407 Iowa Avenue, Riverside, CA 92507
List Price: $1.65M
Listing Status: Active
Original List Price: $1.75M
0Days on Market: 320
0 Bedrooms · 0 Bathrooms
Property Type: CommercialSale
Year Built: 1957
Lot Size: 75,794 sq ft
MLS Number: IV25173310
About This Property
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 provided by: SHAKER MOHAMMAD DRE #01737829 951-250-1485 shakermohammad@ymail.com, A ONE PLUS REALTY INCORPORATED
Source: CRMLS, MLS #: IV25173310
Belmont Brokerage Inc. (DRE #02431308) is not the listing office for this property. We provide buyer representation and consultation. Any “Schedule a Tour” or “Contact” form on this page contacts a Belmont Brokerage agent — not the listing agent above.