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

Listed by SHAKER MOHAMMAD CA DRE# 01737829 with A ONE PLUS REALTY INCORPORATED 951-250-1485

Overview

Active

Listed Aug 1, 2025

Updated Aug 25

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 CA DRE# 01737829 with A ONE PLUS REALTY INCORPORATED 951-250-1485

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 8/25/2026. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

Data last updated on 8/25/2026 at 1:17 AM UTC Last Checked: 1:17 AM UTC