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    1920 Frontage Rd Corona, CA 92882

    Sponsored
    For Sale
    $3,500,000

    Turnkey Restaurant, High-Traffic Location

    Property size:
    56,628 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    391
    This exceptional mixed-use property, located at 1920 Frontage Road in Corona, CA 92882, presents a unique investment opportunity. The 1.3-acre lot (APN 102-250-055) boasts a substantial 56,628 square feet of land and a 7,300 square foot net rentable restaurant building. Built in 2007 and renovated in 2024, the property is in excellent condition and features a fully fixturized, turnkey restaurant ready for immediate operation. The C2 zoning allows for flexibility, with potential for smaller unit demises or alternative commercial uses. This prime location offers unparalleled visibility, situated just off the 91 Freeway at the Sixth Street offramp, benefiting from a 75-foot electronic billboard seen by 263,000 daily commuters. The asking price is $3,500,000. This is a rare opportunity to acquire a well-maintained, high-visibility property with significant redevelopment potential, one of the last remaining along this stretch of the 91 Freeway. The building itself is approximately 7,898 square feet.

    Property Features for 1920 Frontage Rd

    General Information

    Property type
    Restaurants
    Square Feet
    56,628 SF
    Lot Size
    56,628 SF

    Building Details

    Year Built/Renovated
    2007/2024
    Buildings
    1

    HighLights

    • Exceptional mixed‑use investment opportunity in Corona, CA.
    • 1.3‑acre lot (APN 102‑250‑055) with 7,300 SF net rentable restaurant building.
    • Fully fixturized, turnkey restaurant; built 2007, renovated 2024.
    • C2 zoning allows for flexibility and potential for smaller units or alternative uses.
    • High‑visibility location off the 91 Freeway with a 75‑foot electronic billboard, seen by 263,000 daily commuters.
    • Asking price: $3,500,000.
    Property Profile Location Intelligence

    Current Use by Public Records

    Miguel's California Mexican ... Mexican Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.60546448308
    Latitude
    33.879341139975

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    FAQs

    What type of property is this?
    Restaurant - Turnkey Restaurant, High-Traffic Location
    Where is this restaurant located?
    The property is located at 1920 Frontage Rd Corona, CA.
    What is the asking price?
    The asking price for this property is $3,500,000.
    What are key features of this property?
    This property features: Exceptional mixed-use investment opportunity in Corona, CA.; 1.3-acre lot (APN 102-250-055) with 7,300 SF net rentable restaurant building.; Fully fixturized, turnkey restaurant; built 2007, renovated 2024.
    Request Owner's contact information
    1920 Frontage Rd Corona, CA 92882
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    Corona, CA 92882
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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
    1920 Frontage Rd Corona, CA 92882
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