11
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$1,999,999
Est. payment /mo
0.34 Acres Lot
Pending
405 Iowa AVE Riverside, CA 92507
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UPDATED:
02/14/2025 12:55 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Pending
Purchase Type For Sale
MLS Listing ID SW24241504
HOA Y/N No
Year Built 1960
Lot Size 0.340 Acres
Lot Dimensions Public Records
Property Sub-Type Retail
Property 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.
highly accessible property is an ideal addition to any investment portfolio.
Location
State CA
County Riverside
Area 252 - Riverside
Zoning CP
Interior
Fireplace No
Laundry None
Exterior
Total Parking Spaces 20
Building
Lot Description 0-1 Unit/Acre
Story 1
Water See Remarks
Others
Tax ID 247081021
Acceptable Financing 1031 Exchange, Submit
Listing Terms 1031 Exchange, Submit
Special Listing Condition Standard
Listed by Kim Conway • Keller Williams, The Lakes • 951-642-8056