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24442304
24442352

2120 Loleta Ave, Corning, CA 96021 For Sale

Century 21 Select Real Estate Chico
Listed by Century 21 Select Real Estate Chico
$1,800,000
776 days on market
Updated 67 days ago

Retail Commercial

Details
APN 071-300-026-000/071-300-005-000
Property Type Industrial, Mixed Use (+1)
Sub Type Refrigerated/Cold Storage, Storefront (+1)
Square Footage 314,503
Net Rentable (SqFt) 14,000
Units 2
Tenancy Vacant
Price per SqFt $6
Broker Co-Op Yes
Class A
Year Built 2005
Year Renovated 5
Buildings 2
Stories 1
Acreage 7.220
Zoning Commercial retail
Parking Spaces 20 spaces
Parking per 1,000 SqFt 0.06
Investment Type Owner/User
Ceiling Height 30ft
Ownership N/A
Sale Condition For sale by owner

Former Lucero Olive oil High Visibility Location

Marketing description

Prime Retail & Warehouse Investment Opportunity | Corning, CA

Unlock the potential of this versatile 7.22-acre commercial property, offered in two contiguous parcels, located in the heart of Corning, California. This rare opportunity combines high-visibility retail frontage with expansive warehouse infrastructure, making it ideal for a wide range of commercial, industrial, or mixed-use development.

🏢 Property Highlights:

  • 1,654 SF freestanding retail storefront with modern industrial charm

  • 14,000+ SF warehouse with high ceilings and two oversized roll-up doors (24' x 28')

  • Three climate-controlled rooms:

    • 30'0" x 32'6" (formerly a food-grade bottling room)

    • 24'7" x 21'2" (boxing/shipping)

    • 49'0" x 57'9" (inventory storage)

  • Additional amenities: tasting room, conference room, multiple offices, and 3 restrooms

  • Private gated entry for added security and operational control

đźšš Infrastructure & Flexibility:

  • Designed for food production, distribution, or light manufacturing

  • Adaptable for retail, logistics, e-commerce fulfillment, or agri-business

  • Ample acreage for future expansion, parking, or auxiliary structures

📍 Strategic Location:

  • Outstanding visibility on Highway 99, with signage exposure to over 39,500 vehicles daily

  • Visible from Interstate 5, ensuring regional reach and easy access

  • Surrounded by established businesses and just minutes from Rolling Hills Casino & Event Center

  • Located 40 minutes from both Redding and Chico, in a growing corridor between the Shasta and Lassen mountain ranges

This property offers a rare blend of functionality, location, and development upside—ideal for investors, owner-users, or visionary developers seeking a foothold in Northern California’s emerging commercial landscape.

Investment highlights

  • Located on HWY 99, boasts high visibility, expansive frontage, and easy egress/ingress to the Front and Rear parking lot.

  • is an excellent owner/user or investment opportunity to purchase a freestanding boutique storefront with warehouse.

  • 3 temperature-controlled rooms in warehouse.

  • Formerly used as an Olive Oil showroom, modern industrial fixtures, High ceilings, modern industrial space.

  • 📍 Prime Location & Visibility

    Positioned directly on Highway 99 with visibility from Interstate 5, which sees 39,500 vehicles daily, this site offers exceptional exposure and easy ingress/egress—ideal for retail or logistics operations.

  • 🔄 Flexible Investment Options

    Class A commercial zoning supports a variety of uses, industrial manufacturing, retail, refrigerated storage, office space, etc.

    Strong appeal for both owner-operators and investors seeking stable income, especially given the property's specialized infrastructure (cold rooms, storefront, warehouse).

  • đź’° Affordability & Potential Upside

    Listed at $1.8 million, which works out to just $5.72 per sq ft—a competitive rate for a Class A property with high-end finishes.

    Well-located near Rolling Hills Casino & local retailers and serves as a gateway for businesses moving between Redding, Chico, and beyond.

  • 🌄 Gateway to Agriculture & Tourism

    Corning is known as the “Olive City,” with a robust agricultural economy and growing agritourism. This property’s infrastructure aligns well with food production and processing needs. Plus, the area’s scenic backdrop near Shasta & Lassen opens up tourism-driven opportunities.

  • âś… Why It Matters

    1. Premium road visibility + logistics access = ideal for promotional businesses, transportation hubs, or retail showrooms.

    2. Built-in cold storage & bottling rooms reduce redevelopment costs—great for food processors.

    3. Large parcel with multiple building types offers flexibility for phased development or diversified tenants.

    4. Attractive price point for its scope and asset quality.

Listing Contacts

Century 21 Select Real Estate Chico
Listed by Century 21 Select Real Estate Chico

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