4,536 sqft

$1,650,000

407 Iowa Avenue, Riverside CA, 92507

Price per sqft$363.76

Built in1957

Property size4,536 sqft

Property typeCommercial

Overview

Active

Listed Aug 1, 2025

Updated Jun 19

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.

Additional information

MLS^® ID: IV25173310

Interior Features

Basement: No

Exterior Features

Lot Size: 1.74 Acres

Listed by SHAKER MOHAMMAD, A ONE PLUS REALTY INCORPORATED, CA DRE 01737829

Listing Contact: 951-250-1485

Based on information from the CRISNet MLS as of 6/19/2026, 4:40 AM UTC. 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. The information being provided is for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.