Asking Price: $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 Rialtos 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.