405 Iowa AVE Pending

Riverside,CA 92507

$ 1999999

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Retail

Listing Status Pending

Purchase Type For Sale

MLS Listing ID SW24241504

Year Built 1960

Lot Size 0.340 Acres

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.

Location

State CA

County Riverside

Area 252 - Riverside

Zoning CP

Interior

Laundry None

Building

Lot Description 0-1 Unit/Acre

Story 1

Water See Remarks

Others

Acceptable Financing 1031 Exchange,Submit

Listing Terms 1031 Exchange,Submit

Special Listing Condition Standard

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