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$4,600,000
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Property Description
Prime Restaurant Building for Sale! This is an excellent opportunity to own a highly desirable property in a prime location in Riverside, CA, just minutes from UC Riverside. Currently leased to an operating restaurant, this property offers great potential for future growth in a rapidly developing area. Why Invest in This Property? Strategic Location - Situated in a high-density area with a strong student and residential population, ensuring continuous demand for dining and services. High-Growth Area - Located within a designated redevelopment zone, with infrastructure improvements aimed at increasing foot traffic and enhancing business visibility. Opportunity for Increased Value - As the area continues to grow and develop, the property has strong potential for increased value, providing an excellent long-term investment opportunity. This property offers investors the chance to take advantage of Riverside's ongoing growth, making it an attractive option for those looking to invest in a prime, high-potential commercial property.
Full Property Details
Full Property Details for 3767 Iowa Ave
General
- Price: $4,600,000
- Status: Active
- Type: Commercial
- Source: MRMLS
- MLS ID: IG25021293
- Updated: 12/30/2025
- Days on Market: 413 days
- Added to Site: 429 day(s) ago
Rooms
Other Rooms
- Laundry: None
Location
- County: Riverside
- Driving Directions: Near the Iowa Ave/ University Ave intersection
Structural Information
- Entry Floor Number: 1
- Stories/Levels: 1
- Building Size: 4978
- Square Feet: 4,978
- Year Built: 1963
- Year Built Source: Assessor
Lot Features
- Lot Size (Acres): 0.6
- Useable Acres: .6
- Lot Size (Sq. Ft.): 26,136
- Lot Size Source: Assessor
- Lot Features: Lot 20000-39999 Sqft
- Lot Description: Lot 20000-39999 Sqft
Financial Considerations
- Price Per Sq. Ft.: $924
Disclosures and Reports
- Property ID: 250190036
Listed by eXp Realty of Southern California, RubenHernandez
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Schools
Schools serving 3767 Iowa Ave
School District:Riverside Unified School District
| Name | Grades | Distance |
|---|---|---|
Longfellow Elementary School, Riverside, CA 3610 Eucalyptus Avenue, Riverside, CA 92507 | K-6 | 1.1 mi |
University Heights Middle School 1155 Massachusetts Avenue, Riverside, CA 92507 | 7-8 | 0.8 mi |
John W. North High School 1550 3rd Street, Riverside, CA 92507 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 3767 Iowa Ave
Date
Details
Price
Change
Source
5/02/2025
Price Increased
$4,600,000
15%
MLS
1/30/2025
Listed
$4,000,000
146.15%
MLS
9/02/2020
Sold
$1,625,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 3767 Iowa Ave
Year
Property Taxes
Change
Tax Assessment
Change
2025
$19,712
3%
$1,758,950
2%
2024
$19,064
—
$1,724,462
2%
2023
$18,981
2%
$1,690,650
2%
2022
$18,631
2%
$1,657,500
2%
2021
$18,334
130%
$1,625,000
135%
2020
$7,958
2%
$692,817
2%
2019
$7,810
2%
$679,233
2%
2018
$7,660
2%
$665,915
2%
2017
$7,525
23%
$652,859
18%
2016
$6,117
2%
$553,059
2%
2015
$6,022
1%
$544,753
2%
2014
$5,958
1%
$534,085
—
2013
$5,922
—
$531,673
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 3767 Iowa Ave
3767 Iowa Avenue, Riverside, CA 92507 (MLS# IG25021293) is a Commercial property. 3767 Iowa Avenue is currently listed for $4,600,000 and was received on January 30, 2025. Want to learn more about 3767 Iowa Avenue? Do you have questions about finding other Commercial real estate for sale in Riverside? You can browse all Riverside real estate or contact a Coldwell Banker agent to request more information.

