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Freestanding Retail Strip Center
For Sale
$1,999,999

405 Iowa Ave, Riverside, CA 92507

Freestanding retail strip center in Riverside, fully leased.

Property Size4,045 SF
Lot Size0.34 Acres
Days on Market257

Property Features for 405 Iowa Ave

General Information

Standard status Active
Size 4,045 SF
Lot size 0.34 Acres
Property subtype Commercial

Building Details

Building Size 4,045 SF
Year Built 1960
Listing Agency: Keller Williams San Diego Metro
Listed By: Kim Conway · License #02004022
Source: Elliman
Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 8 at 5:43AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams San Diego Metro

Investment Insights

Based on property information with market context.

The property at 405 Iowa Ave in Riverside is a single-story retail strip center. The building features three fully leased retail units, generating monthly income. Situated on a 0.34-acre lot, the property includes 20 surface parking spaces. It is located in the East Inland Empire submarket and zoned CP, supporting a variety of retail uses. The property is less than half a mile from I-215, less than 5 minutes from downtown Riverside, and 23 minutes from Ontario International Airport.

Key Highlights

  • Freestanding retail strip center with three fully leased units providing monthly income and stable return
  • Excellent accessibility: Less than half a mile from I‑215, less than 5 minutes from downtown Riverside
  • Zoned CP, supporting a variety of retail uses

Property Analytics

Current Use

Royal Haze Smoke ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Real Estate Agency Hair Salon Law Firm Nail Salon Parking Lot & Garage Pharmacy

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

461
Businesses Nearby
35k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 91% Dining 7% Home Improvements & Furnishings 1%
Chevron Shops & Services
11,292 visits/mo 0.1 miles
76 Shops & Services
5,692 visits/mo 0.1 miles
ExtraMile Shops & Services
4,887 visits/mo 0.1 miles
Shell Shops & Services
4,190 visits/mo 0.2 miles
Marathon Shops & Services
3,086 visits/mo 0.1 miles

Demographics for 92507, CA

63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value

Market

Vacancy Rate% for Retail in West region

7% 2020
6.3% 2021
5.5% 2022
5.3% 2023
5.5% 2024
5.8% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Strip mall - Freestanding retail strip center in Riverside, fully leased.
Where is this strip mall located?
The property is located at 405 Iowa Ave Riverside, CA.
What is the asking price?
The asking price for this property is $1,999,999.
What are key features of this property?
This property features: Freestanding retail strip center with three fully leased units providing monthly income and stable return; Excellent accessibility: Less than half a mile from I‑215, less than 5 minutes from downtown Riverside; Zoned CP, supporting a variety of retail uses
More about this property
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