250 Iowa Ave, Riverside, CA 92507
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250 Iowa Ave Riverside, CA 92507

$1,200,000
  • -- Beds
  • -- Baths
  • 2,151 Sq.Ft.
For Sale
$1,200,000 Get Pre-Qualified

Map preview of 250 Iowa Ave, Riverside, CA 92507

Property Overview: 250 Iowa Ave Riverside, CA has -- bedrooms, -- bathrooms, 2,151 living square feet and 14,810 square feet lot size. Call an Ardent Real Estate Group agent to verify current availability of this home or with any questions you may have.

Agent Remarks: Prime Investment Opportunity! Significant Price Improvement on this high visibility property. Situated on a bustling, well-traveled street. This commercial gem offers unmatched accessibility and exposure. Ideal for maximizing your business success. endless Potential: Zoned C-P-S, this versatile property is primed for multiple commercial uses, making it a perfect fit for a variety of business ventures. Whether you're looking to establish a retail storefront, office space, or service business, the opportunities here are limitless. Investment Highlights: - Spacious Lot: generous lot size with ample parking and a covered carport in the back, accommodating the needs of both staff and customers. - Secure and Accessible: features secure front and back entrances with security gates, providing peace of mind for your business operations. - Sold As-Is: A rare chance to acquire a property in its present condition, allowing for customization and improvements tailored to your specific needs. Seize the chance to invest in a prime Riverside location with robust traffic flow and significant growth potential. Contact me today to explore how this property can be the cornerstone of your next successful venture!

Listed by Irma Martinez | BRE #02068988 | Home Heights Realty
Last checked: 4 minutes ago | Last updated: September 18th, 2024 | Source CRMLS | DOM: 43

Home details

Lot Sq. Ft
14,810
HOA Dues
$0/mo
Year built
1960
Garage
--
Property Type:
Mixed Use
Status
Active
MLS#
CV24149329
City
Riverside
County
Riverside
Time on Site
60 days
Property Unit Breakdown
Unit Mix Summary
  • Total # of Units: --
  • Total # of Buildings: 1
  • # of Leased Units: 0
Property Income/Expense Information
Property Income and Analysis
  • Gross Rent Multiplier: --
  • Gross Scheduled Income: --
  • Net Operating Income: --
  • Gross Operating Income: --
Annual Expense Breakdown
  • Total Operating Expense: --

Open Houses for 250 Iowa Ave

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Property Details for 250 Iowa Ave

Interior Features
Cooling Information
  • No Cooling
  • None
Heating Information
  • No Heating
  • None
Laundry Information
  • None
Lot Details / Garage and Parking
Lot Information
  • Lot Features: 0-1 Unit/Acre
  • Lot Size Source: Assessor
  • Common Interest: None
Property Information
  • Parcel Number: 247042018
  • Entry Level: 1
Homeowners Association, Utilities, Taxes / Assessments
Utilities Information
  • Water Source: Public
  • Utilities: Electricity Available, Sewer Connected, Water Available
Location / Neighborhood
Location Information
  • Directions: Just off the 215, exit Center
View more facts & features

Local Riverside Agent

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Sale History for 250 Iowa Ave

Last sold for $655,000 on December 14th, 2017
  • August, 2024

  • Aug 7, 2024

    Date

    Active

    CRMLS: CV24149329

    $1,350,000

    Price

  • May, 2020

  • May 7, 2020

    Date

    Expired

    CRMLS: CV19235083

    $749,000

    Price

  • May 5, 2020

    Date

    Withdrawn

    CRMLS: CV19235083

    $749,000

    Price

  • Apr 9, 2020

    Date

    Price Change

    CRMLS: CV19235083

    $749,000

    Price

  • Jan 11, 2020

    Date

    Price Change

    CRMLS: CV19235083

    $799,000

    Price

  • Nov 7, 2019

    Date

    Active

    CRMLS: CV19235083

    $899,000

    Price

  • Listing provided courtesy of CRMLS

    $100,000 PRICE DROP!!! ***FREESTANDING 3,400 SQUARE FOOT GENERAL COMMERCIAL BUILDING on TWO PARCELS!!!*** Versatile Commercial/Mix Use/Retail or General Use Opportunity! Property in Prime Locale of HighGrove District, City of Riverside. Situated in Approved Commercial Cannabis Zoning! Great Visibility & Perfect for Advertising! Right off The 215 Fwy, Minutes From The 10, 60, & 91 Freeways. This is Where You START OR EXPAND YOUR BUSINESS!! Located 3.5 miles North of UNIVERSITY OF CALIFORNIA RIVERSIDE, paving the way for REAL UPSIDE. Commercial Activity TRENDING UP....Be The Next To INVEST IN THIS UP & COMING HIGHGROVE DISTRICT!!

  • December, 2017

  • Dec 15, 2017

    Date

    Sold

    CRMLS: SR17162550

    $655,000

    Price

  • Sep 24, 2017

    Date

    Active Under Contract

    CRMLS: SR17162550

    $569,000

    Price

  • Jul 17, 2017

    Date

    Active

    CRMLS: SR17162550

    $569,000

    Price

  • Listing provided courtesy of CRMLS

    Rare street front retail store and warehouse with great line of site on a busy commercial corridor in a great infill neighborhood. Access to freeways is easy from this property. There is a driveway that allows for a drive-in of pickups and small trucks to enter the warehouse for loading and unloading. This is a great property for a retail operation in front and a warehouse in rear. There is a planned development of a gas station/convenience store contiguous to this property on the corner of Center and Iowa streets. The area shows growth and vitality. This property excludes APN 247-042-019. APN 247-042-019 is priced at $69,000, for an additional square feet of land and canopies 6,098'. The total approximate lot size based on assessor's roll is 14,810. This is to be verified by buyer. Seller, seller's broker nor agents do not make any warranties expressed or implied as to the information provided, the size or dimensions of the property or buildings.

  • December, 2017

  • Dec 12, 2017

    Date

    Sold (Public Records)

    Public Records

    $655,000

    Price

  • December, 2015

  • Dec 24, 2015

    Date

    Sold (Public Records)

    Public Records

    $179,500

    Price

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Tax History for 250 Iowa Ave

Assessed Value (2020): $451,533
Year Land Value Improved Value Assessed Value
2020 $226,807 $224,726 $451,533

Home Value Compared to the Market

This property vs the competition

250 Iowa Ave is listed 73.91% higher than the median list price for the city of Riverside which has a median list price of $690,000. The median price per/sqft for Riverside is $373 and this home is listed at $557.88 per/sqft which puts the price per square foot 49.57% higher than the median price per square foot for the city of Riverside.

About 250 Iowa Ave

Detailed summary of property

250 Iowa Ave is a mixed use located in Riverside, CA 92507 and is currently for sale. This mixed use property offers -- bedrooms, -- bathrooms, roughly 2,151 living square feet, and sits on an approximately 14,810 square foot lot. 250 Iowa Ave was first listed on ArdentRealEstateGroup.com on July 20, 2024. The homeowner is currently asking $1,200,000 and was originally asking $1,350,000. The median priced home in Riverside is $690,000 with a median price per square foot of $373. Based on Ardent Real Estate Group's Riverside Market Data, this home is listed 73.91% higher than the median priced home. Local competing homes currently for sale include 604 W 40th St, 16397 Cajon Blvd and 9213 Archibald Ave. While the average home in Riverside, CA is selling in 53 days, 250 Iowa Ave has a days on market of 43 days. There are currently 791 homes for sale in the Riverside real estate market and 727 of them are single family homes while 55 of them are condos and 9 are townhomes. For more information on this home for sale at 250 Iowa Ave Riverside, CA 92507 contact Ardent Real Estate Group and we will put you in touch with one of our Riverside agents.

Public Facts for 250 Iowa Ave

Public county record property details
Beds
--
Baths
--
Year built
1960
Sq. Ft.
--
Lot Size
8,712
Stories
1
Type
Commercial (General)
Pool
No
Spa
No
County
Riverside
Lot#
46
APN
247-042-018

The source for these homes facts are from public records.

92507 Real Estate Sale History (Last 30 days)

Last 30 days of sale history and trends
Median List Price
$658,000
Median List Price/Sq.Ft.
$359
Median Sold Price
$656,089
Median Sold Price/Sq.Ft.
$373
Total Inventory
158
Median Sale to List Price %
100.95%
Avg Days on Market
34
Loan Type
Conventional (62.07%), FHA (13.79%), VA (0%), Cash (6.9%), Other (17.24%)

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Based on information from California Regional Multiple Listing Service, Inc. as of 2019. 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.