451 Iowa Ave - Freestanding FOR SALE


Riverside, CA 92507- Highgrove
$499,000 USD
310-600-3544
451 Iowa Ave, Riverside, CA for Sale
$499,000 USD
Freestanding - FOR SALE
1/19
null | Request Cap Rate

451 Iowa Ave
Riverside, CA 92507
Highgrove


HIGHLIGHTS

  • 1,345 SF Freestanding Building/Corner Lot
  • CPS Zoning
  • Delivered Vacant at Close of Escrow
  • Existing Salon Furnishings, Fixtures, and Equipment included
  • Private Parking Lot with 7 Spaces (ADA + EV)
  • Investment & Use Potential: Salon or Barber shop, Beauty or Wellness Business, Professional services

OVERVIEW

Excellent opportunity to own a freestanding commercial building on a corner lot in Riverside, currently configured as a salon. The approximately 1,345 SF property will be delivered vacant at close of escrow and includes existing salon furnishings, fixtures, and equipment, offering a turnkey opportunity for salon, barber, beauty, wellness, or other service-based businesses. Recent improvements include new electrical wiring, a new water heater, two split AC units, and new porcelain tile flooring throughout. The property also features a private parking lot with seven parking spaces, including one ADA-accessible space and two EV charging stations. Ideally situated in a high-traffic area, this central location offers excellent visibility and accessibility, just minutes from Downtown Riverside and UC Riverside. Avoid the time and expense of a full buildout and customize the space to suit your needs. With CPS zoning, strong street presence, and potential for a variety of business uses, this property presents an exceptional opportunity for an owner-user or investor. Buyer to verify all permitted uses with the City.

FOR SALE DETAILS

PRICE

$499,000 USD

PRICE/SF

$371 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Storefront, Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1965

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

CROSS STREETS

Villa St.

LAND ACRES

0.09 AC

LAND SF

3,920 SF

ZONING

CP

APN/PARCEL ID

247-082-001

ASK ABOUT THIS PROPERTY

Kara BirkenstockCompass CommercialMore Info
310-600-3544

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Kara BirkenstockCompass CommercialMore Info
310-600-3544

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