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405 Iowa Ave

$1,999,999

405 Iowa Avenue, Riverside, CA 92507

Active
Last Updated: 02/18/2025

3,805 sqft

Building Size

0.34 acres

Lot Area

Details:
Building Size:    3,805 sqft
Lot Area:    0.34 acres
Units:    3
Year Built:    1960
Zoning:    CPS
Floors:    1
Parking Spots:    20
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 $10,000 in monthly income, offering a reliable and stable return for investors.

Situated on a 0.34-acre lot, the property includes 20 surface parking spaces and is zoned CP, allowing for a variety of retail uses. Conveniently located less than half a mile from I-215, this highly accessible property is an ideal addition to any investment portfolio.


Located at 405 Iowa Ave in Riverside, 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.



Prime Location: Situated at 405 Iowa Ave in Riverside, less than 0.5 miles from I-215.
Freestanding Retail Center: Single-story building with three fully leased retail units.
Reliable Income: Generates $10,000 monthly income ($120,000 annually).
Zoning: Zoned CP, allowing for a variety of retail uses.
Land and Parking: Sits on a 0.34-acre lot with 20 surface parking spaces.
Investment Opportunity: Stable and reliable returns, ideal for investors.

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