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Listed by Kim Conway • Keller Williams, The Lakes
$ 1,999,999
Est. payment /mo
Active
405 Iowa Avenue Riverside, CA 92507
4,045 SqFt
UPDATED:
12/08/2024 12:59 AM
Key Details
Property Type Commercial
Sub Type Retail
Listing Status Active
Purchase Type For Sale
Square Footage 4,045 sqft
Price per Sqft $494
MLS Listing ID CRSW24241504
HOA Y/N No
Originating Board Datashare California Regional
Year Built 1960
Lot Size 0.340 Acres
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.
Location
State CA
County Riverside
Interior
Heating None
Fireplace No
Building
Water Public
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