Mixed-Use Commercial
For Sale
Contact for pricing
1021 S Main St, Corona, CA 92882
Existing commercial building constructed in 1964 for flexible mixed-use planning.
Property Size2,680 SF
Price / SF$373.13
Days on Market238
Property Features for 1021 S Main St
General Information
Standard status
Active
Size
2,680 SF
Property subtype
Mixed Use, Office, Retail
Investment Type
Owner/User
Building Details
Year Built
1964
Stories
1
Listing Agency:
Marcus & Millichap - Inland Empire
Listed By:
Drew Wetherholt · License #CA 01065168
Source:
Crexi
Added: Feb 20
Changed: Oct 1
Last Checked: Oct 14 at 10:39PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Marcus & Millichap - Inland Empire
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This mixed-use commercial property contains 2,680 square feet of building area and was constructed in 1964. The asset is located at 1021 S Main St in Corona, California, providing a defined address for commercial ownership or occupancy planning.
Key Highlights
- 2,680 square feet of building area
- Constructed in 1964
- Located at 1021 S Main St, Corona, CA 92882
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$41,390
Cap Rate
4.14%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,800
$827.8K
Cap Rate 7%
$591,286
$591.3K
Cap Rate 9%
$459,889
$459.9K
Market Conditions
NOI Build-Up for 2,680 SF
Gross rent
$70.8K $26.40/SF
− Vacancy
−$15.6K −$5.81/SF
EGI
$55.2K $20.59/SF
− OpEx
−$13.8K −$5.15/SF
NOI
$41.4K $15.44/SF
Area
Corona, CA
Vacancy
22.00%
Lease Rate
$26.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$827,800
Cap Rate 7%
$591,286
Cap Rate 9%
$459,889
Alternative Uses
Best Use
Office B
$591.3K
$517.4K – $689.8K
NOI $41,390 @ 7.0% cap · market cap 4.14%
Second Best
Retail
$529.7K
$463.5K – $618.0K
NOI $37,077 @ 7.0% cap · market cap 3.71%
Theoretical Best
Office A
$833.6K
$729.4K – $972.5K
NOI $58,351 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,469
Businesses Nearby
Explore this area
Business Placement
Demographics for 92882, CA
67,894
Population
20,757
Households
3.3
Avg Household Size
36
Median Age
29%
College-Educated
85%
High-School Grad
11.8 sq mi
ZIP Area
5,754
Density / Sq Mi
$100,668
Median Household Income
$46,092
Median Earnings
$2,093
Median Rent
$653,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Office in West region
Frequently Asked Questions
What type of property is this?
Mixed-use property - Existing commercial building constructed in 1964 for flexible mixed-use planning.
Where is this mixed-use property located?
The property is located at 1021 S Main St Corona, CA.
What is the asking price?
The asking price for this property is $1,000,000.
What are key features of this property?
This property features: 2,680 square feet of building area; Constructed in 1964; Located at 1021 S Main St, Corona, CA 92882
