255 Iowa Avenue Riverside, CA ^$ 349,990

255 Iowa Avenue

^$ 349,990

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255 Iowa Avenue

Riverside, CA, 92507

^$ 349,990

Studio Baths0.0 Sq 1,000

Monthly Estimate*

^$ 2,326

Listed by COMPASS

255 Iowa Avenue, Riverside, CA 92507 - Image 1

255 Iowa Avenue, Riverside, CA 92507 - Image 2

255 Iowa Avenue, Riverside, CA 92507 - Image 3

255 Iowa Avenue, Riverside, CA 92507 - Image 4

Studio

Commercial Property for sale in Riverside, CA

for $349,990. This 1,000 square foot building was built on a lot size of 0.21.

Introducing an exceptional investment opportunity in Riverside, CA! This 9147 square foot lot, currently with a residential single-family home, is zoned for commercial use, offering endless potential for various business ventures. Conveniently located just off the Center St exit of the 215 interstate highway, this flat lot boasts high visibility and easy access, making it an ideal location for commercial development. With utility services already in place, this property is primed for your entrepreneurial vision. Embrace the potential of this well-situated land and bring your business dreams to life in the thriving Riverside community.

Commercial Active

Price

^$ 349,990

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

MixedUse

Lot Size

0.21

Town/City

Riverside

County/Region

Riverside

MLS | Web ID

IV23229859

Days on Market

153

Features

General

Utilities ElectricityConnected NaturalGasConnected SewerConnected

Zoning C-P-S

Property SubType MixedUse

County Riverside

New Construction N

Property Type CommercialSale

HOA / Comm Assn N

Attached Garage N

Contingency 7 day contingency to investigate eviction matters and building permit

Garage Y/N N

Special Listing Conditions Standard Trust

Status ActiveUnderContract

Directions Heading Northbound on the I-215 exit Center St fork right and at Iowa make a Left.

City Riverside

View Y/N N

Senior Community Y/N N

MLS Area 252 - Riverside

Lot Size Square Feet 9148.0

Private Pool N

Waterfront Y/N N

Carport Y/N N

Street Name Iowa

Listing Terms Item1031Exchange

Property Attached Y/N N

Land Lease Y/N N

Home Warranty Y/N N

Current Financing None

Lease Renewal Y/N N

Additional Parcels Y/N N

Lease Considered Y/N N

Rent Control Y/N N

Days on Market 144

Building Area Units SquareFeet

Standard Status ActiveUnderContract

Occupancy Type Tenant

Property Sub Type Additional MixedUse

Exterior

Lot Features Item01UnitAcre Level RectangularLot StreetLevel ValueInLand

Water Source Public

Lot Size Area 9148.0

Number of Buildings 1

Spa N

Building Area Total 1000.0

Lot Dimensions 9147 sf

Lot Size Acres 0.21

Lot Size Units SquareFeet

Lot Size Source Assessor

Crops Included Y/N N

Open Parking Y/N N

Horse Y/N N

Irrigation Water Rights Y/N N

Interior

Total Stories 1

Basement (Y/N) N

Air Conditioning Y/N N

Heating Y/N N

Fireplace Y/N N

Street Suffix Avenue

Laundry Features None

Entry Level 0

Electric On Property Y/N N

Internal Only

Street Number 1 255

* Excluded Features

List By

Compass

Broker

(323) 593-6999

Phone

Affordability Calculator

$2,326

Per Month

Monthly Principal & Interest: $2,326
Monthly Property Taxes: --
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Riverside, CA

Average List Price ^$1,648,068

Percent of Sale Price 371%

About Riverside, CA

322,488 Population

25% Since 2002

^$60,101 Median Income

32.82 Median Age

35% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

273443 Elementary School

272636 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/26/2023	$349,990		Listed Price

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255 Iowa Avenue, Riverside, CA, 92507 is a Commercial Property for sale at $349,990 with 1,000 sqft and a lot size of 0.21. 255 Iowa Avenue is a studio with 0.0 baths. The property's zip code is 92507 which is in Riverside, CA

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

Listing data provided courtesy of the Internet Data Exchange Program of the California Regional Multiple Listing Service, Inc..

Based on information from California Regional Multiple Listing Service, Inc. as of 5/27/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.

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255 Iowa Avenue

Commercial Property for sale in Riverside, CA

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