3767 Iowa Avenue Riverside, CA 92507

Building Details

Year Built

1963

Listing office eXp Realty of Southern California i***@egahomes.com Show Phone

Listing date Aug 31, 2025

Source Exitrealty

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Investment Insights

Based on property information with market context.

This is a restaurant building offered for sale that is currently leased to an operating restaurant. The property is presented as a turnkey option for an owner who wants to acquire an income-producing restaurant asset while the surrounding area continues to develop.

The property is located in Riverside, CA, just minutes from UC Riverside. It is described as being in a high-density area with a strong student and residential population. The remarks also indicate the site lies within a designated redevelopment zone tied to infrastructure improvements intended to increase foot traffic and visibility.

For buyers, this offering may fit restaurant operators seeking a property they can evaluate with an existing restaurant use, or investors looking for a retail-style asset aligned with dining demand from nearby residents and students. Because the property is already under lease to an operating restaurant, prospective buyers should plan for lease review as part of their due diligence, including how the current restaurant operation relates to the building’s permitted restaurant use and any future ownership or operating plans.

Key Highlights

• Restaurant building built in 1963 in Riverside, CA.
• Currently leased to an operating restaurant tenant.
• Located near UC Riverside in Riverside.

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FAQs

What type of property is this?

Conventional restaurant - Restaurant building currently leased to an operating tenant near UC Riverside in Riverside.

Where is this conventional restaurant located?

The property is located at 3767 Iowa Avenue Riverside, CA.

What is the asking price?

The asking price for this property is $4,600,000.

What are key features of this property?

This property features: Restaurant building built in 1963 in Riverside, CA.; Currently leased to an operating restaurant tenant.; Located near UC Riverside in Riverside.