407 Iowa Ave Riverside, CA 92507

Building Details

Year Built

1957

Listing agency A one plus realty inc. s***@ymail.com Show Phone

Listed by SHAKER MOHAMMAD · License #01737829

Source Elliman

Added: Mar 10 Updated: Jul 6 at 10:58AM Checked: Jul 19 at 6:46AM

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Investment Insights

Based on property information with market context.

This commercial property features a flat, fully fenced 1.74-acre lot with two separate commercial buildings. The buildings have individual addresses: 407 Iowa Ave and 421 Iowa Ave. The building at 407 Iowa Ave is a 2,152 sq ft standalone structure currently leased and operating as a restaurant, generating income. The building at 421 Iowa Ave offers 2,384 sq ft and is divided into two commercial units, formerly a bakery and a barber shop. The flexible layout is ideal for owner-use or lease-up potential. The property is enclosed with a common block wall for security and privacy. It offers multiple income streams from established tenants and vacant units ready for lease or repurposing. This property is positioned for long-term investment or immediate business use.

Key Highlights

• 1.74‑acre flat, fully fenced lot with two separate commercial buildings.
• Multiple income streams from existing restaurant lease and potential from vacant units.
• 2,152 sq ft building currently leased to a restaurant, providing immediate income.

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FAQs

What type of property is this?

Storefront property - Two commercial buildings on a 1.74-acre lot.

Where is this storefront property located?

The property is located at 407 Iowa Ave Riverside, CA.

What is the asking price?

The asking price for this property is $1,650,000.

What are key features of this property?

This property features: 1.74‑acre flat, fully fenced lot with two separate commercial buildings.; Multiple income streams from existing restaurant lease and potential from vacant units.; **2,152 sq ft building currently leased to a restaurant, providing immediate income.**