407 Iowa Avenue, Riverside, CA 92507
- $1,650,000
- List Price
- $1,650,000
- Price Change
- ▼ $100,000 1778227592
- Status
- ACTIVE
- MLS#
- IV25173310
- Year Built
- 1957
- Lot Size
- 75,794
- Acres
- 1.74
- Lot Location
- Level, Street Level, Value In Land
- Days on Market
- 360
- 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
- Attached Structure
- Detached
Listing courtesy of Listing Agent: SHAKER MOHAMMAD (shakermohammad@ymail.com) from Listing Office: A ONE PLUS REALTY INCORPORATED.
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