Retail Strip Center Investment
For Sale
$1,999,999
405 Iowa Avenue, Riverside, CA 92507
Freestanding, fully leased retail strip center near I-215.
Property Size4,045 SF
Lot Size0.34 Acres
Price / SF$494.44
Days on Market612
Property Features for 405 Iowa Avenue
General Information
Standard status
Active
Size
4,045 SF
Lot size
0.34 Acres
Property subtype
Commercial
Building Details
Year Built
1960
Listing Agency:
KELLER WILLIAMS SAN DIEGO METRO
(619) 233-5935
Listed By:
KIM CONWAY · License #02004022
Source:
Corcoran
Added: Dec 8, 2024
Changed: Aug 8
Last Checked: Aug 8 at 5:55AM
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 freestanding, single-story retail strip center. It 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 less than half a mile from I-215, less than 5 minutes from downtown Riverside, and 23 minutes from Ontario International Airport. The property is located in the East Inland Empire submarket and is zoned CP, supporting a variety of retail uses. The building has a property size of 4045 square feet.
Key Highlights
- Fully leased retail strip center providing immediate monthly income and stable return.
- Excellent accessibility: less than half a mile from I‑215, near downtown Riverside, and within reasonable distance of Ontario International Airport.
- Zoned CP, supporting a variety of retail uses.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
35k
Monthly Visits Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Strip mall - Freestanding, fully leased retail strip center near I-215.
Where is this strip mall located?
The property is located at 405 Iowa Avenue 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: Fully leased retail strip center providing immediate monthly income and stable return.; Excellent accessibility: less than half a mile from I‑215, near downtown Riverside, and within reasonable distance of Ontario International Airport.; Zoned CP, supporting a variety of retail uses.
