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.
| MLS # | IV25173310 |
|---|---|
| Listing Type | For Sale |
| Style | Business |
| Sub-Type | Resale |
| Status | Active |
| Year | 1957 |
| Days On Site | 400 |
| Listing Provided By | A ONE PLUS REALTY INCORPORATED | SHAKER MOHAMMAD |
| SQ Feet | 4,536 |
|---|---|
| Story(s) | 1 |
| Building(s) | 2 |
| Acreage | 1.74 |
| Heating | None |
|---|---|
| Heating Yes / No | No |
| Lot Features | Level, Street Level, Value In Land |
|---|---|
| Fencing | Brick, Cross Fenced |
| Utilities | Electricity Available, Electricity Connected, Natural Gas Available, Natural Gas Connected, Phone Available, Phone Connected, Sewer Available, Water Available, Water Connected |
|---|
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
| State | CA |
|---|---|
| County | Riverside |
| City | Riverside |
| Zip Code | 92507 |
| Area | 252 Riverside |
![]() | $1,999,999405 Iowa AvenueRiverside, CA 92507 |