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Shawn Bengtson

Office Broker - DRE 01236964

  • Office 760-805-7199
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407 Iowa Avenue, Riverside – $1,750,000

  • $1.8M Price
  • 1.74 Acres
  • 68 DOM
  • $1.8M Price
  • 1.74 Acres
  • 68 DOM

407 Iowa Avenue

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.

Essential Information

  • MLS® #IV25173310
  • Price$1,750,000
  • Bathrooms0.00
  • Acres1.74
  • Year Built1957
  • TypeCommercial Sale
  • Sub-TypeBusiness
  • StatusActive

Community Information

  • Address407 Iowa Avenue
  • Area252 - Riverside
  • CityRiverside
  • CountyRiverside
  • Zip Code92507

Amenities

Utilities

Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected

Interior

  • HeatingNone
  • # of Stories1

Exterior

Lot Description

Level, Street Level, Value In Land

Additional Information

  • Date ListedAugust 1st, 2025
  • Days on Market68

Listing Details

  • AgentShaker Mohammad
  • OfficeA ONE PLUS REALTY INCORPORATED
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Shaker Mohammad, A ONE PLUS REALTY INCORPORATED.

Based on information from California Regional Multiple Listing Service, Inc. as of October 9th, 2025 at 8:20pm PDT. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent.