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.
| MLS # | SW24241504 |
|---|---|
| Listing Type | For Sale |
| Style | Retail |
| Sub-Type | Resale |
| Status | Active |
| Year | 1960 |
| Days On Site | 644 |
| Listing Provided By | Keller Williams San Diego Metro | Kim Conway |
| SQ Feet | 4,045 |
|---|---|
| Story(s) | 1 |
| Building(s) | 1 |
| Zoning | CP |
| Acreage | 0.34 |
| Lot Features | Zero To One Unit Acre |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
![]() | $1,650,000407 Iowa AvenueRiverside, CA 92507 |