Pending

405 Iowa Avenue

Riverside CA, 92507

$1,999,999


$494.44 per sqft

Pending

4,045 sqft

Commercial

Built in 1960

Listed by Kim Conway with Keller Williams, The Lakes 951-642-8056

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.

SW24241504

MLS ID

December 7, 2024

Listed

January 14, 2025

Updated

Map

405 Iowa Avenue
Riverside CA, 92507

Interior Features

Total Stories

1


Laundry Description

None


Fireplace

No


Cooling

No


Heating

No


Heating Description

None

Exterior/Building Features

Lot Size

0.34 Acres


Lot Features

0-1 Unit/Acre

Other Property Details

Area Name

252 - Riverside


Days on Market

29


Garage

No


Parking Total

20


View

No


County

Riverside


Water Source

Public


Pool

No


Zoning

CP

Listing History

Date

Event

Price

1/6/2025

Pending

Listing Contact: 951-816-6565 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 1/14/2025. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2025 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 1/14/2025 at 2:28 AM UTC

 

Powered byLuxury Presence