$499,000

Prime Mixed-Use Development Opportunity in Rialto on a high traffic corner of S Riverside Ave and South St. Located at 359 S Riverside Avenue, this 0.32-acre high-visibility commercial lot offers exceptional development flexibility within the City of Rialto s Downtown Mixed Use (DMUZ) zoning, allowing both residential and retail uses. The site offers an unusually high multifamily density of UP TO 48 DWELLING UNITS/ACRE, creating a compelling opportunity for a mixed-use, multifamily, retail, or other compatible commercial development. Existing off-site improvements include curb, gutter, sidewalk improvements and nighttime street lighting, with all utilities available, helping reduce development infrastructure requirements. The property also benefits from approximately 20,000+ vehicles per day and is only about 1.5 miles from the I-10 Freeway. Surrounded by established residential neighborhoods and nearby national and regional retailers, the site offers a great opportunity for DRIVE-THRU RESTAURANTS, COFFEE SHOPS, GAS STATIONS, FREESTANDING RETAIL, AND HIGH-RISE MULTIFAMILY. Buyer to verify zoning, permitted uses, density, utilities, development standards and all information with the City of Rialto.