407 Iowa Avenue, Riverside, CA 92507
- $1,650,000
List Agent SHAKER MOHAMMAD () A ONE PLUS REALTY INCORPORATED; CoList ()
- List Price
- $1,650,000
- Price Change
- ▼ $100,000 1778227592
- Status
- ACTIVE
- MLS#
- IV25173310
- Year Built
- 1957
- Lot Size
- 75,794
- Lot Location
- Level, Street Level, Value In Land
- Days on Market
- 362
- Property Type
- Commercial
- Property Sub Type
- Business
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.
Additional Information
- Heat
- None
- Water
- Public
Mortgage Calculator
Based on information from CRISNet MLS as of . All data, including all measurements and calculations of area, is obtained from various sources and has not been, and will not be, verified by broker or MLS. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. The listing broker's offer of compensation is made only to participants of the MLS where the listing is filed.