For Sale
$999,000

250 Iowa Ave Riverside, CA 92507

Huge lot, versatile building, value-add opportunity.

Overview

Added:
Dec 11, 2024
Days on market:
134
This exceptional Riverside, CA property presents a compelling value-add investment opportunity. The 2,151 square foot building, constructed in 1960, sits on a substantial 14,810 square foot lot comprised of two parcels (APN 247-042-018, 247-042-019), offering ample space and potential. The property boasts a highly visible location on a main thoroughfare, providing excellent exposure. The building features an open floor plan, perfect for customization to suit a variety of commercial uses, including retail, office, service-based businesses, or storage. Zoned CPS (scenic highway commercial) by Riverside County, the property's versatility is further enhanced by its adaptability to numerous commercial applications. Currently vacant with an occupancy date of November 18, 2024, this property is being offered as-is. Cash offers are preferred, but the owner may consider financing with a substantial down payment. The property's size and location make it an ideal canvas for a new owner to create a thriving business. This is a rare opportunity to acquire a significant property in a prime Riverside location.

Highlights

  • 2,151 SF building on a 14,810 SF lot comprised of two parcels (APN 247-042-018, 247-042-019).
  • High-visibility location on a main thoroughfare in Riverside, CA.
  • Open floor plan suitable for various commercial uses (retail, office, service, storage).
  • CPS (scenic highway commercial) zoning.
  • Currently vacant, available November 18, 2024; As-is sale; Cash offers preferred.

Property Details for 250 Iowa Ave

Property type
Warehouses, Retail properties
Square Feet
2,151 SF
Year Built
1960
Buildings
1
Stories
1

Location Insight

City
Riverside
County
Riverside
State
California
Latitude
34.0163035
Longitude
-117.3395586

FAQs

What type of property is this?
Warehouse - Huge lot, versatile building, value-add opportunity.
Where is the warehouse located?
The property is located at 250 Iowa Ave Riverside, CA.
What is the asking price?
The asking price for this property is $999,000.
What are key features of this property?
This property features: 2,151 SF building on a 14,810 SF lot comprised of two parcels (APN 247-042-018, 247-042-019).; High-visibility location on a main thoroughfare in Riverside, CA.; Open floor plan suitable for various commercial uses (retail, office, service, storage).
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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250 Iowa Ave
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