405 Iowa Avenue Riverside, CA $ 1,999,999
405 Iowa Avenue
$ 1,999,999
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405 Iowa Avenue

Riverside, CA, 92507
$ 1,999,999
Bedrooms-- Baths-- Sq 4,045

Monthly Estimate*

$ 12,477

Listed by Keller Williams San Diego Metro
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Commercial Property for sale in Riverside, CA

for $1,999,999. This 4,045 square foot building was built in 1960 on a lot size of 0.34.

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.

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Commercial Active

Price

$ 1,999,999

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

0.34

Year Built

1960

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

SW24241504

Days on Market

372

Features
General
Zoning CP
Year Built 1960
Property Subtype Retail
County Riverside
Property Type Commercial Sale
Special Listing Conditions Standard
Status Active
Directions Major cross streets Iowa Ave and Center St
City Riverside
MLS Area 252 - Riverside
Lot Size Units Square Feet
Lot Size Square Feet 14810
Number of Units Leased 3
Listing Terms 1031 Exchange Submit
Additional Parcels Y/N false
Building Area Units Square Feet
Standard Status Active
Occupancy Type Owner
Year Built Source Public Records
Property Sub Type Additional Retail
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Interior
Total Stories 1
Laundry Features None
Entry Level 1
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Exterior
Lot Features 0-1 Unit/Acre
Water Source See Remarks
Total Parking 20
Lot Size Area 14810
Number of Buildings 1
Building Area Total 4045
Lot Dimensions .34 ACRES
Lot Size Acres 0.34
Lot Size Source Assessor
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* Excluded Features
List By
Keller Williams San Diego Metro

Broker

kim@conway-cre.com

Email

Affordability Calculator

$12,477
Per Month
100%
0%
0%
Monthly Principal & Interest
$12,477
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
11/28/2025$1,999,999 Listed Price

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405 Iowa Avenue, Riverside, CA, 92507 is a Commercial Property for sale at $1,999,999 with 4,045 sqft and a lot size of 0.34. 405 Iowa Avenue was built in 1960. The property's zip code is 92507 which is in Riverside, CA