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405 Iowa AvenueRiverside, CA 92507

Riverside County

$1,999,999List price
4,045Sq Ft
1960Year built
0.34Acre lot
1Stories
22 months agoOn market

Description

405 Iowa Ave in Riverside presents a prime investment opportunity to acquire a freestanding retail strip center. This single-story building features three fully leased retail units, generating a monthly income and offering a reliable and stable return for investors. This property boasts excellent accessibility, situated less than half a mile from I-215, less than 5 minutes from downtown Riverside, and 23 minutes from Ontario International Airport. Positioned on a 0.34-acre lot with 20 surface parking spaces, it is located in the East Inland Empire submarket and zoned CP, supporting a variety of retail uses. This highly accessible property is an ideal addition to any investment portfolio.

Property Information

Property type
Commercial Sale
Sub-type
Retail
Year built
1960
Stories
1
Building area
4,045 Sq Ft
Lot size
0.34 acres
Lot dimensions
.34 ACRES
Parking spaces
20
Zoning
CP
Days on market
665
MLS® Listing#
SW24241504

Property Features

Laundry
None
Water source
See Remarks
Parcel number
247081021

Directions

Major cross streets Iowa Ave and Center St

Listing Courtesy: Keller Williams San Diego Metro - 951-642-8056

Presented by: Kim Conway

Based on information from California Regional Multiple Listing Service, Inc. as of 2024-12-05 and/or other sources. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.

Licensed in the state of California.

Connect with a Local Real Estate Expert

  • Krissy Allen

    Sales Representative

    EXIT Alliance Realty

  • Sonya Sanders

    Sales Representative

    EXIT Alliance Realty

  • Cindee Choi

    Sales Representative

    EXIT Alliance Realty

  • Ryann Smith

    Sales Representative

    EXIT Alliance Realty