Restaurant Property with Two
For Sale
$1,650,000
407 Iowa Avenue, Riverside, CA 92507
Commercial Sale, Riverside, CA
Property SizeContact for details
Lot Size1.74 Acres
Days on Market394
Property Features for 407 Iowa Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Fencing
Cross Fenced
Directions
215 to Center then Iowa Ave
Subdivision
252 - Riverside
Standard status
Active
APN
247081020
Lot size
1.74 Acres
Amenities
fully fenced
common block wall
flat level lot
Building Details
Year built
1957
Listing Agency:
A ONE PLUS REALTY INCORPORATED
(951) 250-1485
Listed By:
SHAKER MOHAMMAD · License #01737829
(951) 250-1485
Added: Aug 1, 2025
Changed: Aug 20
Last Checked: Aug 29 at 8:06PM
MLS# IV25173310
Copyright © 2026 California Regional Multiple Listing Service, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This restaurant property comprises two separate commercial buildings on a 1.74-acre level parcel. The 2,152-square-foot building at 407 Iowa Ave is leased and operating as a restaurant. At 421 Iowa Ave, a 2,384-square-foot structure contains two commercial units, including spaces previously used as a bakery and barber shop. The configuration provides established restaurant occupancy alongside additional units that can support owner use or leasing.
Both buildings have separate addresses, while the site is enclosed by a common block wall. Cross fencing, the flat terrain, and the property’s 1957 construction date are additional physical characteristics. The combination of an operating restaurant and divided commercial space creates a multi-building layout with both occupied and available components.
Both buildings have separate addresses, while the site is enclosed by a common block wall. Cross fencing, the flat terrain, and the property’s 1957 construction date are additional physical characteristics. The combination of an operating restaurant and divided commercial space creates a multi-building layout with both occupied and available components.
Key Highlights
- 1.74‑acre flat, level commercial site
- 2,152 SF restaurant building at 407 Iowa Ave is leased and operating
- 2,384 SF building at 421 Iowa Ave is divided into two commercial units
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
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?
Conventional restaurant - Two commercial buildings occupy a flat, fully fenced site with leased restaurant space and additional commercial units.
Where is this conventional restaurant located?
The property is located at 407 Iowa Avenue 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, level commercial site; 2,152 SF restaurant building at 407 Iowa Ave is leased and operating; 2,384 SF building at 421 Iowa Ave is divided into two commercial units
