875 Clark St - Clark Street 2,951 SF Specialty Building Offered at $1,829,100 CAD in Riverside, CA 92501

Exceptional opportunity to acquire approximately 1.5 acres of flat, usable land improved with quality existing structures offering immediate utility and outstanding future development potential. The property features a custom-built single-story residence of approximately 3,000 square feet, an oversized 1,000 Square feet attached garage, a detached approximately 2,500-square-foot two-story garage complete with utilities and its own septic system, and a large workshop with electricity, plumbing, restroom, and vehicle lift. Extensive concrete improvements, mature landscaping, dual access points from Clark Street and the rear alley, and a private electric gated entrance further enhance the property’s functionality. The expansive rectangular parcel offers significant flexibility for builders, developers, investors, contractors, or owner-users seeking a property with both current improvements and future upside. Subject to buyer investigation and approval by the City of Riverside, the site may offer the potential to subdivide and build additional residences while retaining or repurposing the existing improvements. The detached garage may also present future ADU or conversion possibilities, subject to buyer verification and governmental approvals. Whether your vision is to create a small residential development, establish a multigenerational family compound, develop additional homes for resale, generate long-term rental income, or simply enjoy a rare estate with room for future expansion, this property offers exceptional versatility. Conveniently located just minutes from Downtown Riverside with outstanding access to the 91, 215, and 60 Freeways, the property combines excellent accessibility with a private setting. As an added benefit, the neighboring approximately 7.5 acres of city-owned land has been designated for a future park, enhancing the surrounding open-space environment.