About 405 Iowa Avenue
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.
Features of 405 Iowa Avenue
| MLS® # | SW24241504 |
|---|---|
| Price | $1,999,999 |
| Bathrooms | 0.00 |
| Lot Size | 14,810 |
| Year Built | 1960 |
| Type | Commercial Sale |
| Sub-Type | Retail |
| Status | Active |
Community Information
| Address | 405 Iowa Avenue |
|---|---|
| Area | 252 - Riverside |
| City | Riverside |
| County | Riverside |
| Zip Code | 92507 |
Amenities
| Parking Spaces | 20 |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Has Basement | No |
|---|---|
| Fireplace | No |
| # of Stories | 1 |
Exterior
| Lot Description | ZeroToOneUnitAcre |
|---|
Additional Information
| Date Listed | December 5th, 2024 |
|---|---|
| Days on Market | 432 |
| Zoning | CP |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Kim Conway |
|---|---|
| Office | Keller Williams San Diego Metro |