The median home value in Riverside, CA is $640,000.
This is
higher than
the county median home value of $503,500.
The national median home value is $308,980.
The average price of homes sold in Riverside, CA is $640,000.
Approximately 53% of Riverside homes are owned,
compared to 41% rented, while
6% are vacant.
Riverside real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Riverside real estate agent to arrange a tour today!
Learn more about Riverside.
Owner User or Leased Investment property ro retail Pet Store Operator with 4 locations. Lease terminates in approximately 1 year.Call Listing Agent to request marketing brochure
405 Iowa Ave in Riverside presents a prime investment opportunity to acquire a freestanding retail strip center. This single-story building features three fully leased retail units, generating a monthly income and offering a reliable and stable return for investors. This property boasts excellent accessibility, situated less than half a mile from I-215, less than 5 minutes from downtown Riverside, and 23 minutes from Ontario International Airport. Positioned on a 0.34-acre lot with 20 surface parking spaces, it is located in the East Inland Empire submarket and zoned CP, supporting a variety of retail uses. Thishighly accessible property is an ideal addition to any investment portfolio.
***SELLER FINANCING AVAILABLE with below market Competitive Interest Rate.***The Villas at Columbia is an 18-unit apartment community located just 1.5 miles from the heart of downtown Riverside. Built in 1988, the property sits on a 1.23-acre parcel and features gated access, covered parking, and ample space for potential ADU additions. Per CA State Law, 4-6 ADUs are allowed to be converted or built based on existing number of units. The allowable floor area for each ADU ranges from 150 sf to 800 sf. ADUs add considerable NOI and value-added. (Buyers shall complete their independent due diligence on ADUs.) In the past six months, 11 of the units have undergone comprehensive renovations, including updated flooring, fresh paint, modernized kitchens with new appliances and cabinetry, and fully remodeled bathrooms. Each unit is equipped with air conditioning, fireplaces, ceiling fans, and other appealing design features. The property includes a tentative map and fully processed DRE/HOA documents, enabling a seamless conversion to for-sale condominiums at the owner's discretion. This presents a unique opportunity to unlock significant additional value through a condo conversion strategy. Each unit is individually metered for electricity and gas, with tenants covering these costs. The owner currently pays for trash, water, and sewer, and there is no RUBS program in place, offering potential buyers an opportunity to enhance operational efficiency and increase income. The unit mix is highly desirable, featuring one-bedroom units with lofts and two-bedroom units with and without lofts. Uniquely, all one-bedroom units include 1.5 bathrooms, an uncommon feature in the market. Additionally, loft units command a notable rental premium compared to non-loft options.
This commercial property in located on a main thoroughfare and highly visible location. A generous sized fenced lot with ample parking and building with an open floor plan! BLANK CANVAS! Approx 2,151 sqft building situated on a large fully fenced 14,810 sqft lot that is comprised two parcels (8712 sqft + 6098 sqft) Zoned C-P-S with County of Riverside. This property is designed to accommodate a large variety of commercial uses (retail, office space, service-based, dispatch, live work, recycling, research, pool hall, storage, etc) so this space offers plenty of options! Seller may consider the possibility of seller financing with a large down payment! Please call with questions.
Huge investment opportunity located close to Downtown in the beautiful city of Riverside. This NSP-FMU zoned property has tons of mixed use potential for Residential and Commercial applications.This property is currently generating income with a huge billboard on the corner of the lot. Property includes a 950 sq. ft. 2b1b building, a 1b1b 426 sq. ft. ADU and a huge shop. Perfect property to fix up and lease out to other businesses or to fix up for your own business. Property is in the process of getting building permits which may be transferred to the new owner which will save you thousands of dollars! Can also be used for Truck parking, the potential is limitless. Call today!
First time on the market in over 60 years. Current use is a religious facility. Property has been modified for church use with a sanctuary, dining hall, nursery, classrooms, baptistry and a large rear parking lot. This property has potential to be used a single family residence, multi family residence, home health care facility and the list goes on.
Office building located in downtown Riverside within walking distance to the courts, City Hall, Mission Inn and more. This two-story 3,108+/- square foot office was built in 1990 and sits on .18 acres. A shared parking lot offers 40+ parking spaces and shared common areas that are managed by a management company for the owners of the office buildings in this complex. The layout of this building makes for a great single user or multi-user design with virtually a mirror image of the first and second floors with bathrooms upstairs and downstairs as well as a kitchenette on both levels. Currently being used by a counseling center and a financial services business but could make for a great building for attorneys, financial professionals, real estate/property management, and more.
Positioned at a bustling intersection, this single-story building benefits from high visibility and great curb appeal. It boasts 7,345 sq. ft. of open remodeled office space, with half walls and has 12 desks between the two sides. Features 18 offices, 2 kitchens (no gas or dishwashers), 3 bathrooms- all are ADA compliant and a large conference room. With no shared parking you have 27 parking spaces-two of which are handicapped spots and all are secured by an automatic gate with remotes and keypad. Zoned BMP. This is a great opportunity, dont miss your chance to view it. Schedule your viewing today!
CAP: 5%Commercial Retail and Residential 2+ Acres Consisting of 5 separate parcels.The two large parcels APNsAPN #280-260-020 Sqft 38,462 zoning: Commercial RetailAPN #280-260-023 Sqft 52,085 Zoning: ResidentialThis lot is centrally located at the corner of Van Buren Blvd and Winchester Way.Stable $6,400 monthly rental income from 2 beds/2 baths unit, the carwash business and the Cell Tower. (Cell Tower rent increases 3% annually). The commercial lease is on NNN.
Situated in the City of Riverside's "North Main Street Specialty Services District," the property is a canvas for various uses. Imagine a property that combines convenience and immense potential for redevelopment. Nestled with a secured yard and offering easy access to the 60 Freeway, this property stands out with its great frontage and perfect visibility, ensuring that any business located here will stand out. The unique opportunity includes all three parcels of approximately 20,474 sq. ft., providing substantial area for your ambitious projects. Whether you envision a bustling restaurant, a spacious warehouse, a practical storage facility, or possibly even live/work units, this property can accommodate your vision. It's also ideal for businesses dealing with building supplies and sales, among many other possibilities. This property is more than just a piece of land; it's a gateway to endless opportunities. It is crucial for the buyer and their agent to verify all information with the city of Riverside to ensure the feasibility of their plans. Don't miss out on this chance to transform a prime location into a thriving business hub. Property has a Clean Phase I Report dated 6/12/24.
Back on Market! General Retail Commercial Building in mature market is ready for new owner-user or investor who need 13,250 sqft space to run business or lease it out for monthly cash flow. Stand alone building that offer 24,394 sqft lot size are located on popular street with heavy traffic flow daily. The building nearby Galleria at Tyler Mall, Starbuck, Walmart, Lowe's Plaza etc..., easily accessible to Pedley Metrolink, closer to 91 freeway. Building has 1 roll up door on the back, 3 front entrances that can section out in case owner does not want to occupy all spaces, 1 small front office, 1 small waiting area in front, 2 restrooms, lots of spaces for storages. and 13 designation parking spaces on back. Per city of Riverside, the area has rezone to Mixed Use Zones that give new owner many more options for long term future development. Previous owner use as restaurant, masculine business, Indian Spice Market. Current owner uses as Auto Parts. Buyer and his/her agent responsible for all due diligent. Listing broker and seller does not responsible for the accuracy of sqft of building, lot size. Sale "AS IS". Information deem to be reliable but not guaranteed.
Fantastic investment opportunity! This property, currently operating as a mechanic shop, is situated on a busy street in Riverside, offering excellent business visibility and curb appeal. The spacious layout provides ample potential for various business ventures. Dont miss out on this prime location with high traffic and great investment potential. Property sold as???????????????????????????????????????? is.
PRICE ENHANCEMENT!!! Strategically located off the bustling 215 freeway, this 2,464 SQFT, two story prime commercial building offers curb appeal and visibility with a tall pylon sign. It is perfectly positioned on a high traffic street leading to the on ramp of the 215 Freeway. Property Highlights: The buildings layout can accommodate a variety of commercial uses, from retail to office space. 14 parking spaces available to meet the needs of your clients and employees. Easy ingress and egress for both vehicles and pedestrians, with a gated, secured parking Lot gated, entire property secured by rod iron fencing. This property is a great opportunity for businesses seeking growth and prominence. Schedule a viewing today!
LOCATION, LOCATION, LOCATION! Fully-occupied, turnkey retail center located in West Riverside, off of a major street with high traffic, easy visibility, and close proximity to the 60 freeway. Situated on a 22,215 sq.ft. lot, it includes a spacious parking lot and a stand-alone building constructed in 2019. Plans were approved to add two units above the end caps. (Buyer to verify, but each unit is expected to be 700-900 square feet of residential living space.)
An acre of commercial land with visibility of 215 freeway. It has two office buildings...first bldg. 21,00-sf, second bldg. 1,100sf both fully air-conditioned.It has two shops at the back of bldg. Water and electricity are available. Buyer to perform own due diligence.
This property consist of one parcel located right on Iowa Ave . It has two separate buildings. The first building -407 Iowa Ave-is operating as fast food restaurant (2152sqf). The second building -421 Iowa Ave - has two units (2384sqf). One was a bakery, and the other was a barber shop. The land is all flat and fenced in with one common wall. Total area is 1.74 Acres. This property is ready for an owner operator or an investor to take it to the next level with lots of potential.
This exceptional 1.38-acre lot is currently zoned for mixed use, offering a myriad of possibilities for development. For the most up-to-date usage information, it is recommended to consult with the city of Riverside. The property was previously used for residential purposes and is already equipped with residential utilities. Its prime location across from a brand new commercial development, featuring a pharmacy, medical office, retail shops, and upcoming vendors, makes it a highly desirable investment opportunity. Moreover, its proximity to the rail served site, potentially earmarked as a terminus for containers from the Ports of Long Beach & LA, adds an exciting dimension, positioning the property at the center of new commercial opportunities.
Hugh Price Reduction, 2 Bedroom, 1 Bath House, Central Heat and Air, Formal Dining Room, Upgraded Kitchen with Oak Cabinets, Stainless Steel Dishwasher, Built-in Microwave, Stainless Steel Free Standing Stove, Ceiling Fans, Tub and Shower, Indoor Laundry Room, can be used as an office for gated yard, Yard has it's own Bathroom with a Sink and Toilet, automatic gate opener, Almost half an acre, has 2 covered parking stalls, 2 storage units and 1 covered work stall, on Van Buren with great visibility, 1/2 mile from 91 freeway, great for Groomers, Business Support Services, Catering Establishments, Home Cleaner, Commercial Kitchen, Home Improvement Sales and Service - Retail under 20,000 Sq. Ft., Landscaping, Medical Services, Offices, Personal Services, Plant Nurseries, Repair Shop (Computers, Small Appliances, Jewelry, Etc.), Restaurants (Sit down and Take-out), Storage Yard , Tutoring Center (20 Students or Less) - See Supplement for Commercial/Retail Zoning Uses, Call Riverside Planning at (951) 826-5800 to Inquire About Any Specific Usages That are Not Listed
LOCATION,LOCATION,LOCATION MAKE THIS GREAT OPPORTUNITY YOUR BEST VENTURE OPERATING MORE THAN 50 YEARSAUTO REPAIR ,TIRES,BRAKES,ALIGNMENTS ,SUSPENSION, & MUCH MORE .FACILITY PROVIDES TWO INDOOR BAY AREAS WITH TWO 36"HOISTS.IN THE BACK OF THE FACILITY IT IS AN OUTDOOR COVERED AREA WITH TWO HOISTS.BUILDING HAS A BATHROOM & SMALL OFFICE.PARKING ON THE SIDE OF THE PREMISES .BACK AND FRONT.EASY COMMUTE LESS THAN A MILE FROM 91 FREEWAY.
The property sits along a busy corridor of the Interstate 60 with a Huge Pylon dedicated to this 2,000,000 +/- Square Foot Regional Retail Power Center, located at the Freeway Interchange of the I60 and the I215. This is the prime exit on the I60 coming from the east, and you can also come to the center from the south by exiting off the I215. This offering consists of two nationally branded tenants, including Verizon & GameStop, and one regionally branded tenant AhiPoki, and also Pho Ha which has more than one location. All tenants are on NNN leases, and all renewed their options, except AhiPoki (they are taking over Subway Space in July 2024, because Subway has no more options). The building is also well-suited for future leasing that can produce increase in rents over time. Brokers and tenants call regularly unsolicited, wanting to know if any leases are expiring soon so they can takeover the space. The entire power center is very low turnover, as landlord has only ever lost one tenant when Payless filed bankruptcy. Shadow Anchored by Target, the subject is Pad Building C located at the drive entrance to Target, known to be one of the most visited shopping destinations in the region. All tenants are seasoned at this location, except for AhiPoki, but even then AhiPoki has clientele in the area, because they used to be located across Day Street in the Lowes shopping center.
Unique Commercial Opportunity Awaits at Riversides Historic Heart!We are thrilled to present a once-in-a-lifetime commercial real estate opportunity that includes not one, but TWO prime parcels at 3975 and 3985 Mission Inn Avenue, Riverside. This corner lot is nestled in the cultural tapestry of Downtown Riverside, this offering spans an impressive total area, strategically positioned to maximize your businesss potential.Why Choose Mission Inn Avenue?Dual Parcel Advantage: Enjoy the flexibility and immense potential of two adjacent parcels. Whether youre looking to expand or plan a diverse set of developments, these parcels provide the canvas for your entrepreneurial masterpiece.Prime Location: Situated in the vibrant heart of Riverside, these properties boast proximity to major freeways including the 91, 215, and 60, ensuring seamless access and high visibility. The perfect spot for businesses aiming to thrive on connectivity and convenience.Rich Historical Context: Located near the iconic Mission Inn Hotel and Spa, this area is steeped in history and charm, offering a scenic and prestigious backdrop for businesses. The location is not just a place, but a journey into the past, providing an ambiance that attracts tourists and locals alike.Vibrant Community: Be part of a bustling area known for its annual Festival of Lights, artsy allure, and a lively cultural scene. Your business will benefit from high foot traffic and a community that values local and unique business propositions.A Rare Opportunity in a Special PlaceRiversides Mission Inn Avenue is not just a locationits a destination. Offering both parcels together opens up rare strategic opportunities for development, investment, and growth in a location that celebrates history while looking forward to the future.Dont miss out on the chance to own a piece of Riversides heritage and make your mark in a special area that continues to grow and inspire. Call us today to explore how these parcels can transform your business dreams into reality!
Located just a quick walk, a few blocks to the center of downtown Riverside. This professional building offers two floors, elevator served. This listing is for the sale of the second floor only.Please do not disturb downstairs medical offices.Use for this space is professional office.The second floor offers unit 2 (1585 sq ft) and unit 3 (1033 sq ft) and each unit technically has its own parcel number.As you walk into the lobby area, to the right, first large office, down the hall small office, kitchenette and spacious accessible bathroom, conference room with seating enough for 9. The second office offers a kitchenette with a built-in microwave, private bathroom, large conference room with a storage closet, an extra filing cabinet storage room, a private office with a large open space area (bull pen). Building offers security alarm system. There is an HOA fee which is $980/monthly. Covers water, trash, alarm service, elevator maintenance, and ground maintenance. Gas average between $40.00 to $100.00. Electricity from $300.00 plus depending on the time of year.Parking lot shared for entire building.
Nice little commercial building on the corner of Park & 14th. Located in the heart of Riverside, about a half mile from the 91 freeway, 14th Street is an extremely busy street with a very high traffic count. There is a stop light at the corner, and plenty of street parking. Currently being rented to a fellowship group who is month to month. Great opportunity for an owner user in a busy area. Property is also in the transit corridor. Can be bought with the home next door for an additional $599,999. Great opportunity for an owner user, live in the home and run your business next door. Both properties are zoned commercial. See MLS OC24048243 for more details. Seller will consider carrying.
This two parcel commercial property features a combined 30,937 square foot lot. The C-1 - C-P zoning may offer flexibility for various business types, including retail, professional office, or personal service establishments catering to essential needs. Other key features that contribute to its attractiveness besides the sizable lot include its close proximity to residential areas, and being across from an elementary school. These factors can contribute to increased foot traffic and visibility for a potential business. The current building is 1500 square feet and the ample lot size allows for the possibility of expansion and future development. This flexibility opens up numerous possibilities for potential investors or business owners. Given the strategic location, diverse potential uses, and the option for expansion, this property could be a valuable investment for those looking to establish a business in the area. It would be important to conduct thorough due diligence, considering local regulations, market demand, and any potential future developments that may impact the property.
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