Listed by KW San Diego Metro, Pacific Coast Commercial
$1,999,999
Income Generating Retail Building for Sale - 405 Iowa Ave
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 3,805
NOI $120,000
Occupancy 100%
Tenancy Multi
Lease Type NNN
Broker Co-Op Yes
Year Built 1960
Year Renovated 2022
Buildings 1
Stories 1
Acreage 0.340
Zoning CP
Parking Spaces 20 spaces
Parking Per SqFt 5.26
Investment Type Stabilized
Income Generating Retail Building for Sale - Fully Leased
Marketing description
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
$10,000 in monthly income, offering a reliable and stable return for investors.
Situated on a 0.34-acre lot, the property includes 20 surface parking spaces and is zoned CP,
allowing for a variety of retail uses. Conveniently located less than half a mile from I-215, this
highly accessible property is an ideal addition to any investment portfolio.
Listing Contacts
Listed by KW San Diego Metro, Pacific Coast Commercial
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$120,000.00
$10,000.00/mo
Valuation Metrics
0
DSCR
6%
Cap Rate
6%
ROI
Map
Zoning
C-P-S CommercialSpecial CommercialScenic Highway Commercial
View municipality zoning documents Upgrade to see the zone description and what's allowed on this property
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View all 132 uses
View all 132 uses Last updated May 14, 2026 For deeper zoning details, reports are available at Zoneomics
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