Property Detail

Description

HIGH-VISIBILITY CORNER | OWNER-USER | INVESTMENT | REDEVELOPMENT OPPORTUNITY Rare opportunity to acquire highly visible freestanding commercial property on prominent intersection of W. 6th Street & Lincoln Ave in Corona. Situated on an approximately 9,583 SF corner lot, the property features an approximately 1,330 SF freestanding building, generous site area, prominent street exposure and dual access, creating multiple possibilities for an owner-user, investor or future redevelopment strategy. The property is positioned along Corona's important 6th Street commercial corridor and within the City's Downtown Revitalization planning area. Corona is actively pursuing major improvements to Downtown, including redevelopment, mixed-use projects, streetscape enhancements, gateway improvements and transformation of portions of 6th Street into a more pedestrian-oriented commercial destination. The site's combination of corner visibility, substantial land-to-building ratio and commercial/mixed-use planning context opens the door to a broad range of potential strategies. Consider retail, professional or medical office, service commercial, restaurant/food concepts, veterinary/pet services, automotive-related uses, redevelopment or a longer-term land hold, subject to City approval and buyer verification. Ideal for an entrepreneur seeking ownership rather than leasing, 1031 exchange investor, developer, medical/dental/veterinary user, franchise operator, retailer or investor seeking a strategic infill corner with future upside. 1066 W. 6th Street is a freestanding commercial property located at the prominent corner of W. 6th Street and Lincoln Avenue in Corona. The property consists of an approximately 1,330 SF building situated on an approximately 9,583 SF lot, with high visibility, dual street access, and a substantial land-to-building ratio. The property is currently improved with a commercial building suitable for office or retail-type use and is positioned within the City of Corona’s Downtown Revitalization planning area. The site may appeal to owner-users, private investors, 1031 exchange buyers, developers, medical/dental/veterinary users, franchise operators, service commercial users, or buyers evaluating longer-term redevelopment potential. Potential future uses may include office, retail, medical, dental, veterinary, restaurant/food service, automotive-related service, or redevelopment, subject to City approval and confirmation of zoning and development standards.