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    123 S Riverside Ave Rialto, CA 92376

    For Sale
    $1,100,000

    Multi-tenant retail/office building in Downtown Rialto with value-add potential.

    Property size:
    4,500 SF

    Property Features for 123 S Riverside Ave

    General Information

    Size
    4,500 SF

    Building Details

    Year built
    1934

    Source: Lidia Talavera Agent Lidia Talavera

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Downtown Rialto Retail/Office Building

    Located at 123 S. Riverside Avenue, Rialto, CA 92376, this multi-tenant retail/office building presents an opportunity for acquisition. The property features a 4,500 square foot building on a 0.14-acre parcel in Downtown Rialto. Constructed in 1912, the building is divided into two units. The units are currently occupied by a boxing gym, occupying approximately 3,000 square feet, and a beauty salon, occupying approximately 1,500 square feet, both on month-to-month leases with below-market rents. This offers the potential to increase rental income through new lease structures or repositioning. The property is suitable as a value-add opportunity, a partial owner-user scenario with supplemental rental income, or a full owner-user acquisition. The location in Downtown Rialto provides street visibility, pedestrian traffic, and proximity to public and city parking. Convenient access to major thoroughfares enhances connectivity. The surrounding area offers a mix of retail, dining, and entertainment options, with nearby locations such as the Rialto Marketplace and Rialto Square. The property benefits from proximity to major transportation arteries, providing accessibility for retail businesses.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    ATR Boxing Gym SKIN GLO2 Facial Spa Warzone Boxing Club Boxing Gym

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Rialto
    County
    San Bernardino
    State
    California
    Longitude
    -117.3699189
    Latitude
    34.09961

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    FAQs

    What type of property is this?
    Retail space - Multi-tenant retail/office building in Downtown Rialto with value-add potential.
    Where is this retail space located?
    The property is located at 123 S Riverside Ave Rialto, CA.
    What is the asking price?
    The asking price for this property is $1,100,000.
    What are key features of this property?
    This property features: - Prime location in Downtown Rialto with excellent street visibility, pedestrian traffic, and proximity to public parking.; - Significant value-add opportunity through increasing rents from below-market levels or repositioning the property.; - Flexible investment options: value-add, partial owner-user with rental income, or full owner-user acquisition.
    (909) 762-5489
    Request Owner's contact information
    123 S Riverside Ave Rialto, CA 92376
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    Rialto, CA 92376
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    123 S Riverside Ave Rialto, CA 92376
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