437 N Riverside Ave - Loft/Creative Space FOR SALE


Rialto, CA 92376
$2,200,000 USD
909-709-9841
437 N Riverside Ave, Rialto, CA for Sale
$2,200,000 USD
Loft/Creative Space - FOR SALE
1/29
null | 6% Cap Rate

437 N Riverside Ave
Rialto, CA 92376


OVERVIEW

Located in the heart of downtown Rialto, this exceptional commercial office property offers a rare opportunity to own a fully restored and income-producing landmark along highly visible Riverside Avenue. Thoughtfully remodeled to revive the timeless Craftsman-style character of the original home that once stood here, this one-of-a-kind asset seamlessly blends historic charm with modern commercial functionality. Bonus opportunity: the sale includes the adjacent parking lot on a separate APN, creating a combined total of approximately 0.58 acres of prime commercial real estate. Ideally positioned between the Interstate 210 and Interstate 10 freeways, the location provides convenient access for tenants, clients, and customers alike. The two-level office building features approximately 6,510 square feet with 10 total office units and 4 bathrooms (2 on each level). Parking is a standout amenity with 19 gated on-site spaces plus an additional 14 spaces on the included adjacent lot, totaling 33 parking spaces. Extensively upgraded throughout, the property showcases wrought iron fencing, automatic security gate, prominent signage, built-in gutter systems, rooftop HVAC systems, dual-pane windows, decorative stone and masonry accents, mature landscaping, exterior lighting, and meticulous maintenance throughout. Every detail reflects true pride of ownership, quality craftsmanship, and thoughtful design. All 10 units are currently leased by 3 separate tenants, creating immediate income potential with an approximate 6% CAP rate and 2025 NOI of $131,348 annually, making this an attractive opportunity for investors seeking stable returns with long-term upside. Per owner, the building was also designed in a manner that may allow for future conversion to an apartment-style residential use, offering added flexibility and redevelopment potential for the next owner (buyer to verify all possibilities with the City of Rialto). Opportunities to acquire a signature property with character, parking, location, income, and future potential are rare—this is one you do not want to miss.

FOR SALE DETAILS

PRICE

$2,200,000 USD

PRICE/SF

$348 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Morgan Office Building

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Loft/Creative Space

TOTAL BUILDING SIZE

-

STORIES

2

BUILDING CLASS

B

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

33

LAND DETAILS

LAND ACRES

0.58 AC

LAND SF

25,265 SF

ZONING

R-3

APN/PARCEL ID

0127-601-29,0127-602-01

ASK ABOUT THIS PROPERTY

Brandon MihldRE/MAX AdvantageMore Info
909-709-9841

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Brandon MihldRE/MAX AdvantageMore Info
909-709-9841

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.