451 Iowa Avenue, Riverside, CA 92507

$499,000

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List Price
$499,000
Status
ACTIVE
MLS#
26846039
Year Built
1962
Lot Size
3,920
Acres
0.09
Lot Location
Corner Lot
Days on Market
138
Property Type
Commercial

Property Description

TURNKEY SALON & BEAUTY/WELLNESS OPPORTUNITY | FREESTANDING CORNER LOT -- At approximately $371/SF, this Riverside salon building is priced below the city and county retail averages of $410-$477/SF, offering a competitive price point for buyers seeking a freestanding commercial property. (Market averages should be independently verified.). Designed with salon and beauty professionals in mind, this approximately 1,345 SF freestanding building offers an opportunity to own both the real estate and an existing salon setup. Located on a prominent corner lot, the property includes salon furnishings, fixtures, and equipment, helping reduce the time and upfront investment typically required to build out a space from scratch. Whether you're an established salon owner ready to expand, a barber looking for a dedicated location, or a beauty or wellness professional ready to put your own stamp on a space, the existing layout provides a practical starting point for your business. Customize the interior, bring your brand to life, and create an environment that reflects your vision. Recent upgrades include new electrical wiring, a new water heater, two split AC units, and new porcelain tile flooring throughout. Outside, the private parking lot offers seven spaces, including one ADA-accessible space, plus two EV charging stations, providing added convenience for clients and staff. The corner location offers strong street visibility and accessibility in a high-traffic area, just minutes from Downtown Riverside and UC Riverside. With its freestanding presence, on-site parking, and existing salon infrastructure, this property offers an opportunity to establish or grow a beauty or wellness business while owning the building itself. The sale includes the building, salon furnishings, fixtures, and equipment, making this a turnkey opportunity for an owner-user ready to make the space their own. Buyer to independently verify zoning, permitted uses, and all applicable business requirements with the City of Riverside.

Additional Information

Cooling
Yes
Attached Structure
Detached

Listing courtesy of Listing Agent: Kara Birkenstock (kara.birkenstock@compass.com) from Listing Office: Compass.

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