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Promenade Ave 0.86 Acres of Industrial Land Offered at $1,250,000 in Corona, CA 92877

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INVESTMENT HIGHLIGHTS

  • $33 price per sq. ft. - PRICED TO SELL!
  • .86 acre / ±37,461 sq. ft. - Zoned M1 (Light Industrial)
  • Promenade Ave. & 6th Street(Adjacent to Farmer Boys Restaurant)
  • Ideal for RV, trailer, camper, automobile sales

EXECUTIVE SUMMARY

PRICED TO SELL! Great development opportunity to acquire this .86 acre/37,461 sf, zoned M-1(Light Industrial) in the heart of Corona. It is strategically located with quick access to Fwy 15 and 91 in the City of Corona.

PROPERTY FACTS

Price $1,250,000
Sale Type Investment or Owner User
No. Lots 1
Property Type Land
Property Subtype Industrial
Proposed Use
Commercial
  • Office
  • Fast Food
  • General Freestanding
  • Hold For Development
  • Parking Lot
Total Lot Size 0.86 AC
Zoning M-1 - Light Manufacturing With M1 zoning, it permits AUTOMOBILE SALES, NEW & USED. Storage facility(CUP), self storage(CUP)

1 LOT AVAILABLE

Lot

Price $1,250,000
Price Per AC $1,453,488.37
Lot Size 0.86 AC

DESCRIPTION

PROPERTY DETAILS/DESCRIPTION: $1,250,000 / $33 per SF APN: 115-210-32 ZONING: M-1 (Light Manufacturing) LOT SIZE: Approx. 37,461 SF PRICED TO SELL! Great development opportunity to acquire this .86 acre/37,461 sf, zoned M-1(Light Industrial) in the heart of Corona. It is strategically located with quick access to Fwy 15 and 91 in the City of Corona. LOCATION: East side of S. Promenade Ave., near by of 6th Street; Adjacent to Farmer Boys Restaurant. SITE DESCRIPTION: Vacant, level, at-grade, sidewalks, curbs, gutters, street lights are in place along S. Promenade Avenue. BUILDING/PROPOSED SITE: Proposed site development with building outline , and exterior elevation design were recommended and adopted by the Planning Dept. of the City of Corona. UTILITIES: Sewer - Extends to the property line by Promenade Ave./City of Corona (Plan is available). Water - Corona Department of Water & Power; Electric - Corona Department of Water & Power Gas - Southern California Gas Company The following reports/studies were submitted & approved by the City of Corona: WQMP report, Noise Impact Study, Air Quality, Greenhouse Gas, & Energy Impact Study, Cultural and Paleontological Assessment, Trip Generation & VMT Screening Memorandum, Truck Turning Template Plans, Soil Report, & Rain water mitigation with infiltration system. SELLER'S FINANCING: Seller to carry back with 50% down payment.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
115-210-032
Land Assessment
$848,966
Improvements Assessment
$0
Total Assessment
$848,966
  • Listing ID: 35676185

  • Date on Market: 4/29/2025

  • Last Updated:

  • Address: Promenade Ave, Corona, CA 92877

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