Sports Bar and Fourplex
21779 Temescal Canyon Corona, CA 92883
For Sale
$1,350,000
Pending
Owner-occupied sports bar plus a fourplex with mostly month-to-month tenants and a transferable liquor license.
Property Size5,854 SF
Lot Size1.12 Acres
Days on Market66
Property Features for 21779 Temescal Canyon
General Information
Standard status
Pending
Size
5,854 SF
Lot size
1.12 Acres
Property subtype
Retail
Building Details
Year Built
1945
Listing Agency:
Re/Max Time Realty
(909) 373-0880
Listed By:
Robert Mendez · License #01971883
Source:
Xome
Added: May 25
Changed: Jul 10
Last Checked: Jul 29 at 9:09AM
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 Re/Max Time Realty
Investment Insights
Based on property information with market context.
The offering combines a sports bar with a fourplex on a single parcel. The sports bar is currently owner-occupied by “The Sportsman,” and the business itself is not for sale. The fourplex consists of four 1-bedroom, 1-bath units, with each unit approximately 1,700 square feet. One unit is currently vacant, while three units are occupied on month-to-month terms. The property includes a California Type 48 liquor license, described as transferable upon ABC approval.
The site is located on a 1.12-acre lot with C-P-S zoning and benefits from freeway signage on I-15. The provided remarks state over 200,000 cars per day. The property is also described as being less than 1 mile from The Shops at Dos Lagos, along with nearby new homes and apartments.
For operators or investors seeking a mixed-use income stream, the structure provides potential for restaurant or bar concepts while also deriving residential rental income from the fourplex. The presence of a vacant unit and mostly month-to-month occupancy can simplify near-term leasing flexibility, subject to buyer verification and standard requirements. Buyer to verify all information to their satisfaction, including liquor license transfer steps through ABC approval.
The site is located on a 1.12-acre lot with C-P-S zoning and benefits from freeway signage on I-15. The provided remarks state over 200,000 cars per day. The property is also described as being less than 1 mile from The Shops at Dos Lagos, along with nearby new homes and apartments.
For operators or investors seeking a mixed-use income stream, the structure provides potential for restaurant or bar concepts while also deriving residential rental income from the fourplex. The presence of a vacant unit and mostly month-to-month occupancy can simplify near-term leasing flexibility, subject to buyer verification and standard requirements. Buyer to verify all information to their satisfaction, including liquor license transfer steps through ABC approval.
Key Highlights
- Owner‑occupied sports bar and a fourplex on an I‑15 Freeway property in Corona, CA
- Four units are 1 bed / 1 bath, approx. 1,700 SF each; 1 unit vacant and 3/4 occupied month‑to‑month (MTM)
- California type 48 liquor license included and transferable upon ABC approval
Financial Insights For Specialty 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 | $140.5k | $24.00 |
| − Vacancy | −$9.8k | −$1.68 |
| EGI | $130.7k | $22.32 |
| − OpEx | −$32.7k | −$5.58 |
| NOI | $98.0k | $16.74 |
5,854 SF · lease $24.00/SF/yr · vacancy 7.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$1.40M
$1.22M – $1.63M
NOI $97,996 @ 7.0% cap · market cap 7.26%
Second Best
Multifamily LT 5
$1.39M
$1.22M – $1.63M
NOI $97,585 @ 7.0% cap · market cap 7.23%
Theoretical Best
Office A
$1.82M
$1.59M – $2.12M
NOI $127,458 @ 7.0% cap · market cap 9.44%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Similar Off Market Nearby
- All Star Drafts Sports Bar & Grill — 2785 Cabot Dr #110, Temescal Valley, CA 92883
- Reunion Kitchen + Drink — 2765 Lakeshore Dr, Corona, CA 92883
- Rockefellas Bar — 21700 Temescal Canyon Rd, Corona, CA 92883
- TGI Fridays — 2795 Cabot Dr, Corona, CA 92883
Frequently Asked Questions
What type of property is this?
Bar & Pub - Owner-occupied sports bar plus a fourplex with mostly month-to-month tenants and a transferable liquor license.
Where is this bar & pub located?
The property is located at 21779 Temescal Canyon Corona, CA.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Owner‑occupied sports bar and a fourplex on an I‑15 Freeway property in Corona, CA; Four units are 1 bed / 1 bath, approx. 1,700 SF each; 1 unit vacant and 3/4 occupied month‑to‑month (MTM); California type 48 liquor license included and transferable upon ABC approval
