$1,999,999
For Sale

405 Iowa Avenue

Riverside, CA 92507
0.34 acres | #SW24241504
Listing OfficeKeller Williams, The Lakes
Browse 11 photos
Type:Purchase
Structure:Retail
Zone:Commercial

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.

  • Property Details
      • Lot DescriptionZeroToOneUnitAcre
      • Original List Price$1,999,999
      • MLS #SW24241504
      • MLS #SW24241504
      • CountyRiverside
      • Property TypePurchase
      • Cost1999999
      • Utility SourcePublic
      • Property SubtypeRetail
      • Acres0.34
      • Year Built1960
      • Stories1

Location

Cristina Arneson-CabreraReal Estate Group
$
years

Down Payment

$
%
10.0%

Interest Rate

%
6.0%

Tax Rate

%
2.6%
$
$
annually
$
monthly

Note: The results shown are estimates only and do not include all factors. Speak with a licensed agent or loan provider for exact details. This tool is sourced from CloseHack.

Estimated Monthly Payment
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Loan Amount
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