407 Iowa Avenue, Riverside, CA 92507

• 4,536 sqft

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 Status:

Active

Date Added:

August 1, 2025

Data Last Updated:

February 7, 2026 at 2:19PM

Listing Office:

A ONE PLUS REALTY INCORPORATED : 951-250-1485

Listing Agent:

SHAKER MOHAMMAD : 951-250-1485

MLS ID:

IV25173310

Interior

• Laundry: None
• Heating: None

Construction

• General: 1

Location

• Originating MLS: CRMLS_CRM
• County: Riverside

Lot

• Zoning: 247081020
• Fencing: BrickCross Fenced
• Current Use: Commercial

Utilities

• Utilities: Electricity AvailableElectricity ConnectedNatural Gas AvailableNatural Gas ConnectedPhone AvailablePhone ConnectedSewer AvailableWater AvailableWater Connected
• Water: Public

Financial

• Source: CRMLS_CRM