451 Iowa Ave - Convenience Store FOR SALE


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

NEW


451 Iowa Ave
Riverside, CA 92507
Highgrove


OVERVIEW

Excellent opportunity to own a freestanding commercial building on a corner lot in Riverside, currently configured as a salon. The approximately 1,200 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

$415 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Convenience Store

ADD'L SUBTYPES

Freestanding, 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

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

Kara BirkenstockCompass CommercialMore Info
310-600-3544

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