11
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$1,650,000
Est. payment /mo
1.74 Acres Lot
Price Dropped by $100K
407 Iowa AVE Riverside, CA 92507
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Key Details
Property Type Commercial
Sub Type Business
Listing Status Active
Purchase Type For Sale
MLS Listing ID IV25173310
HOA Y/N No
Year Built 1957
Lot Size 1.740 Acres
Lot Dimensions Public Records
Property Sub-Type Business
Property Description
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.
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.
Location
State CA
County Riverside
Area 252 - Riverside
Interior
Heating None
Fireplace No
Laundry None
Exterior
Fence Brick, Cross Fenced
Utilities Available Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected
Present Use Commercial
Building
Lot Description Level, Street Level, Value In Land
Story 1
Water Public
Others
Tax ID 247081020
Special Listing Condition Standard
Listed by SHAKER MOHAMMAD A ONE PLUS REALTY INCORPORATED 951-250-1485, DRE #01737829
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