Corona CA Real Estate & Commercial for Sale

Owners relocating business to Orange County. Great opportunity to buy a mixed use commercial lot (CUP Auto Sales) currently used as a well established used car/truck Dealership. Approximately 1/2 acre lot, holds 75-80 vehicles, with a 1700 sq/ft upgraded office building that has 2 private offices, greeting desk, spacious waiting room, 2 bathrooms and a very nice kitchen with granite island, stained shaker cabinets, stainless steel appliances, refrigerator, crown molding and recessed lighting. There is also a large storage room that could be a 3rd private office. The property has 3 gates for easy access and has complete perimeter wrought iron fencing, block walls or privacy fencing. Highly desirable frontage property situated on one of the busiest roads through the southern part of Corona, about 200,000+ cars a week pass by, fantastic exposure. The property consists of 3 APNs and has just been re-paved and striped.

*This industrial property presents a prime investment opportunity. *A 5.5% Cap Rate is based on the lease rent and reimbursement *5.5% Cap Rate (Pro Forma) *It's fully leased to two tenants, with the current lease expiring on 1/31/2026. Total two units: unit #1 includes both a warehouse and offices, while Unit #2 is solely an office space *Free Standing Building ( There is a gap between the two building walls. no shared wall). *Private Fenced Yard with 6-8 trailer-parking spaces. Total 3 restrooms including 2 restrooms in the warehouse area and 1 restroom in the office area. *Total Office size: 3393 sqft.