Deasy Penner Podley is proud to present this commercial leased investment opportunity. There is a strong 5 year base-lease in place with two five-year options to renew with a CPI increase annually. Additionally there is a 2.5 percent Non-Managing member interest in the business, the license value and profits derived from the business. The building is presently in permit process for a major remodel. The buildings combined are approximately 3900 sq ft. and the two parcels combined are 15680 sq ft. This is a unique opportunity for the savvy investor. Please call Listing Agent for additional details and information.
For Sale $1,998,000
  • 3900 Sqft
  • 15680 Lot
Jim Rock
Jim Rock
Realtor®, Partner
jimrock@dppre.com
Mobile (626) 484-7006
CalDRE 01057765

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230-240 Iowa Avenue is a commercial property located in Riverside, CA. This property sits on a 15680 sqft lot, is 3900 sqft.