For Sale
$2,500,000

555 Pennsylvania AveBeaumont, CA 92223

Prime I-10 Freeway location, high traffic.

Overview

Added:
Dec 11, 2024
Days on market:
114
This exceptional 1.33-acre commercial land parcel in Beaumont, California (APN: 418-122-021 & 418-160-006), presents a unique development opportunity. Zoned for Sixth Street Mixed Use, the property boasts pre-approved Conditional Use Permits (CUPs) for a comprehensive development plan. This includes a 3,400 sq. ft. convenience store with beer and wine sales, a 1,292 sq. ft. Quick Service Restaurant (QSR), and an 85-foot express car wash. Strategically located adjacent to the I-10 Freeway and directly across from the Pennsylvania Avenue exit in Riverside County, 92223 (555 Pennsylvania Ave), this site offers unparalleled visibility and accessibility, ensuring high traffic volume and significant potential for return on investment. The asking price is $2,500,000 and the sale is structured to accommodate a 1031 exchange. This rare opportunity is ideal for developers seeking a high-traffic, freeway-adjacent location with existing entitlements. The property's prime location and approved plans minimize development hurdles, maximizing the potential for a swift and profitable project.

Highlights

  • Excellent freeway visibility and accessibility.
  • Convenient freeway on/off ramp access.
  • Approved Conditional Use Permit (CUP) for a convenience store with beer and wine sales, gas station, quick-service restaurant (QSR), and express car wash.
  • Highly desirable and rare development opportunity.

Property Details for 555 Pennsylvania Ave

Property type
Land
Lot Size (sq. ft)
57,935 SF

Location Insight

City
Beaumont
County
Riverside
State
California
Latitude
33.928277
Longitude
-116.966474
555 Pennsylvania Ave, Beaumont, California

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555 Pennsylvania Ave
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