407 Iowa AVE, Riverside, CA 92507
407 Iowa AVE, Riverside, CA 92507
407 Iowa AVE, Riverside, CA 92507
407 Iowa AVE, Riverside, CA 92507
407 Iowa AVE, Riverside, CA 92507
407 Iowa AVE, Riverside, CA 92507
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Ruby Raymond

Ruby Raymond

+1(805) 201-6341
$ 1,650,000
Est. payment | /mo

1.74 Acres Lot

Save
$ 1,650,000
Est. payment | /mo
Save

1.74 Acres Lot

Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID IV25173310

HOA Y/N No

Year Built 1957

Lot Size 1.740 Acres

Lot Dimensions Public Records

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.

Location

State CA

County Riverside

Area 252 - Riverside

Interior

Heating None

Fireplace No

Laundry None

Exterior

Fence Brick, Cross Fenced

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

Present Use Commercial

Building

Lot Description Level, Street Level, Value In Land

Story 1

Water Public

Others

Tax ID 247081020

Special Listing Condition Standard

CRMLS Full IDX Feed (MAIN Website Search)
Listed by SHAKER MOHAMMAD A ONE PLUS REALTY INCORPORATED 951-250-1485, DRE #01737829

NEARBY SCHOOL & BUSINESS

REVIEWS

Ximena Ames Nugent

Professional & Paid Attention to My Needs

I am very impressed with the professionalism of this team! They worked very hard with terrific attention to details and respect for my needs. I would highly recommend Ruby and Patrick as they are knowledgeable, and dedicated to their clients.

Jeff M

Purchase

Ruby and the Raymond Team were great. We're in our new home right now writing this. Ruby helped make this happen and if you are looking for a home in the 5 Cities area I suggest you give Ruby a call. Thanks Ruby, SM

RonSteinback

The broker that everyone hopes to hire!

Patrick listed and sold two properties for me this year, and I intend to use him on a third transaction. Patrick is responsive and knows the local area. I am a broker myself, but located in southern California. Patrick is the broker that everyone hopes to hire!

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How Does The Raymond Team Deliver Exceptional Real Estate Service?

Expert Guidance

We educate you on the market and guide you to the best best decision about your move.

Proven Systems

Over 23 years of real estate experience  has helped us perfect our results-driven buying and selling systems.

Results Driven

We listen, we communicate, and we track every step of the process to ensure a seamleass transaction.

Ruby Raymond
Ruby Raymond

Broker Associate License ID: 01342959

+1(805) 201-6341 | homes@raymondteamre.com

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By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from or on behalf of Ruby Raymond, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.