437 N Riverside

Description

Located in the heart of downtown Rialto, this exceptional commercial office property offers a rare opportunity to own a fully restored and income-producing landmark along highly visible Riverside Avenue. Thoughtfully remodeled to revive the timeless Craftsman-style character of the original home that once stood here, this one-of-a-kind asset seamlessly blends historic charm with modern commercial functionality, as well as stunning 100+ year old trees and stonework in the front. Bonus opportunity: the sale includes the adjacent parking lot on a separate APN, creating a combined total of approximately 0.58 acres of prime commercial real estate. Ideally positioned between the Interstate 210 and Interstate 10 freeways, the location provides convenient access for tenants, clients, and customers alike.The two-level office building features approximately 6,510 square feet with 10 total office units and 4 bathrooms (2 on each level). Parking is a standout amenity with 19 gated on-site spaces plus an additional 14 spaces on the included adjacent lot, totaling 33 parking spaces.Extensively upgraded throughout, the property showcases wrought iron fencing, automatic security gate, prominent signage, built-in gutter systems, rooftop HVAC systems, dual-pane windows, decorative stone and masonry accents, mature landscaping, exterior lighting, and meticulous maintenance throughout. Every detail reflects true pride of ownership, quality craftsmanship, and thoughtful design.All 10 units are currently leased by 3 separate tenants, creating immediate income potential with an approximate 6.62% CAP rate and 2025 NOI of $131,348 annually, making this an attractive opportunity for investors seeking stable returns with long-term upside. Per owner, the building was also designed in a manner that may allow for future conversion to an apartment-style residential use, offering added flexibility and redevelopment potential for the next owner (buyer to verify all possibilities with the City of Rialto).Opportunities to acquire a signature property with character, parking, location, income, and future potential are rare—this is one you do not want to miss.