416 W 6th St 11,726 SF 100% Leased Retail Building Corona, CA 92882 $4,676,332 CAD ($398.80 CAD/SF) 4.39% Cap Rate

Located in the heart of Corona, California, 416 W 6th St is a high-yield commercial property with 100% occupancy and a monthly rental income of $18,000. This prime investment opportunity offers a strategic location, stable tenants, and strong growth potential.
• Property Type: Commercial (Car Wash + Restaurant + Auto Services)
• Building Size: 11,726 sq. ft.
• Lot Size: 31,172 sq. ft. (0.716 acres)
• Year Built: 1980 (Recently Upgraded Roof)
• Current Tenants:
• Car Wash (Primary Tenant)
• Restaurant
• Auto Tinting Service
• Oil Change & Repair Shop
• Total Monthly Rental Income: $16,000
• Investment Highlights: Fully leased, stable tenants, low maintenance costs
Investment Highlights
Strong Rental Income & Low Maintenance
• 100% occupied with long-term, reliable tenants providing stable rental cash flow.
• Recently upgraded roof, reducing future maintenance expenses.
Prime Location in Corona
• Strategically located in downtown Corona, a high-traffic commercial district.
• Adjacent to Corona City Hall, making it an ideal business hub.
• Corner property with high visibility and easy street access.
Thriving Commercial Surroundings
• High foot and vehicle traffic, ensuring a steady customer base for tenants.
• Minutes from shopping centers, banks, and supermarkets.
• Great for long-term investment, benefiting from the city’s economic growth.
Future Growth Potential
• Corona City’s ongoing commercial and infrastructure development is expected to drive property value and rental growth.
• Close to major highways (91 & 15 Freeways), making it a strategic location for businesses and logistics.
• Increasing demand for commercial space, ensuring long-term appreciation.
Surrounding Area & Transportation
• Located on a major street (6th Street) with high daily traffic volume.
• Quick freeway access: Only 3 minutes from the 91 Freeway (Riverside Fwy), connecting to Los Angeles and Orange County.
• Convenient public transit options within walking distance, ideal for business owners and employees.
This property is an excellent long-term investment, providing consistent cash flow and future appreciation potential, making it ideal for:
• Investors seeking high rental yield and potential property appreciation.
• Business Owners looking for self-use space with rental income.
• 1031 Exchange Investors searching for a stable and profitable commercial asset.