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Property profile & analytics
FOR SALE
Office buildings

1066 W 6Th St Corona, CA 92882

0.22 ac lot
Entity Owned 8-yr Hold ~ Est. High Equity
Property ID
US09-0212005
Property summary
AI-generated overview

This exceptional 1,330 square foot commercial building presents a remarkable investment opportunity in the heart of Corona, CA. Strategically positioned on a 0.22-acre lot (9,583 square feet) at the bustling corner of 6th Street and Lincoln Avenue, this property offers unparalleled visibility and high foot traffic. Built in 1966, the building is zoned GC (General Commercial) and falls under the Mixed-Use 1 (MU 1) designation within the Downtown Revitalization Plan Area. This prime location ensures maximum exposure for any business. The property's versatile zoning allows for a variety of uses, including office space, retail, or a mixed-use development, catering to diverse business needs. The ample lot size and dual street access provide significant advantages for both operational efficiency and potential expansion. Investors will appreciate the significant development potential within the revitalizing downtown area, offering a chance to contribute to and benefit from the ongoing growth. This property is an ideal choice for entrepreneurs seeking a high-impact location or investors looking for a strong return on investment in a thriving commercial district. The existing land use is commercial, further solidifying its suitability for a range of business ventures. Don't miss this chance to acquire a truly exceptional commercial property in a rapidly developing area.

Property profile
Verified
Property type Office buildings
Use group OFFICE BUILDING
Lot 0.22 ac (9,583 SF)
Zoning code C3
APN 110-062-002
UPID US09-0212005
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
  • Corona Coin (Bike/Boat/Book/etc) Store
  • Sun City Coin (Bike/Boat/Book/etc) Store
  • Lake Elsinore Coin Discount Store (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$250k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$250k
Owner & transaction history
Sixth St LLC · 8 yrs held
Sixth St LLC
since 2018
7 recorded transactions
2018
Price N/A
2011
$400,000
2010
Price N/A
2010
$100,000
2006
$600,000
2002
Price N/A
1996
Price N/A
Zoning & alternative use
C3 · Corona, CA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Zone name General Community Commercial
General category COMMERCIAL
Zone area 149.61 ac
Source Realmo
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