416 Riverside AveRoseville, CA 95678

Exceptional investment opportunity in Roseville, CA, awaits with this 0.43-acre land parcel at 416 Riverside Ave (APN 014-033-014). Currently zoned CMU/SA-RG (Commercial Mixed Use), this property presents a compelling redevelopment prospect. Previously used as a car lot, it's ideally situated on Riverside Avenue, a thriving retail corridor experiencing significant revitalization efforts fueled by city and private investment. The site boasts excellent visibility with an average daily traffic count of 9,680 vehicles. Preliminary plans, included in the sale, detail a proposed mixed-use development encompassing approximately 21,188 square feet, featuring 18 residential units and 2 street-level retail spaces across two 3-4 story buildings. The project is in the final planning stages with the City of Roseville, and sale is subject to final approval. Roseville's commitment to enhancing walkability and downtown lifestyle makes this a particularly attractive location. The property offers potential for approximately 22 on-site parking stalls, plus additional street parking. This presents a unique chance to capitalize on Roseville's strong housing market and its ranking as California's #1 city for families (2020). Proximity to existing retail amenities further enhances its appeal. The asking price is $1,050,000. Contact us for complete design plans and further details.