Property summary
This exceptional 3,648-square-foot single-story office condo presents a unique investment opportunity in Corona, CA. Ideally situated near the intersection of the 91 and 15 freeways, this property boasts unparalleled accessibility and convenience. Built in 2007 and extensively renovated between 2022 and 2023, the space features a highly functional interior buildout, ready for immediate occupancy. The asking price is $1,565,000, translating to a competitive price per square foot of $429. The property sits on a 0.09-acre lot, providing ample space for parking and potential future expansion. Its "jewel box" design offers an efficient and well-appointed layout. The location is further enhanced by the proximity to numerous restaurants and other amenities, catering to both employees and clients. This owner-user offering represents a rare chance to acquire a meticulously maintained and strategically located commercial property in a thriving Southern California market. The recent renovations ensure modern functionality and aesthetics, minimizing the need for immediate capital improvements. This turnkey solution is perfect for businesses seeking a high-quality, well-positioned office space. Don't miss this opportunity to secure a prime commercial asset in a highly desirable location.
Property profile
VerifiedCap rate & NOI
Current use
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Location
Value estimations
Owner & transaction history
Zoning & alternative use
M-4 Industrial Park Zone . (1) The M-4 (Industrial Park) Zone is designed to provide attractive sites for restricted industrial development at desirable locations in an environment designed for industrial concerns engage…
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
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Estimated NOI ÷ last recorded sale. Refine with your own numbers in the full report.
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
M4 · Corona, CAM-4 Industrial Park Zone . (1) The M-4 (Industrial Park) Zone is designed to provide attractive sites for restricted industrial development at desirable locations in an environment designed for industrial concerns engage…
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
Official district profile
M-4 Industrial Park Zone . (1) The M-4 (Industrial Park) Zone is designed to provide attractive sites for restricted industrial development at desirable locations in an environment designed for industrial concerns engage…
What can be built and operated here — officially.
The district profile from the municipal source: what is on file for M4 in Corona, CA.
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