About 407 Iowa Avenue
This exceptional investment opportunity features a flat, fully fenced 1.74-acre lot with two separate commercial buildings, each assigned its own address: 407 Iowa Ave and 421 Iowa Ave. 407 Iowa Ave 2,152 sq ft standalone building Currently leased and operating as a restaurant, generating immediate income 421 Iowa Ave 2,384 sq ft building divided into two commercial units: One unit formerly a bakery One unit formerly a barber shop Flexible layout ideal for owner-use or lease-up potential Property Features Flat, level lot for ease of access and future development Enclosed with a common block wall for added security and privacy Multiple income streams from established tenants and vacant units ready for lease or repurposing Ideal for investors seeking cash flow or owner-users looking for a versatile commercial space This property offers a rare blend of income generation, flexibility, and security-positioned perfectly for long-term investment or immediate business use.
Features of 407 Iowa Avenue
| MLS® # | CRIV25173310 |
|---|---|
| Price | $1,750,000 |
| Square Footage | 4,536 |
| Acres | 1.74 |
| Year Built | 1957 |
| Type | Commercial Sale |
| Sub-Type | Comm Ind For Sale |
| Status | Active |
Community Information
| Address | 407 Iowa Avenue |
|---|---|
| City | Riverside |
| County | Riverside |
| State | CA |
| Zip Code | 92507 |
Amenities
| Utilities | Electricity Connected, Natural Gas Connected, Other |
|---|---|
| Is Waterfront | No |
| Has Pool | No |
Interior
| Heating | None |
|---|---|
| Fireplace | No |
Additional Information
| Date Listed | August 1st, 2025 |
|---|---|
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Agent | Shaker Mohammad |
|---|---|
| Office | A ONE PLUS REALTY INCORPORATED |