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    618 Corning, CA 96021

    For Sale
    $599,999

    Prime Corning location, versatile spaces, ADA compliant.

    Property size:
    5,000 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    316
    This historic Corning, CA building, spanning 5,000 square feet on a 0.2-acre lot, presents a unique mixed-use investment opportunity. Recently upgraded to meet ADA compliance standards with the addition of a new elevator, this property offers exceptional flexibility. The upper floor, currently occupied by a quilt shop, features multiple individual office spaces and a bathroom. This area includes four separate offices, two of which are approximately 700 square feet each. The ground floor boasts a large, versatile space suitable as a main office or conference room, measuring approximately 900 square feet, along with two additional offices, a break room, and two bathrooms. Ample parking is available on-site and on the street. The building's history reflects its adaptability, having previously served various tenants, from single-occupancy to multiple businesses leasing individual spaces. The seller is open to selling the property as a whole or considering offers for individual office spaces. This property is ideal for a variety of uses and presents a strong return on investment. The asking price for the entire building is $599,999.

    Property Features for 618

    General Information

    Property type
    Mixed-use properties
    Square Feet
    5,000 SF
    Lot Size
    8,712 SF

    Building Details

    Year Built
    1910
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Map

    City
    Corning
    County
    Tehama
    State
    California
    Longitude
    -122.2026
    Latitude
    39.9281

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    FAQs

    What type of property is this?
    Mixed-use property - Prime Corning location, versatile spaces, ADA compliant.
    Where is this mixed-use property located?
    The property is located at 618 Corning, CA.
    What is the asking price?
    The asking price for this property is $599,999.
    (530) 824-4495
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    618 Corning, CA 96021
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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
    618 Corning, CA 96021
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