407 Iowa Avenue

Riverside, CA 92507

$1,750,000

List Price

1957

history_edu Year Built

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.

Listing Information

List Price $1,750,000
Status Active
MLS IV25173310
Type Commercial
Subtype Business
Year Built 1957
Lot Size 75,794
Structure Size N/A
DOM 179
Courtesy Of A ONE PLUS REALTY INCORPORATED
Listing Agent SHAKER MOHAMMAD DRE#01737829

Interior Features

Laundry Information

Location(s) None

Total Bedroom

Bedrooms N/A

Total Bathroom

Bathrooms N/A

Maps

home_work Nearby Properties

Listing information courtesy of: SHAKER MOHAMMAD, A ONE PLUS REALTY INCORPORATED . *Based on information from the Association of REALTORS/Multiple Listing as of Jan 28th, 2026 at 2:46 AM and/or other sources. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS. All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information.