230-240 Iowa Avenue

Riverside, CA
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
  • 0 Beds
  • 0 Baths
  • 3,900 Sqft
  • 15,680 Lot

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