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Corona Commercial Building with Warehouse

13659 Magnolia Ave Corona, CA 92879

13659 Magnolia Ave, Corona, CA, 92879
$799,990
For Sale
Claim this Listing
$799,990

3,600 sq ft building ideal for various commercial uses.

Property Size3,600 SF
Price / SF$222.22
AddedApr 22
Days on Market86
Last RefreshJul 15 at 9:42 pm

Property Features for 13659 Magnolia Ave

General Information

Standard status
Active
Size
3,600 SF
Property subtype
Commercial

Building Details

Year Built
1964

Listing office US National Realty

Listing date Apr 22, 2026

Source Elliman

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 US National Realty


Investment Insights

Based on property information with market context.

This 3,600 sq. ft. commercial building in Corona features three suites and a warehouse. The property is located in a high-traffic area near the 91 Freeway and McKinley Avenue. It is suitable for auto repair, retail, office, showroom, warehouse, or multi-tenant use. The building has three entrances, two of which are currently closed. The front section is divisible into three suites, each with its own restroom. A spacious warehouse area is located at the rear of the building. The property benefits from strong visibility and high traffic exposure. It also has a shared driveway easement with the adjacent parcel. The location has a walk score of 57, indicating it is somewhat walkable, a bike score of 33, indicating it is somewhat bikeable, and a transit score of 33, indicating some transit options are available.

Key Highlights

  • High‑traffic location near 91 Fwy/McKinley, offering strong visibility.
  • Versatile 3,600 sq. ft. commercial building suitable for various uses.
  • Divisible front section into three suites, each with its own restroom.

Local Financial Insights For Flex RnD

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $77.8k $21.60
− Vacancy −$6.6k −$1.84
EGI $71.2k $19.76
− OpEx −$24.9k −$6.92
NOI $46.2k $12.85
3,600 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 35.00%

Alternative Uses

Best Use
Flex RnD
$660.7K
$578.1K – $770.8K (±1% cap)
NOI $46,248 @ 7.0% cap · market cap 5.78%
Second Best
Warehouse
$532.0K
$465.5K – $620.7K (±1% cap)
NOI $37,241 @ 7.0% cap · market cap 4.66%
Theoretical Best
Office A
$1.12M
$979.8K – $1.31M (±1% cap)
NOI $78,382 @ 7.0% cap · market cap 9.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Flex space

Suggested Use

Parking Lot & Garage Pharmacy Storage Facility Law Firm Veterinary Clinic Butcher Grocery & Convenience Store Acupuncture Locksmith Tattoo & Piercing Shop

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

FAQs

What type of property is this?
Flex space - 3,600 sq ft building ideal for various commercial uses.
Where is this flex space located?
The property is located at 13659 Magnolia Ave Corona, CA.
What is the asking price?
The asking price for this property is $799,990.
What are key features of this property?
This property features: High‑traffic location near 91 Fwy/McKinley, offering strong visibility.; Versatile 3,600 sq. ft. commercial building suitable for various uses.; Divisible front section into three suites, each with its own restroom.
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