3355-3375 Iowa Ave Riverside, CA 92507
- Neighborhood centers
- 35,660 SF
- 2.12 lot acres
Current Use by Public Records
- Neighborhood centers
Property Details for 3355-3375 Iowa Ave
- Year built
- 1986
- Lot size
- 2.12 lot acres
- Property size
- 35,660 SF
- Property type
- Neighborhood centers
- Property subtype
- Retail properties
Description
University Heights Shopping Center, a Class C retail strip center in Riverside, CA, presents an exceptional investment opportunity. This 35,660 square foot property, built in 1986, sits on 2.12 acres of land (APN 250-150-009) and boasts 140 parking spaces. The center is conveniently located at 3355-3375 Iowa Avenue, Riverside, CA 92507, offering excellent visibility with Iowa Avenue frontage and potential freeway signage. Its strategic location near UC Riverside ensures high foot traffic and a strong customer base within a thriving residential community. Immediate access to I-215 freeway provides unparalleled convenience. Currently, there are two available suites: a 2,400 square foot space (formerly a gym) and an 1,100 square foot space (formerly a Metro PCS store). The minimum divisible space is 1,100 square feet, with a maximum contiguous space of 2,400 square feet. A total of 3,500 square feet is currently vacant. The property is zoned CR and has a building floor area ratio of 0.3. This is a rare chance to establish or expand your business in a high-demand area with strong demographics. The property offers significant potential for growth and return on investment.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Riverside
- County
- Riverside
- State
- California
- Longitude
- -117.34
- Latitude
- 33.9818
