$1,999,999
FOR SALEActive405 Iowa Avenue
Riverside CA 92507
4,045
SF
Retail
Type
1960
Built
$494/SF
Cost/SF
Listing Agent
Location Analysis
About This Property
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.
Property Information
Property Overview
Commercial - Retail
Property Type
Active
Status
CP
Zoning
0.34 acres
Lot Size
4,045 SF
Square Footage
$494.44/SF
Price per SF
1,960
Year Built
1
Stories
20
Parking Total
4.94
Parking Ratio
Property Highlights
N/A Property
Prime Location with High Visibility
Location Analysis
Building Details
Zoning & Use
Parking & Access
Utilities & Systems
Investment Metrics
Data not available.
Similar Commercial Properties
$220K134d
988 SF•MixedUse257 Highland Ave.Riverside, CARealty Masters & Associates | DRE# 02043630$4.5M116d
SF N/A•Land12667 Michigan StreetGrand Terrace, CAAEGIS PROPERTIES INC | DRE# 02062568$5.8M161d
16,700 SF•Industrial2700 Security AvenueColton, CACERTIFIED PROPERTIES | DRE# 00400334$3.0M4d
2,616 SF•Industrial11585 BostickColton, CACOLDWELL BANKER REALTY | DRE# 01825843$4.0M262d
SF N/A•UnimprovedLand1880 Brown AveRiverside, CAKW Commercial Inland Empire | DRE# 01836872$1.3M137d
3,828 SF•MixedUse11385 Cedar AvenueBloomington, CAeXp Realty of Southern California Inc | DRE# 01822677$10.0M1192d
2,275 SF•Agriculture11273 Alder AvenueBloomington, CARE/MAX TIME REALTY | DRE# 01837411$1.2M15d
3,664 SF•Office6281 BrocktonRiverside, CARE/MAX FREEDOM | DRE# 01999456$829K88d
1,500 SF•Retail6461 BrocktonRiverside, CACoast Realty Solutions, Inc. | DRE# 01415690$360K190d
1,200 SF•Retail6682 Magnolia AvenueRiverside, CAColdwell Banker Realty | DRE# 02059145$1.2M150d
21,780 SF•UnimprovedLand6666 IndianaRiverside, CAREALTY ONE GROUP HOMELINK | DRE# 02340634$3.3M11d
11,192 SF•MixedUse1292 W MillSan Bernardino, CAPeninsula Realty, Inc. | DRE# 00756930$920K32d
1,720 SF•MixedUse21665 Box Springs RoadMoreno Valley, CAThe Real Estate Firm | DRE# 01714090$1.4M127d
1,125 SF•Retail430 S RiversideRialto, CAMGR REAL ESTATE, INC. | DRE# 01755491$499K23d
SF N/A•Land359 S RiversideRialto, CARe/Max Time Realty | DRE# 01971883$945K247d
5,076 SF•Industrial760 W MillSan Bernardino, CAKW Commercial Inland Empire | DRE# 01836872$693K248d
SF N/A•Land0 S G StreetSan Bernardino, CARe/Max Time Realty | DRE# 01971883$1.4M423d
SF N/A•UnimprovedLand776 S. Lugo Ave.San Bernardino, CAKW Commercial Inland Empire | DRE# 01836872$3.3M269d
21,200 SF•MixedUse247 S RiversideRialto, CACALIFORNIA HOME SERVICES | DRE# 01739762$980K67d
3,290 SF•Industrial334 S Arrowhead AvenueSan Bernardino, CAWetrust Realty | DRE# 01344219$850K67d
3,290 SF•Industrial334 S Arrowhead AvenueSan Bernardino, CAWetrust Realty | DRE# 01344219$2.1M41d
4,330 SF•CommercialSale247 S E StreetSan Bernardino, CATrust and Estate Realty | DRE# 01456762$1.4M395d
6,231 SF•Industrial5959 RepublicRiverside, CAKW Commercial Inland Empire | DRE# 01836872$1.4M231d
4,500 SF•Retail8659 Sierra AveFontana, CAKELLER WILLIAMS REALTY | DRE# 01498790$2.9M200d
9,867 SF•Industrial6675 DoolittleRiverside, CAMGR REAL ESTATE, INC. | DRE# 01226387
Recent commercial sales in Riverside
Sold $675,000SOLD3,340 SF•Industrial6275 Columbus AvenueSold Oct 2026RE/MAX HORIZON | DRE #01257423Buyer's agent: THOMAS HARNESS, RE/MAX HORIZON | DRE #01257423
Sold $1,400,000SOLD5,000 SF•Mixed Use10611 Magnolia AvenueSold Sep 2026WESTCOE REALTORS INC | DRE #01452283Buyer's agent: John Germing, Meridian Capital Real Estate | DRE #01266270
Sold $540,000SOLD924 SF•Mixed Use9426 Indiana AvenueSold Sep 2026EMPIRE RE PROPERTIES | DRE #01394331Buyer's agent: Manuel Tario, Cal One Realty Corp. | DRE #01996974
Sold $970,000SOLD7,100 SF•Multi Family•6 units3848 LOCUSTSold Aug 2026CENTURY 21 Affiliated | DRE #01098754Buyer's agent: Prashant Sampat, Pacific Avenue Realty | DRE #01916221
Sold $990,000SOLD10,500 SF•Multi Family•8 units413 GLEN StreetSold Jun 2026CENTURY 21 Affiliated | DRE #01098754Buyer's agent: Veronica Navarro, Veronica Navarro, Broker | DRE #01273942
Sold $870,000SOLD3,060 SF•Retail3912 Merrill AvenueSold Jun 2026Cranbrook Realty Corp. | DRE #00997117Buyer's agent: General NONMEMBER, NONMEMBER MRML | DRE #01920658
Closed commercial sales reported, newest first.