407 Iowa Avenue Riverside CA 92507 | MLS #IV25173310
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.
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.
Property Details
Price:
$1,650,000
MLS #:
IV25173310
Status:
Active
Beds:
0
Baths:
0
Type:
Commercial
Subtype:
Business
Neighborhood:
252riverside
Listed Date:
Aug 1, 2025
Total Sq Ft:
4,536
Lot Size:
75,794 sqft / 1.74 acres (approx)
Year Built:
1957
See this Listing
Schools
Interior
Heating
None
Laundry Features
None
Exterior
Fencing
Cross Fenced, Brick
Lot Features
Level with Street, Level, Value In Land
Stories
1
Financial
Map
Community
- Address407 Iowa Avenue Riverside CA
- CityRiverside
- CountyRiverside
- Zip Code92507
Subdivisions in Riverside
Market Summary
Current real estate data for Commercial in Riverside as of Oct 21, 2026
40
Commercial Listed
196
Avg DOM
$1,773,052
Avg List Price
Property Summary
- 407 Iowa Avenue Riverside CA is a Commercial for sale in Riverside, CA, 92507. It is listed for $1,650,000 To schedule a showing of MLS#iv25173310 at 407 Iowa Avenue in Riverside, CA, contact your Compass agent at 310.409.7242.
Similar Listings Nearby
Courtesy of A ONE PLUS REALTY INCORPORATED. Disclaimer: All data relating to real estate for sale on this page comes from the Broker Reciprocity (BR) of the California Regional Multiple Listing Service. Detailed information about real estate listings held by brokerage firms other than Compass include the name of the listing broker. Neither the listing company nor Compass shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. The Broker providing this data believes it to be correct, but advises interested parties to confirm any item before relying on it in a purchase decision. Copyright 2026. California Regional Multiple Listing Service. All rights reserved.407 Iowa Avenue
Riverside, CA