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    OFF-MARKET
    Office buildings

    618 4th St, Corning, CA 96021-2508

    2,573 SF 0.3 ac lot Built 1951
    Trust Owned 18-yr Hold Absentee Owner Free & Clear
    Property ID
    US09-0393817
    Property summary
    AI-generated overview

    This historic Corning, CA commercial building, situated on a 0.2-acre lot, offers 5,000 square feet of versatile space ideal for multiple tenants or a single occupant. Recently upgraded to meet ADA compliance with the addition of a new elevator, the property boasts a unique blend of historical charm and modern convenience. The upper floor, currently utilized as a quilt shop, features several individual offices and a bathroom. This floor alone offers four separate office spaces, two of which are approximately 700 square feet each. Downstairs, a large, open area of approximately 900 square feet could function as a main office or conference room, complemented by two additional offices, a break room, and two bathrooms. Ample parking is available on-site, supplemented by convenient street parking. The building's history reflects its adaptability, having previously served various businesses, from single-tenant occupancy to multiple company leases. The owner is open to leasing individual office spaces to multiple tenants or selling the entire building. The property's flexible layout and central Corning location make it an exceptional opportunity for a variety of commercial uses. Inquire for detailed leasing or purchase pricing.

    Property profile
    Verified
    Property type Office buildings
    Use group OFFICE BUILDING (MULTI-STORY)
    Year built 1951
    Construction WOOD
    Total area 2,573 SF
    Lot 0.3 ac (12,999 SF)
    Zoning code C-2
    APN 071-114-005-000
    UPID US09-0393817
    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
    • AccentCare Home Health Care Service
    • THE QUILT BASKET (Bike/Boat/Book/etc) Store Home Decor Store
    • Action Care Home Health Care Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Endicott,clifford B Trust · 18 yrs held
    Endicott,clifford B Trust
    since 2007
    2 recorded transactions
    2007
    1994
    $105,577
    Zoning & alternative use
    C-2 · Corning, CA
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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