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    1066 6Th St Corona, CA 92882

    For Sale
    $1,900,000

    High-Visibility Retail Building, Prime Location

    Property size:
    1,330 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    314
    This exceptional 1,330 square foot commercial building presents a remarkable investment opportunity in the heart of Corona, CA. Strategically positioned on a 0.22-acre lot (9,583 square feet) at the bustling corner of 6th Street and Lincoln Avenue, this property offers unparalleled visibility and high foot traffic. Built in 1966, the building is zoned GC (General Commercial) and falls under the Mixed-Use 1 (MU 1) designation within the Downtown Revitalization Plan Area. This prime location ensures maximum exposure for any business. The property's versatile zoning allows for a variety of uses, including office space, retail, or a mixed-use development, catering to diverse business needs. The ample lot size and dual street access provide significant advantages for both operational efficiency and potential expansion. Investors will appreciate the significant development potential within the revitalizing downtown area, offering a chance to contribute to and benefit from the ongoing growth. This property is an ideal choice for entrepreneurs seeking a high-impact location or investors looking for a strong return on investment in a thriving commercial district. The existing land use is commercial, further solidifying its suitability for a range of business ventures. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly developing area.

    Property Features for 1066 6Th St

    General Information

    Property type
    Retail properties
    Square Feet
    1,330 SF
    Lot Size
    9,583 SF

    Building Details

    Year Built
    1966
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Corona Coin Coin Dealer Sun City Coin Collectibles Store Lake Elsinore Coin Pawn Shop

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5827
    Latitude
    33.87687

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    FAQs

    What type of property is this?
    Retail property - High-Visibility Retail Building, Prime Location
    Where is this retail property located?
    The property is located at 1066 6Th St Corona, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    (951) 816-6565
    Request Owner's contact information
    1066 6Th St Corona, CA 92882
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    Corona, CA 92882
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1066 6Th St Corona, CA 92882
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