1920 Frontage RdCorona, CA 92882

Property Details for 1920 Frontage Rd

Year built

2000

Construction

WOOD

Lot size

1.30 AC

Property size (Sq ft)

7,850 SF

Property type

Retail properties

Property subtype

Turn key restaurants

APN

102-250-055

APU

102250055

Description

This exceptional Corona, CA property offers a 7,898 square foot, turnkey restaurant with significant frontage on Frontage Road. Located just off the 91 Freeway at the Sixth Street offramp, this single-tenant building benefits from a highly visible 75-foot electronic billboard, attracting attention from the 263,000 vehicles passing daily. Built in 2007 and renovated in 2024, the property boasts excellent condition and is fully fixturized, ready for immediate operation. The expansive 1.3-acre (56,628 square foot) lot presents significant flexibility. Its C2 zoning allows for potential subdivision into smaller units or alternative commercial uses. The property's size and prime location in Riverside County, with APN 102-250-055, make it an ideal investment for a variety of commercial ventures. The property is situated in Corona, CA, zip code 92882. This is a rare opportunity to acquire a well-maintained, high-visibility commercial property in a thriving market.

• CAP approach

  CAP return

  Valuation

  6%

  $3,171,521

  6.5%

  $2,927,558

  7%

  $2,718,447

• Comparable approach

  Method

  Valuation

  Relative Method

  $3,470,208

  Geo Method

  $6,962,670

• Alternative Use

  Use

  Valuation

  Residential

  $2,469,505

  Hospitality

  $2,262,053

  Educational

  $1,882,002

  Medical

  $1,946,726

  Retail

  $2,927,558

Location Insight

City

Corona

County

Riverside

State

California

Latitude

33.879

Longitude

-117.605

CBSA code

40140

CBSA name

RIVERSIDE-SAN BERNARDINO-ONTARIO, CA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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