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19620 Temescal Canyon Road

Corona, CA 92881
  • $849,000
  • STATUS: Active Under Contract
  • ON SITE: 62 Days
  • ID#: DW24076476
Under Contract
UPDATED: 74 min ago
$849,000
  • 0
    BEDS
  • 0.22
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
Neighborhood:
Type:
Commercial
Built:
1950
County:

School Ratings & Info

Listing Agent(s): Kevin Messiha of Keller Williams - Downtown LA (213-221-7579)


Description

Priced to sell .75 acre development site at 19620 Temescal Canyon Road in the City of Corona. The offering is composed of two adjacent parcels of land along the busy thoroughfare of Temescal Canyon Road. Site is bordered by Olive Branch Christian Academy, El Cerrito Middle School, and El Cerrito Library. Currently, there are two standalone structures needing moderate TLC that may be operated as a owner / user /residence; however, tearing down the improvements for a new commercial retail operation is the highest and best use of the subject property. The site is a stones throw away from a vibrant mix of high-end retail at the Crossings at Corona such as Trader Joes, new luxury apartments near Dos Lagos, public transportation, easy highway access to I-15, and Dos Lagos Country Club. These retail clusters draw thousands of patrons each day that would need to drive past the site. Another advantage is the sites proximity to I-15, which draws 170,000 vehicles each day. Zoning for this property is Retail " General allowing for a broad range of indoor oriented retail sales and service, and office uses as either stand-alone businesses or as part of commercial centers or office developments. Corona is currently experiencing a post-covid economic retail boom. This sites relative location to I-15, attractive amenities at the Crossings, and Dos Lagos Country Club make it an ideal and natural acquisition for any developer. Purchase price based on internal proforma analysis and market based assumptions. Pro forma available upon request. All buyers to conduct independent due diligence.

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Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-22T16:38:28.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
www.steelecanyonrealty.com/homes/149543433
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19620 Temescal Canyon Road Corona, CA 92881

  • Price: $849,000
  • Status: Active Under Contract
  • On Site: 62 Days
  • Updated: 74 min ago
  • ID#: DW24076476
0
Beds
0
Baths
0
½ Baths
0.22
Acres
1950
Built
Neighborhood:
699 - Not Defined
County:
Riverside
Area:
699 - Not Defined
Property Description
Priced to sell .75 acre development site at 19620 Temescal Canyon Road in the City of Corona. The offering is composed of two adjacent parcels of land along the busy thoroughfare of Temescal Canyon Road. Site is bordered by Olive Branch Christian Academy, El Cerrito Middle School, and El Cerrito Library. Currently, there are two standalone structures needing moderate TLC that may be operated as a owner / user /residence; however, tearing down the improvements for a new commercial retail operation is the highest and best use of the subject property. The site is a stones throw away from a vibrant mix of high-end retail at the Crossings at Corona such as Trader Joes, new luxury apartments near Dos Lagos, public transportation, easy highway access to I-15, and Dos Lagos Country Club. These retail clusters draw thousands of patrons each day that would need to drive past the site. Another advantage is the sites proximity to I-15, which draws 170,000 vehicles each day. Zoning for this property is Retail " General allowing for a broad range of indoor oriented retail sales and service, and office uses as either stand-alone businesses or as part of commercial centers or office developments. Corona is currently experiencing a post-covid economic retail boom. This sites relative location to I-15, attractive amenities at the Crossings, and Dos Lagos Country Club make it an ideal and natural acquisition for any developer. Purchase price based on internal proforma analysis and market based assumptions. Pro forma available upon request. All buyers to conduct independent due diligence.
Exterior Features

Entry Level 1 Lot Features Yard

Interior Features

Heating None Heating YN No

Property Features

Additional Parcels YN No Common Interest None Laundry Features See Remarks Listing Agreement Exclusive Right To Sell Property Sub Type Mixed Use Special Listing Conditions Standard Water Source See Remarks



Based on information from California Regional Multiple Listing Service, Inc. as of 2024-06-22T16:38:28.443. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is deemed reliable but is not guaranteed accurate by the MLS or Steele Canyon Realty. Licensed in the State of California, USA.
 
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Steele Canyon Realty
5923 Severin Drive
La Mesa CA, 91942
Listing Agent(s): Kevin Messiha of Keller Williams - Downtown LA (213-221-7579)