. The layout includes 18 individual offices, two kitchens (without gas or dishwashers), and three ADA-compliant bathrooms. A large conference room provides ample space for meetings and presentations. Secure parking is a significant advantage, with 27 spaces, including two handicapped-accessible spots, all accessed via an automatic gate with remote and keypad entry. The property is zoned BMP, offering flexibility for a variety of commercial uses. This high-visibility location, combined with the substantial square footage and ample parking, makes this property an ideal investment for businesses seeking a prominent Riverside presence. The property is priced at $1,850,000.
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TKE Engineering Inc Engineering Consultant Civil Engineering Company
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Renner Terry Civil Engineer
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2024Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
R106 · Riverside, CARiverside. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.