Millman Team Real Estate

$1,750,000
1.74 Acre Lot

407 Iowa Avenue, Riverside, California 92507

  • Commercial Sale Property Type
  • 1957 Year Built
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.

Basic Details
Commercial Sale
For Sale
IV25173310
$1,750,000
1957
1.74 Acre
Active
Business
Features
: None
: Cross Fenced, Brick
: None
: Electricity Connected, Natural Gas Connected, Water Connected, Electricity Available, Sewer Available, Water Available, Natural Gas Available, Phone Available, Phone Connected
$0
Address Map
CA
Riverside
Riverside
92507
Iowa
407
Avenue
215 to Center then Iowa Ave
252 - Riverside
Additional Information
$0
$0
$0
$0
$0
4536
: Commercial
1
: Value In Land, Level, Street Level
2025-08-01
1
: Public
Broker/Agent Information
A ONE PLUS REALTY INCORPORATED
SHAKER MOHAMMAD
Listing Information
IMOHAMSH
IOPRI
Active
2025-08-03T01:31:18Z
CRMLS
: Standard
2025-08-01T18:54:58Z
Agent info
Ray Millman
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