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407 Iowa Ave
For Sale $1,750,000
$1,750,000
- Units
- Unknown Sq Ft
- 75,794 Sq Ft
- Unknown Cap Rate
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.
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Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $1,750,000 |
| Property Type | Business |
| Usable Sqft | Unknown |
| Number of Stories | 1 stories |
| Parking Spots | 0 spots |
| Year Built | 1957 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 247081020 |
| MLS # | IV25173310 |
| Property ID | 322031077 |
| Lot Sqft | 75,794 |
| Zoning | Unknown |
| Days on Market | 132 |
| Original List Price | $1,750,000 |
| Date Updated | August 02, 2025 |
| Date Created | August 01, 2025 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
SHAKER MOHAMMAD an agent of . Lic #01737829
© 2025 CRMLS. All rights reserved. Some listings on this website are from CRMLS as of August 02, 2025 The information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Robert Crawford
REAL ESTATE AGENT