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    1066 6Th St Corona, CA 92882

    For Sale
    $1,900,000

    Prime Corner Location, 1330 sq ft

    Property size:
    1,330 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This vacant, 1,330 square foot freestanding Class C retail/office building is situated on a 9,583 square foot lot at the high-traffic corner of West 6th Street and Lincoln Avenue in Corona, CA (92882). Built in 1966, the property features C-3 zoning, allowing for versatile commercial uses. The building is currently vacant, presenting a unique opportunity for owner-occupancy or investment. Its location within the Downtown Revitalization Plan Area offers significant development potential, capitalizing on the ongoing revitalization efforts. The property boasts high visibility and foot traffic, making it ideal for businesses seeking maximum exposure. Key features include dual street access and ample lot size. The asking price is $1,900,000, and the lease type is NNN (Net, Net, Net). This single-tenancy property presents a compelling investment opportunity for those seeking to benefit from Corona's growing downtown area. The property's strategic location and versatile zoning make it suitable for a variety of retail or office uses.

    Property Features for 1066 6Th St

    General Information

    Property type
    Individual retail properties
    Square Feet
    1,330 SF
    Class
    C

    Building Details

    Year Built
    1966

    HighLights

    • High‑visibility corner location at 6th and Lincoln with strong foot traffic.
    • Downtown Revitalization Plan site offering significant development potential.
    • Excellent investment opportunity in a revitalizing downtown area.
    • Large lot with dual street access and flexible zoning for office or retail use.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Corona Coin Coin Dealer Sun City Coin Collectibles Store Lake Elsinore Coin Pawn Shop

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Corona
    County
    Riverside
    State
    California
    Longitude
    -117.5826431
    Latitude
    33.8768675

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    FAQs

    What type of property is this?
    Individual retail property - Prime Corner Location, 1330 sq ft
    Where is this individual retail property located?
    The property is located at 1066 6Th St Corona, CA.
    What is the asking price?
    The asking price for this property is $1,900,000.
    What are key features of this property?
    This property features: High-visibility corner location at 6th and Lincoln with strong foot traffic.; Downtown Revitalization Plan site offering significant development potential.; Excellent investment opportunity in a revitalizing downtown area.
    Request Owner's contact information
    1066 6Th St 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
    1066 6Th St Corona, CA 92882
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