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    Corona Commercial Building with Warehouse Title is generated by Realmo AI

    13659 Magnolia Ave, Corona, CA 92879

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    For Sale
    $799,990

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

    Type:Commercial
    Property size:
    3,600 SF
    Price / SF:
    $222/SF
    Added:
    Apr 22, 2026
    Days on Market:
    51
    Last Refresh:
    Apr 22 at 7:09 pm

    Property Features for 13659 Magnolia Ave

    General Information

    Standard status
    Active
    Size
    3,600 SF
    Property subtype
    Commercial

    Building Details

    Year Built
    1964

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    Listing Contact
    XINYANG ZHANG

    Listing agent XINYANG ZHANG License #02121195

    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

    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.
    • Includes a spacious warehouse area at the rear.
    • Three entrances (two currently closed) provide flexible access.
    • Shared driveway easement with adjacent parcel.

    Overview

    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.

    Local Financial Insights For Retail

    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 −$21.3k −$5.93
    NOI $49.8k $13.83
    3,600 SF · lease $21.60/SF/yr · vacancy 8.50% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $711.5K
    $622.6K – $830.1K (±1% cap)
    NOI $49,805 @ 7.0% cap · market cap 6.23%
    Second Best
    Flex RnD
    $660.7K
    $578.1K – $770.8K (±1% cap)
    NOI $46,248 @ 7.0% cap · market cap 5.78%
    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.
    Location Intelligence

    Current Use by Public Records

    Flex space

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Gym & Fitness Center Daycare Center Building Supply

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5241848
    Latitude
    33.8766096

    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.
    More about this property
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