1210-1216 6th St 2,622 SF 100% Leased Retail Building Norco, CA 92860 $1,733,613 CAD ($661.18 CAD/SF) 3.09% Cap Rate



INVESTMENT HIGHLIGHTS
- Size: 35,719 SF lot with 2 buildings offering income-generating opportunities
- Income Potential: Back lot currently rented for boat storage, providing a steady income stream
- Prime Location: Located on 6th St, a high-traffic street in Norco, ensuring excellent visibility
EXECUTIVE SUMMARY
1204 & 1210-1214 6th St, Norco, CA presents an ideal opportunity for an owner-user or redevelopment project in a highly visible location on 6th Street, a major street in Norco. The property includes approximately 2,622 SF of building space, with a thrift store and dog rescue occupying the space, situated on a flat, usable 35,719 SF lot. The site benefits from two curb cuts, offering easy access and flexibility for various potential uses. With C4 - Commercial zoning, the property is suitable for a wide range of businesses and development projects along this well-traveled street, which experiences steady foot and vehicle traffic during the day, ensuring a continuous flow of potential customers. Essential utilities including cable, electricity, phone, sewer, and water are already connected, making it ideal for immediate use or redevelopment. The property boasts 126 feet of street frontage, providing great exposure and access to Norco’s growing commercial area, making it a prime investment opportunity.
FINANCIAL SUMMARY (ACTUAL - 2024) Click Here to Access |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
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Gross Rental Income |
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Other Income |
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Vacancy Loss |
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Effective Gross Income |
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Net Operating Income |
$99,999
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$9.99
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PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,622 SF
Building Class
C
Year Built
1965
Price
$1,733,613 CAD
Price Per SF
$661.18 CAD
Cap Rate
3.09%
NOI
$53,534 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Zoning
C4
Parking
10 Spaces (3.81 Spaces per 1,000 SF Leased)
Frontage
126’ on 6th Street
NEARBY MAJOR RETAILERS





PROPERTY TAXES
Parcel Number | 131-210-023 | Improvements Assessment | $68,561 CAD (2023) |
Land Assessment | $53,860 CAD (2023) | Total Assessment | $122,421 CAD (2023) |