451 Iowa Avenue, Riverside, CA 92507
Riverside County
Key Facts
Description
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.
Property Information
Property Type
Commercial Sale
Year Built
1962
Stories
1
Living Area
1,345 sq ft
Lot Size
0.09 acres
Parking Spaces
7
Zoning
C-P-S
Days on Market
7
MLS® Listing#
26846039
Property Features
Lot Features
Financial Details
Parcel Number
247082001
Directions
Corner of Iowa Ave and Villa St
Affordability Calculator
$99,800
Estimated monthly payment
$2,656/mo
Principal $399,200 · Est. interest $556,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in Riverside, CA
- $756,021
- Median Listing Price
- 45
- Median Days on Market
- 2,154
- Median Sq Ft
- $372
- Median Price / Sq Ft
- 540
- Active Listings
- This home’s price is 34% below the area median.
- Its price per sq ft is right around the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in Riverside, CA.
Location
Points of Interest in Riverside, CA
Showing the Riverside area map.
Nearby Schools
Grand Terrace High School
Secondary · 0.8 mi away
Colton Joint Unified School District
School · 0.8 mi away
Highgrove Elementary
Elementary · 0.8 mi away
Fremont Elementary School
Elementary · 1.7 mi away
University Heights Middle School
Secondary School · 1.8 mi away
Individual Schools Elementary School
Elementary · 1.8 mi away
Terrace Hills Middle
Secondary · 2.0 mi away
Riverside Student Center - Springs Charter Schools
Elementary · 2.0 mi away
Patricia Beatty Elementary
Elementary · 2.0 mi away
Highland Elementary School
Elementary · 2.1 mi away
John W North High School
Secondary · 2.1 mi away
The Fab School
School · 2.3 mi away
Riverside Garden School
School · 2.3 mi away
Icr Weekend School
School · 2.4 mi away
Socal Supermoto
School · 2.5 mi away
Longfellow Elementary
Elementary · 2.7 mi away
Church of Jesus Christ of Latter Day Saints
School · 2.7 mi away
Terrace View Elementary School
Elementary · 2.7 mi away
Bryant Elementary School
Elementary · 2.7 mi away
Christian Center Academy
School · 2.7 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 0 Jackson Street, Riverside, CA | $350,000 | — | — | — |
| 1159 Iowa, Riverside, CA | $350,000 | — | — | — |
| 2891 Canyon Crest 15, Riverside, CA | $350,000 | 2 | 2 | 900 |
| 1000 Central 19, Riverside, CA | $359,999 | 2 | 2 | 965 |
| 1110 W Blaine 107, Riverside, CA | $360,000 | 2 | 2 | 840 |
| 1110 W Blaine Street 102, Riverside, CA | $365,000 | 2 | 2 | 840 |
Moving Cost Estimate
EXIT Agents in Riverside
Listing Courtesy: Compass - 3106526285
Presented by: Kara Birkenstock and Richard Alderman
Licensed in the state of California.