$1,799,000

This property presents a rare opportunity to acquire a high-visibility development site in Riverside's thriving Orangecrest/Woodcrest corridor. The offering includes two fully fenced APNs with approximately 164 feet of frontage on Van Buren Boulevard, directly adjacent to Tractor Supply and surrounded by established residential communities, neighborhood retail, and daily consumer traffic. The property also includes an income-producing 1,014-square-foot, 2-bedroom, 1-bath home that is currently tenant-occupied, providing immediate rental income while development plans are finalized. Zoned CPS to accommodate retail, multifamily, and other permitted commercial uses (subject to applicable approvals), this versatile property offers exceptional flexibility for developers, investors, and owner-users. Whether your vision includes a retail center, medical or professional offices, restaurant, mixed-use development, or multifamily housing, this premier location provides outstanding visibility, accessibility, and exposure along one of Riverside's busiest commercial corridors. Adding to its investment appeal, the property includes valuable water rights and is eligible to transition from septic to city sewer through the City's proposed infrastructure improvements, creating additional long-term development advantages. The current owner has also completed a conceptual plan for a 33-townhome development, presenting buyers with the opportunity to potentially build upon an existing vision and significantly reduce the preliminary planning process, subject to City review and approvals. Located in one of Riverside's most established and growing submarkets, Orangecrest continues to experience strong residential demand and expanding commercial growth. Combining income potential, exceptional development flexibility, existing conceptual planning, infrastructure advantages, and a prime high-traffic location, 17157 Van Buren Boulevard represents a unique opportunity to create lasting value in one of Riverside's most desirable investment corridors.