Two-Level Flex Space with
201 N Corona Ave Suite 103, Ontario, CA 91764
For Sale
$2,630,000
Office, shipping, and warehouse areas are paired with permitted second-floor offices and three-phase power.
Property Size6,767 SF
Price / SF$388.65
Days on Market47
Property Features for 201 N Corona Ave Suite 103
General Information
Standard status
Size
Total Parking Spaces
Property subtype
Zoning
Warehouse & Industrial
Clear Height
Warehouse Space
Drive-In Doors
Power
Voltage
Three-Phase Power
Sprinkler System
Additional Details
Opportunity Zone
Highway Access
Building Details
Building Size
Year Built
Stories
Construction
Listed By:
Fuqiang Yun
Source:
Elliman
Added: Sep 24
Changed: Nov 2
Last Checked: Nov 8 at 5:40AM
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 Fuqiang Yun
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Investment Insights
Based on property information with market context.
This two-level flex condo at 201 N Corona Ave, Suite 103, contains approximately 6,767 square feet. The ground floor has 4,917 square feet, including reception, a private office, shipping room, two ADA restrooms, and an approximately 2,900-square-foot warehouse. The warehouse has 23-foot clear height, a grade-level roll-up door, fire sprinklers, and 200A/480V three-phase power. The permitted second floor adds 1,850 square feet of office space, with an open sales and conference room and three private offices. Approximately 3,650 square feet is air-conditioned. Concrete tilt-up construction dates to 2008; the second-floor permit was finaled in 2016.
The property is in Ontario Airport Corporate Park, minutes from ONT Airport, with access to I-10, I-15, SR-60, and I-210. BP zoning allows warehouse, distribution, light assembly, R&D, showroom, and office uses. The property is currently owner-occupied and can be delivered vacant at close of escrow. It is in a federally designated Opportunity Zone; buyer to verify.
The property is in Ontario Airport Corporate Park, minutes from ONT Airport, with access to I-10, I-15, SR-60, and I-210. BP zoning allows warehouse, distribution, light assembly, R&D, showroom, and office uses. The property is currently owner-occupied and can be delivered vacant at close of escrow. It is in a federally designated Opportunity Zone; buyer to verify.
Key Highlights
- Approximately 6,767 SF across two levels, including 4,917 SF on the ground floor and 1,850 SF upstairs
- Approximately 2,900 SF warehouse with 23' clear height and grade‑level roll‑up door
- 200A/480V 3‑phase power and fire sprinklers
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$101,286
Cap Rate
3.85%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,025,720
$2.0M
Cap Rate 7%
$1,446,943
$1.4M
Cap Rate 9%
$1,125,400
$1.1M
Market Conditions
NOI Build-Up for 6,767 SF
Gross rent
$129.1K $19.08/SF
− Vacancy
−$10.0K −$1.47/SF
EGI
$119.2K $17.61/SF
− OpEx
−$17.9K −$2.64/SF
NOI
$101.3K $14.97/SF
Area
Ontario, CA
Vacancy
7.71%
Lease Rate
$19.08 /SF/Yr
Expense Ratio
15.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,025,720
Cap Rate 7%
$1,446,943
Cap Rate 9%
$1,125,400
Alternative Uses
Best Use
Warehouse
$1.45M
$1.27M – $1.69M
NOI $101,286 @ 7.0% cap · market cap 3.85%
Second Best
Industrial
$1.19M
$1.04M – $1.39M
NOI $83,412 @ 7.0% cap · market cap 3.17%
Theoretical Best
Specialty Retail
$1.75M
$1.53M – $2.04M
NOI $122,512 @ 7.0% cap · market cap 4.66%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Lease Details
23 ft
Clear height
1
Drive-in doors
Yes
Sprinkler system
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
569
Businesses Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Demographics for 91764, CA
55,322
Population
17,350
Households
3.2
Avg Household Size
33
Median Age
18%
College-Educated
74%
High-School Grad
7.9 sq mi
ZIP Area
7,003
Density / Sq Mi
$75,605
Median Household Income
$37,076
Median Earnings
$2,039
Median Rent
$524,100
Median Home Value
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Market
Properties on Market for Flex space in Ontario
Vacancy Rate% for Industrial in West region
Similar Off Market Nearby
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Frequently Asked Questions
What type of property is this?
Flex space - Office, shipping, and warehouse areas are paired with permitted second-floor offices and three-phase power.
Where is this flex space located?
The property is located at 201 N Corona Ave Suite 103 Ontario, CA.
What is the asking price?
The asking price for this property is $2,630,000.
What are key features of this property?
This property features: Approximately 6,767 SF across two levels, including 4,917 SF on the ground floor and 1,850 SF upstairs; Approximately 2,900 SF warehouse with 23' clear height and grade‑level roll‑up door; 200A/480V 3‑phase power and fire sprinklers
