$4,000,000
( $803.54Per Sq Foot )
 $21,473 est/mo Sourced by Back At You

3767 Iowa Avenue , Riverside, CA 92507

Riverside, CA 92507

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Description

Prime Restaurant Building for Sale! This is an excellent opportunity to own a highly desirable property in a prime location in Riverside, CA, just minutes from UC Riverside. Currently leased to an operating restaurant, this property offers great potential for future growth in a rapidly developing area. Why Invest in This Property? Strategic Location - Situated in a high-density area with a strong student and residential population, ensuring continuous demand for dining and services. High-Growth Area - Located within a designated redevelopment zone, with infrastructure improvements aimed at increasing foot traffic and enhancing business visibility. Opportunity for Increased Value - As the area continues to grow and develop, the property has strong potential for increased value, providing an excellent long-term investment opportunity. This property offers investors the chance to take advantage of Riverside’s ongoing growth, making it an attractive option for those looking to invest in a prime, high-potential commercial property.

Details

MLS#IG25021293
Listing TypeFor Sale
StyleSpecial Purpose
Sub-TypeResale
StatusActive
Year1963
Days On Site77
Listing Provided ByeXp Realty of Southern California 888-294-1415 | Ruben Hernandez

Features

SQ Feet4,978
Story(s)1
Acreage0.60

Market Activity 92507

MLS Internet Data Exchange (IDX) information is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the California Regional MLS.

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Learn More About This Property

StateCA
CountyRiverside
CityRiverside
Zip Code92507
Area252 Riverside
Listing VS Median (In 92507)
Price:
$4,000,000
low | high
Med:
$559,500
100% of Average
SqFt:
4,978
low | high
Med:
1,261
100% of Average
$ / SqFt:
$804
low | high
Med:
$457
93.151780868385% of Average
On site:
77
low | high
Med:
27.000000
100% of Average
Sourced by Back At You
Listing Updated: February 7, 2025 at 2:30:40 PM PST