Versatile Commercial Property For
For Sale
$1,650,000
407 Iowa Ave, Riverside, CA 92507
Two commercial buildings on a 1.74-acre lot.
Property Size2,384 SF
Lot Size1.74 Acres
Price / SF$692.11
Days on Market167
Property Features for 407 Iowa Ave
General Information
Standard status
Active
Size
2,384 SF
Lot size
1.74 Acres
Property subtype
Commercial
Building Details
Year Built
1957
Listing Agency:
A one plus realty inc.
(951) 250-1485
Listed By:
SHAKER MOHAMMAD · License #01737829
Source:
Elliman
Added: Mar 10
Changed: Jul 6
Last Checked: Aug 22 at 7:28AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of A one plus realty inc.
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.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
461
Businesses Nearby
35k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 91%
Dining 7%
Home Improvements & Furnishings 1%
Chevron
Shops & Services
11,292 visits/mo
0.1 miles
76
Shops & Services
5,692 visits/mo
0.1 miles
ExtraMile
Shops & Services
4,887 visits/mo
0.1 miles
Shell
Shops & Services
4,190 visits/mo
0.2 miles
Marathon
Shops & Services
3,086 visits/mo
0.1 miles
Demographics for 92507, CA
63,191
Population
19,739
Households
3.2
Avg Household Size
28
Median Age
32%
College-Educated
84%
High-School Grad
21.4 sq mi
ZIP Area
2,953
Density / Sq Mi
$72,367
Median Household Income
$31,961
Median Earnings
$1,780
Median Rent
$503,000
Median Home Value
Market
Vacancy Rate% for Retail in West region
Questions? Ask Rey
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Frequently Asked Questions
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.**
