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Property profile & analytics
OFF-MARKET
Commercial real estate

505 Buena Vista Ave Corona, CA 92882

Property ID
Property summary
AI-generated overview

This thriving cannabis microbusiness, established in April 2024, is offered for sale at $399,000. Located in Corona, CA, this turnkey operation boasts a 3,800 square foot facility with a 5-year lease (plus a 5-year renewal option) at a monthly rent of $4,500. The business includes a comprehensive Level 1 manufacturer license (Type 6), allowing for non-volatile solvent extraction, mechanical extraction, infusion, packaging, and labeling of cannabis products. It also operates as a non-storefront retailer, conducting sales exclusively through delivery services, and a distributor, facilitating the movement of cannabis products between various licensees and providing storage services. The secure facility features a robust security system, cameras, and a manual roll-up door. Five parking spaces are available on-site, with additional street parking. This unique opportunity encompasses three distinct license types under one roof, creating multiple revenue streams. The business has no outstanding debts or liabilities. Serious inquiries only; proof of financials and a signed NDA/Waiver are required before further details are disclosed.

Property profile
Verified
Property type Commercial real estate
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Pulic Health Hospital
  • Riverside Public Defender Law Firm
  • Dr. Julie A. Johnson, MD Pediatrician Physician
  • Dr. Sattar Pediatrician Physician
  • Corona Court City Courthouse
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
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CAP Approach CAP
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Comparable Approach Comparable
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Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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